Article
Spatial Autocorrelation in a Retail Context
Author
Start Page / End Page
Volume
Issue Number
Year
Publication
Charles C. Carter and William J. Haloupek
34 / 48
3
1
2000
International Real Estate Review
Abstract
This paper describes and applies the weighted least squares (WLS) technique that corrects for spatial autocorrelation in the residuals of hedonic regressions. Most empirical studies to date have focused on spatial autocorrelation in the housing market, i.e., single family home valuation. This study focuses on mall stores within shopping centers, with an emphasis on retail site selection within the mall.