Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques

Autores
Conte Grand, Mariana; D'Elia, Vanesa; León, Sonia
Año de publicación
2018
Idioma
inglés
Tipo de recurso
documento de conferencia
Estado
versión publicada
Descripción
This study estimates the property value uplift of one of the first Bus Rapid Transit (BRT) in Buenos Aires, Argentina. Data comes from two real estate internet sites for neighborhoods surrounding the BRT. The empirical methodology is innovative since it combines traditional spatial hedonic pricing with matching and weighted regressions, using propensity score estimates. Robustness checks are based on trimmed samples. BRT has a non significant impact on property prices, which can be attributed to the fact that this BRT lies on a traditional corridor and people that come downtown for work are those that use it most.
Facultad de Ciencias Económicas
Materia
Ciencias Económicas
bus rapid transit
Buenos Aires
Argentina
property value uplift
hedonic pricing
spatial econometrics
propensity score matching
propensity score weighting
trimmed estimations
Nivel de accesibilidad
acceso abierto
Condiciones de uso
http://creativecommons.org/licenses/by-nc-sa/4.0/
Repositorio
SEDICI (UNLP)
Institución
Universidad Nacional de La Plata
OAI Identificador
oai:sedici.unlp.edu.ar:10915/165016

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spelling Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniquesConte Grand, MarianaD'Elia, VanesaLeón, SoniaCiencias Económicasbus rapid transitBuenos AiresArgentinaproperty value uplifthedonic pricingspatial econometricspropensity score matchingpropensity score weightingtrimmed estimationsThis study estimates the property value uplift of one of the first Bus Rapid Transit (BRT) in Buenos Aires, Argentina. Data comes from two real estate internet sites for neighborhoods surrounding the BRT. The empirical methodology is innovative since it combines traditional spatial hedonic pricing with matching and weighted regressions, using propensity score estimates. Robustness checks are based on trimmed samples. BRT has a non significant impact on property prices, which can be attributed to the fact that this BRT lies on a traditional corridor and people that come downtown for work are those that use it most.Facultad de Ciencias Económicas2018-11info:eu-repo/semantics/conferenceObjectinfo:eu-repo/semantics/publishedVersionObjeto de conferenciahttp://purl.org/coar/resource_type/c_5794info:ar-repo/semantics/documentoDeConferenciaapplication/pdfhttp://sedici.unlp.edu.ar/handle/10915/165016enginfo:eu-repo/semantics/altIdentifier/isbn/978-987-28590-6-0info:eu-repo/semantics/altIdentifier/url/https://bd.aaep.org.ar/anales/works/works2018/delia.pdfinfo:eu-repo/semantics/altIdentifier/issn/1852-0022info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by-nc-sa/4.0/Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)reponame:SEDICI (UNLP)instname:Universidad Nacional de La Platainstacron:UNLP2025-10-15T11:35:21Zoai:sedici.unlp.edu.ar:10915/165016Institucionalhttp://sedici.unlp.edu.ar/Universidad públicaNo correspondehttp://sedici.unlp.edu.ar/oai/snrdalira@sedici.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13292025-10-15 11:35:21.631SEDICI (UNLP) - Universidad Nacional de La Platafalse
dc.title.none.fl_str_mv Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
title Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
spellingShingle Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
Conte Grand, Mariana
Ciencias Económicas
bus rapid transit
Buenos Aires
Argentina
property value uplift
hedonic pricing
spatial econometrics
propensity score matching
propensity score weighting
trimmed estimations
title_short Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
title_full Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
title_fullStr Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
title_full_unstemmed Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
title_sort Bus Rapid Transit and Property Values in Buenos Aires: combined spatial hedonic pricing and propensity score techniques
dc.creator.none.fl_str_mv Conte Grand, Mariana
D'Elia, Vanesa
León, Sonia
author Conte Grand, Mariana
author_facet Conte Grand, Mariana
D'Elia, Vanesa
León, Sonia
author_role author
author2 D'Elia, Vanesa
León, Sonia
author2_role author
author
dc.subject.none.fl_str_mv Ciencias Económicas
bus rapid transit
Buenos Aires
Argentina
property value uplift
hedonic pricing
spatial econometrics
propensity score matching
propensity score weighting
trimmed estimations
topic Ciencias Económicas
bus rapid transit
Buenos Aires
Argentina
property value uplift
hedonic pricing
spatial econometrics
propensity score matching
propensity score weighting
trimmed estimations
dc.description.none.fl_txt_mv This study estimates the property value uplift of one of the first Bus Rapid Transit (BRT) in Buenos Aires, Argentina. Data comes from two real estate internet sites for neighborhoods surrounding the BRT. The empirical methodology is innovative since it combines traditional spatial hedonic pricing with matching and weighted regressions, using propensity score estimates. Robustness checks are based on trimmed samples. BRT has a non significant impact on property prices, which can be attributed to the fact that this BRT lies on a traditional corridor and people that come downtown for work are those that use it most.
Facultad de Ciencias Económicas
description This study estimates the property value uplift of one of the first Bus Rapid Transit (BRT) in Buenos Aires, Argentina. Data comes from two real estate internet sites for neighborhoods surrounding the BRT. The empirical methodology is innovative since it combines traditional spatial hedonic pricing with matching and weighted regressions, using propensity score estimates. Robustness checks are based on trimmed samples. BRT has a non significant impact on property prices, which can be attributed to the fact that this BRT lies on a traditional corridor and people that come downtown for work are those that use it most.
publishDate 2018
dc.date.none.fl_str_mv 2018-11
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info:eu-repo/semantics/altIdentifier/issn/1852-0022
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Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)
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