LAUSR.org creates dashboard-style pages of related content for over 1.5 million academic articles. Sign Up to like articles & get recommendations!

Multiscale geographically and temporally weighted regression with a unilateral temporal weighting scheme and its application in the analysis of spatiotemporal characteristics of house prices in Beijing

Photo from wikipedia

ABSTRACT Geographically and temporally weighted regression (GTWR) has been demonstrated as an effective tool for exploring spatiotemporal data under spatial and temporal heterogeneity. Exploiting the advantages of the two most… Click to show full abstract

ABSTRACT Geographically and temporally weighted regression (GTWR) has been demonstrated as an effective tool for exploring spatiotemporal data under spatial and temporal heterogeneity. Exploiting the advantages of the two most popular GTWR methods, we propose an alternative GTWR with a good balance between complexity and interpretability via a unilateral temporal weighting scheme called unilateral GTWR (UGTWR). When compared to the other two popular GTWR methods, the simulation experiment shows that UGTWR has comparable estimation accuracy and model fit, but it is more efficient. Furthermore, we propose its multiscale extension, coined multiscale UGTWR (MUGTWR), to characterize the spatiotemporal dynamic regression relationships at multiple scales. The proposed MUGTWR was applied to the analysis of house prices in the period of 2014–2018 in Beijing as a case study. Our analysis reveals that MUGTWR can effectively capture different levels of spatiotemporal heterogeneity in selected factors affecting house prices at different scales. Therefore, this study is useful for the formulation of housing policy in which the spatiotemporal dynamics of house prices with respect to specific factors can be considered.

Keywords: regression; analysis; house prices; geographically temporally; temporally weighted; house

Journal Title: International Journal of Geographical Information Science
Year Published: 2021

Link to full text (if available)


Share on Social Media:                               Sign Up to like & get
recommendations!

Related content

More Information              News              Social Media              Video              Recommended



                Click one of the above tabs to view related content.