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.

MoreLess

Year of publication:	2011
Authors:	Perdomo, Jorge
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 18.2011, 16, p. 1577-1581
Publisher:	Taylor & Francis Journals
Subject:	TransMilenio \| Bogota \| impact evaluation \| propensity score matching \| spatial hedonic price \| change of property value

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009277493