Working papers TerRa

Les working papers publiés par l'équipe Territoire, Ressources et Acteurs

Working Papers DE l’annee

Yuheng LING (09/04/2019), Time, space and hedonic prediction accuracy evidence from the Corsican apartment market.
In this study, we propose a hedonic housing model to address spa- tial and temporal latent structures simultaneously. With the development of spatial econometrics and spatial statistics, economists can now better assess the impact of spatial correlation on house prices. How- ever, the simultaneous handling of spatial and temporal correlation is still under development. Since spatial econometric models are limited to account for two kinds of cor- relation simultaneously, we propose using a hierarchical spatiotemporal model from spatial statistics. Based on a Bayesian framework and a stochastic par- tial differential equation (SPDE) approach, the estimation is carried out via INLA. We then perform an empirical study on apartment transaction prices in Corsica (France) using the proposed model. The empirical results demonstrate that the prediction performance of the hierarchical spatiotemporal model is the best among all candidate models. Moreover, the hedonic housing estimates are affected by spatial effects and temporal effects. Ignoring these effects could result in serious forecasting issues.
Keywords : Hierarchical spatiotemporal model · Hedonic price model · INLA-SPDE · Apartment market
Working Paper TerRA n°13

Laura CIUCCI & Marie-Antoinette MAUPERTUIS (28/01/2019), Les activités de transfert de technologie des universités permettent-elles de réduire le gap technologique entre sphères académique et non-académique ? Une étude du cas italien.
Ce travail étudie dans quelle mesure les universités peuvent affecter l’écosystème local d’innovation. Nous nous focalisons sur le rôle que les activités de transfert de technologie (TT) et les Bureaux de Transfert de Technologie (TTO) peuvent jouer dans le rapprochement de la recherche académique et non-académique, à travers l’augmentation de la proximité technologique entre brevets académiques et non-académiques à l’échelle locale. Cette proximité̀ est mesurée par le degré de similarité des portefeuilles de brevets (Jaffe, 1986). Pour ce faire, des données relatives aux brevets académiques et non-académiques sont utilisées pour un panel constitué des provinces italiennes (NUTS3) sur la période 1998-2009. Basés sur des estimations de modèles fractionnaires, les résultats indiquent un effet positif et significatif des activités de TT sur la probabilité̀ de déposer des brevets dans les mêmes domaines technologiques. De plus, il semblerait que la mise en place de TTO n’ait pour l’heure aucun effet sur la proximité̀ technologique Université-Industrie.
Keywords : Technological Proximity, Technology Transfer, TTO, Frac- tional response model, Patent.
Working Paper TerRA n°12

Steven B. CAUDILL, Claudio DETOTTO & Dominique PRUNETTI (25/01/2019), Bargaing power in apartment sales in Corsica : A latent class approach.
This paper adds to the literature by extending the bargaining model of Harding, Rosenthal, and Sirmans (2003) to a latent class framework. We examine data on apartment sales in Corsica over the period 2006 to 2016. Our results indicate that the Corsican housing market has two distinct segments and that bargaining power of buyers and sellers is not the same in these two segments. In particular, we find that the French mainlanders have more bargaining power when selling in one market segment but they experience a decrease in bargaining power when buying in the other segment. Corsican buyers exhibit significant bargaining power in both sub-markets but local sellers exhibit significant bargaining power in just one segment of the market. Auxiliary regressions indicate that the apartments associated with the first segment are more spacious, less likely to be new, more likely to have a garden, and typically have longer travel times to any of the local amenities like doctors, pharmacies and the downtown area. From this we conclude that apartments in one segment are more likely to be rural and at a greater distance from the coast compared to the other segment.
Keywords : Latent class, hedonic regression, bargaining power
Working Paper TerRA n°11


Working Papers des années précédentes

Maria Giovanna BRANDANO, Claudio DETOTTO & Marco VANNINI (15/05/2018), In vino feracitas ! Efficiency of wineries in and out of Sardinia’s wine routes.
Working Paper TerRA n°10

Claudio DETOTTO, Laura SERRA & Marco VANNINI (12/09/2017),  Did the establishment of specialised courts affect the frequency of business bankruptcy petitions in Spain ?
Keywords : bankruptcy, commercial courts, endogenous treatment effects, Spain.
Working Paper TerRA n°09

Claudio DETOTTO & Bryan C. MCCANNON (12/09/2017), Consolidation of Prosecutor Offices.
Keywords : crime, Data Envelopment Analysis, district attorney, ef- ficiency, jurisdiction, Propensity Score Matching, prosecution
Working Paper TerRA n°08

Anna BUSSU, Claudio DETOTTO & Laura SERRA (12/09/2017), Does slow and steady win the race ? An Italian case.
Keywords : probit; regular careers; commuter students; residential students; undergraduate.
Working Paper TerRA n°07

Olivier BEAUMAIS & Sauveur GIANNONI (08/06/2017), Insiders vs outsiders in the hotel sector : is it worth entering an official classification system ?
Working Paper TerRA n°06

Sauveur GIANNONI, Olivier BEAUMAIS & Caroline TAFANI (09/05/2017), Foreign buyers, price dispersion and local buyers eviction in bargaining markets.
Working Paper TerRA n°05

Claudio DETOTTO, Marta MELEDDU, Marco VANNINI (09/05/2017), Cultural identity and willingness to protect and preserve art.
Keywords : Cultural heritage; Discrete Choice Experiment; Identity; Mixed Logit.
Working Paper TerRA n°04

Sauveur GIANNONI, Juan M. HERNANDEZ & Jorge PEREZ-RODRIGUEZ (13/04/2017), Market-segment targeting and long-term growth in a tourism-based economy.
Keywords : tourism-led growth, learning-by-doing, market-segment, re- juvenation.
Working Paper TerRA n°03

Claudio DETOTTO, Sauveur GIANNONI & Claire GOAVEC (22/03/2017), Does good governance attract tourists ?
Keywords : GMM, Governance, Panel data, Tourism, WGI
Working Paper TerRA n°02

Olivier BEAUMAIS & Dominique PRUNETTI (12/01/2017), Time for Waste, Waste of Time ? Assessing Heterogeneous Values of Time Spent Recycling Using a Latent-Class Rank-Ordered Logit Approach.
Working Paper TerRA n°01