Flooding risks and housing markets: a spatial hedonic analysis for La Plata City

Abstract: On 2 April 2013 a major flood struck the City of La Plata, Argentina, killing 89 people and displacing thousands of others. That event, the worst flood the city has suffered in the past 100 years, prompted plans for a new hydraulic infrastructure. Although such an investment is necessary,...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Rabassa, Mariano Javier, Zoloa, Juan Ignacio
Formato: Artículo
Lenguaje:Inglés
Publicado: Cambridge University Press 2022
Materias:
Acceso en línea:https://repositorio.uca.edu.ar/handle/123456789/15037
Aporte de:
id I33-R139-123456789-15037
record_format dspace
institution Universidad Católica Argentina
institution_str I-33
repository_str R-139
collection Repositorio Institucional de la Universidad Católica Argentina (UCA)
language Inglés
topic RIESGO
PREVENCION DEL DAÑO
INUNDACION
spellingShingle RIESGO
PREVENCION DEL DAÑO
INUNDACION
Rabassa, Mariano Javier
Zoloa, Juan Ignacio
Flooding risks and housing markets: a spatial hedonic analysis for La Plata City
topic_facet RIESGO
PREVENCION DEL DAÑO
INUNDACION
description Abstract: On 2 April 2013 a major flood struck the City of La Plata, Argentina, killing 89 people and displacing thousands of others. That event, the worst flood the city has suffered in the past 100 years, prompted plans for a new hydraulic infrastructure. Although such an investment is necessary, little is known about its benefits. This paper intends to shed some light on this issue by estimating the willingness to pay to avoid the risk of experiencing a flooding event. For this purpose, we have taken thousands of real estate prices in the La Plata Metropolitan Area and combined them with a high-resolution flood risks map to estimate spatial hedonic price models. The results show significant price discounting for properties in flood-prone areas.
format Artículo
author Rabassa, Mariano Javier
Zoloa, Juan Ignacio
author_facet Rabassa, Mariano Javier
Zoloa, Juan Ignacio
author_sort Rabassa, Mariano Javier
title Flooding risks and housing markets: a spatial hedonic analysis for La Plata City
title_short Flooding risks and housing markets: a spatial hedonic analysis for La Plata City
title_full Flooding risks and housing markets: a spatial hedonic analysis for La Plata City
title_fullStr Flooding risks and housing markets: a spatial hedonic analysis for La Plata City
title_full_unstemmed Flooding risks and housing markets: a spatial hedonic analysis for La Plata City
title_sort flooding risks and housing markets: a spatial hedonic analysis for la plata city
publisher Cambridge University Press
publishDate 2022
url https://repositorio.uca.edu.ar/handle/123456789/15037
work_keys_str_mv AT rabassamarianojavier floodingrisksandhousingmarketsaspatialhedonicanalysisforlaplatacity
AT zoloajuanignacio floodingrisksandhousingmarketsaspatialhedonicanalysisforlaplatacity
bdutipo_str Repositorios
_version_ 1764820524084494338