A methodological proposal to estimate changes of residential property value: case study developed in Bogota

This article is an empirical study of residential land values in the vicinity of the TransMilenio system (Bus Rapid Transit, BRT) in Bogota´ (Colombia). The results have been established through impact evaluation by means of nonparameteric approaches (Propensity Score Matching, PSM) and econometric approaches (Spatial Hedonic Price, SHP) indicating that access to the BRT system generates benefits on the change of property value.

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Year of publication:	2011-03
Authors:	Jorge Andres, Perdomo Calvo

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Jorge Andres, Perdomo Calvo and Jorge Andres, Perdomo Calvo (2011): A methodological proposal to estimate changes of residential property value: case study developed in Bogota. Published in: Applied Economics Letters , Vol. 16, No. 18 (11 August 2011): pp. 1577-1581.
Classification:	L92 - Railroads and Other Surface Transportation: Autos, Buses, Trucks and Water Carriers ; C14 - Semiparametric and Nonparametric Methods ; C52 - Model Evaluation and Testing ; C25 - Discrete Regression and Qualitative Choice Models ; R11 - Regional Economic Activity: Growth, Development, and Changes
Source:	BASE

Persistent link: https://www.econbiz.de/10015230945