Estimates of the impact of the growth limit (urban containment boundary) on land values in northern Heredia, 1997–2007

 

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Autori: Pujol M., Rosendo, Pérez M., Eduardo, Sánchez-Hernández, José Leonardo
Status:Versión publicada
Data di pubblicazione:2013
Descrizione:This paper seeks to quantify the causal impact of the growth boundary in northern Heredia. Using the gradient of prices and a model of difference-in differences, we estimated the differential in land value attributable to the impact of the regulation on the growth limit for the 1997-2007 periods. This effect is manifested by a change in the slope of the price gradient, indicating that the highest and the best use in the absence of regulation has been restricted - which means that the regulation has been successful in reducing the level of urban development in the protection zone.
Stato:Portal de Revistas UCR
Istituzione:Universidad de Costa Rica
Repositorio:Portal de Revistas UCR
Lingua:Español
OAI Identifier:oai:portal.revistas.ucr.ac.cr:article/6774
Accesso online:https://revistas.ucr.ac.cr/index.php/reconomicas/article/view/6774
Keyword:Spatial econometrics
Urban growth
Land value
Hedonic price
Model of difference-in-differences
Econometría espacial
Crecimiento urbano
Valor del suelo
Precios hedónicos
Modelos de diferencia en diferencias