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

Autores
Rabassa, Mariano Javier; Zoloa, Juan Ignacio
Año de publicación
2016
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Fil: Rabassa, Mariano Javier. Pontificia Universidad Católica Argentina. Facultad de Ciencias Económicas; Argentina
Fil: Rabassa, Mariano Javier. Pontificia Universidad Católica Argentina. Facultad de Ciencias Fisicomatemáticas e Ingeniería; Argentina
Fil: Zoloa, Juan Ignacio. Universidad Nacional de La Plata. Departamento de Economía; Argentina
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.
Fuente
Environment and Development Economics. 2016, 21(4)
Materia
RIESGO
PREVENCION DEL DAÑO
INUNDACION
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/4.0/
Repositorio
Repositorio Institucional (UCA)
Institución
Pontificia Universidad Católica Argentina
OAI Identificador
oai:ucacris:123456789/15037
Acceder
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oai_identifier_str oai:ucacris:123456789/15037
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network_name_str Repositorio Institucional (UCA)
spelling Flooding risks and housing markets: a spatial hedonic analysis for La Plata CityRabassa, Mariano JavierZoloa, Juan IgnacioRIESGOPREVENCION DEL DAÑOINUNDACIONFil: Rabassa, Mariano Javier. Pontificia Universidad Católica Argentina. Facultad de Ciencias Económicas; ArgentinaFil: Rabassa, Mariano Javier. Pontificia Universidad Católica Argentina. Facultad de Ciencias Fisicomatemáticas e Ingeniería; ArgentinaFil: Zoloa, Juan Ignacio. Universidad Nacional de La Plata. Departamento de Economía; ArgentinaAbstract: 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.Cambridge University PressBeijer Institute of Ecological Economics2016info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfhttps://repositorio.uca.edu.ar/handle/123456789/150371355-770X1469-4395 (online)10.1017/S1355770X15000376Rabassa, M.J., Zoloa, J.I. Flooding risks and housing markets: a spatial hedonic analysis for La Plata City [en línea]. Environment and Development Economics. 2016, 21(4) doi:10.1017/S1355770X15000376 Disponible en: https://repositorio.uca.edu.ar/handle/123456789/15037Environment and Development Economics. 2016, 21(4)reponame:Repositorio Institucional (UCA)instname:Pontificia Universidad Católica Argentinaenginfo:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/4.0/2025-07-03T10:58:50Zoai:ucacris:123456789/15037instacron:UCAInstitucionalhttps://repositorio.uca.edu.ar/Universidad privadaNo correspondehttps://repositorio.uca.edu.ar/oaiclaudia_fernandez@uca.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:25852025-07-03 10:58:50.261Repositorio Institucional (UCA) - Pontificia Universidad Católica Argentinafalse
dc.title.none.fl_str_mv Flooding risks and housing markets: a spatial hedonic analysis for La Plata City
title Flooding risks and housing markets: a spatial hedonic analysis for La Plata City
spellingShingle Flooding risks and housing markets: a spatial hedonic analysis for La Plata City
Rabassa, Mariano Javier
RIESGO
PREVENCION DEL DAÑO
INUNDACION
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
dc.creator.none.fl_str_mv Rabassa, Mariano Javier
Zoloa, Juan Ignacio
author Rabassa, Mariano Javier
author_facet Rabassa, Mariano Javier
Zoloa, Juan Ignacio
author_role author
author2 Zoloa, Juan Ignacio
author2_role author
dc.subject.none.fl_str_mv RIESGO
PREVENCION DEL DAÑO
INUNDACION
topic RIESGO
PREVENCION DEL DAÑO
INUNDACION
dc.description.none.fl_txt_mv Fil: Rabassa, Mariano Javier. Pontificia Universidad Católica Argentina. Facultad de Ciencias Económicas; Argentina
Fil: Rabassa, Mariano Javier. Pontificia Universidad Católica Argentina. Facultad de Ciencias Fisicomatemáticas e Ingeniería; Argentina
Fil: Zoloa, Juan Ignacio. Universidad Nacional de La Plata. Departamento de Economía; Argentina
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.
description Fil: Rabassa, Mariano Javier. Pontificia Universidad Católica Argentina. Facultad de Ciencias Económicas; Argentina
publishDate 2016
dc.date.none.fl_str_mv 2016
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://repositorio.uca.edu.ar/handle/123456789/15037
1355-770X
1469-4395 (online)
10.1017/S1355770X15000376
Rabassa, M.J., Zoloa, J.I. Flooding risks and housing markets: a spatial hedonic analysis for La Plata City [en línea]. Environment and Development Economics. 2016, 21(4) doi:10.1017/S1355770X15000376 Disponible en: https://repositorio.uca.edu.ar/handle/123456789/15037
url https://repositorio.uca.edu.ar/handle/123456789/15037
identifier_str_mv 1355-770X
1469-4395 (online)
10.1017/S1355770X15000376
Rabassa, M.J., Zoloa, J.I. Flooding risks and housing markets: a spatial hedonic analysis for La Plata City [en línea]. Environment and Development Economics. 2016, 21(4) doi:10.1017/S1355770X15000376 Disponible en: https://repositorio.uca.edu.ar/handle/123456789/15037
dc.language.none.fl_str_mv eng
language eng
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/4.0/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/4.0/
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Cambridge University Press
Beijer Institute of Ecological Economics
publisher.none.fl_str_mv Cambridge University Press
Beijer Institute of Ecological Economics
dc.source.none.fl_str_mv Environment and Development Economics. 2016, 21(4)
reponame:Repositorio Institucional (UCA)
instname:Pontificia Universidad Católica Argentina
reponame_str Repositorio Institucional (UCA)
collection Repositorio Institucional (UCA)
instname_str Pontificia Universidad Católica Argentina
repository.name.fl_str_mv Repositorio Institucional (UCA) - Pontificia Universidad Católica Argentina
repository.mail.fl_str_mv claudia_fernandez@uca.edu.ar
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score 13.069144

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