Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques

This study estimates the property value uplift of one of the first Bus Rapid Transit (BRT) in Buenos Aires, Argentina. Data comes from two real estate internet sites for neighborhoods surrounding the BRT. The empirical methodology is innovative since it combines traditional spatial hedonic pricing w...

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Detalles Bibliográficos
Autores principales: Conte Grand, Mariana, D'Elia, Vanesa, León, Sonia
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2018
Materias:
Ciencias Económicas
bus rapid transit
Buenos Aires
Argentina
property value uplift
hedonic pricing
spatial econometrics
propensity score matching
propensity score weighting
trimmed estimations
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/165016
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-165016
record_format dspace
spelling I19-R120-10915-1650162024-04-18T20:01:49Z http://sedici.unlp.edu.ar/handle/10915/165016 Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques Conte Grand, Mariana D'Elia, Vanesa León, Sonia 2018-11 2018 2024-04-18T16:37:29Z en Ciencias Económicas bus rapid transit Buenos Aires Argentina property value uplift hedonic pricing spatial econometrics propensity score matching propensity score weighting trimmed estimations This study estimates the property value uplift of one of the first Bus Rapid Transit (BRT) in Buenos Aires, Argentina. Data comes from two real estate internet sites for neighborhoods surrounding the BRT. The empirical methodology is innovative since it combines traditional spatial hedonic pricing with matching and weighted regressions, using propensity score estimates. Robustness checks are based on trimmed samples. BRT has a non significant impact on property prices, which can be attributed to the fact that this BRT lies on a traditional corridor and people that come downtown for work are those that use it most. Facultad de Ciencias Económicas Objeto de conferencia Objeto de conferencia http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
bus rapid transit
Buenos Aires
Argentina
property value uplift
hedonic pricing
spatial econometrics
propensity score matching
propensity score weighting
trimmed estimations
spellingShingle Ciencias Económicas
bus rapid transit
Buenos Aires
Argentina
property value uplift
hedonic pricing
spatial econometrics
propensity score matching
propensity score weighting
trimmed estimations
Conte Grand, Mariana
D'Elia, Vanesa
León, Sonia
Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
topic_facet Ciencias Económicas
bus rapid transit
Buenos Aires
Argentina
property value uplift
hedonic pricing
spatial econometrics
propensity score matching
propensity score weighting
trimmed estimations
description This study estimates the property value uplift of one of the first Bus Rapid Transit (BRT) in Buenos Aires, Argentina. Data comes from two real estate internet sites for neighborhoods surrounding the BRT. The empirical methodology is innovative since it combines traditional spatial hedonic pricing with matching and weighted regressions, using propensity score estimates. Robustness checks are based on trimmed samples. BRT has a non significant impact on property prices, which can be attributed to the fact that this BRT lies on a traditional corridor and people that come downtown for work are those that use it most.
format Objeto de conferencia
Objeto de conferencia
author Conte Grand, Mariana
D'Elia, Vanesa
León, Sonia
author_facet Conte Grand, Mariana
D'Elia, Vanesa
León, Sonia
author_sort Conte Grand, Mariana
title Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
title_short Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
title_full Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
title_fullStr Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
title_full_unstemmed Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
title_sort bus rapid transit and property values in buenos aires: combined spatial hedonic pricing and propensity score techniques
publishDate 2018
url http://sedici.unlp.edu.ar/handle/10915/165016
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AT deliavanesa busrapidtransitandpropertyvaluesinbuenosairescombinedspatialhedonicpricingandpropensityscoretechniques
AT leonsonia busrapidtransitandpropertyvaluesinbuenosairescombinedspatialhedonicpricingandpropensityscoretechniques
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