Una propuesta metodológica para estimar los cambios sobre el valor de la propiedad: estudio de caso para Bogotá aplicando Propensity Score Matching y Precios Hedónicos Espaciales

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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Alternative title:	A Propensity Score Matching and Spatial Hedonic Prices Approach for Estimating Property Value Fluctuations in Bogotá
Year of publication:	2010-10
Authors:	Andres, Jorge ; Calvo, Perdomo ; Andres, Jorge ; Calvo, Perdomo
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Impact evaluation \| Propensity Score Matching \| Spatial Hedonic Prices \| property value fluctuations \| TransMilenio

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Notes:	Published in Lecturas de Economia 73.1(2010): pp. 51-65
Classification:	C52 - Model Evaluation and Testing ; L92 - Railroads and Other Surface Transportation: Autos, Buses, Trucks and Water Carriers ; C14 - Semiparametric and Nonparametric Methods ; C25 - Discrete Regression and Qualitative Choice Models ; R11 - Regional Economic Activity: Growth, Development, and Changes
Source:	RePEc - Research Papers in Economics

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