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Multiscale geographically and temporally weighted regression: exploring the spatiotemporal determinants of housing prices

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Understanding scale effects is important and indispensable for geography studies. However, spatial and spatiotemporal statistical tools for measuring the operational scales of different processes are rather limited. This article extends the popular geographically and temporally weighted regression (GTWR) model to consider operational scale effects by proposing multiscale GTWR (MGTWR), which offers a flexible and scalable framework for identifying and analysing multiscale processes by specifying flexible bandwidths for various covariates. Then, MGTWR is employed to explore spatiotemporal variations and how influential factors are associated with housing prices in Shenzhen. This article attempts to extend GTWR to MGTWR in consideration of scale effects, thereby highlighting the importance of different levels of spatiotemporal heterogeneity. Furthermore, the empirical results of this study can provide valuable policy implications for real estate development in areas where urban planning should address multiscale effects in both temporal and spatial dimensions.
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Keywords: GTWR; Multiscale; bandwidth; housing prices; urban planning

Document Type: Research Article

Affiliations: 1: School of Geographic and Biologic Information, Nanjing University of Posts and Telecommunications, Nanjing, China 2: School of Resource and Environmental Science, Wuhan University, Wuhan, China

Publication date: March 4, 2019

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