A Propensity Score Matching and Spatial Hedonic Prices Approach for Estimating Property Value Fluctuations in Bogotá

The aim of this study is to analyze and compare the results from Propensity Score Matching (PSM) and Spatial Hedonic Prices (SHP) methodologies estimating value fluctuations on residential proprieties in Bogotá (Colombia). Specifically, this study examines value fluctuations on residential properties nearby stations of the Bus Rapid Transit (BRT) system—Transmilenio—. The PSM and SHP approaches suggest additional value increases for residential properties close to BRT stations.

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Year of publication:	2010
Authors:	Perdomo, Jorge Andrés
Published in:	Lecturas de Economía. - Departamento de Economía, ISSN 0120-2596. - 2010, 73, p. 49-65
Publisher:	Departamento de Economía
Subject:	Impact evaluation \| Propensity Score Matching \| Spatial Hedonic Prices \| property value fluctuations \| TransMilenio

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Extent:	application/pdf
Type of publication:	Article
Language:	Spanish
Classification:	L92 - Railroads and Other Surface Transportation: Autos, Buses, Trucks and Water Carriers ; R11 - Regional Economic Activity: Growth, Development, and Changes ; C14 - Semiparametric and Nonparametric Methods ; C25 - Discrete Regression and Qualitative Choice Models ; C52 - Model Evaluation and Testing
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008852459