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| Home > Articles > Published articles > Real estate prices and land use regulations : |
(Universitat Autònoma de Barcelona. Facultat d'Economia i Empresa)| Date: | 2023 |
| Description: | 9 pàg. |
| Abstract: | Between 2015 and 2017, the Law of Heights (Policy-562) regulated areas of urban renewal in specific locations of Bogotá (Colombia). Using a novel dataset based on detailed information at the block level between 2008 and 2017, we study whether this policy affected real estate prices. Our empirical strategy compares the price per square meter before and after Policy-562 in treated blocks and in control blocks with similar pre-treatment traits. Results show that prices increased more in treated blocks than in the rest of the city. We also provide evidence that results are heterogeneous from a temporal, land use and strata point of view. |
| Grants: | Agencia Estatal de Investigación RTI2018-097401-B-I00 Agencia Estatal de Investigación RTI2018-097434-B-I00 Agencia Estatal de Investigación PID2021-128227OB-I00 Agencia Estatal de Investigación TED2021-132184B-I00 |
| Note: | Altres ajuts: acords transformatius de la UAB |
| Note: | Altres ajuts: Ministerio de Ciencia, Tecnología e Innovación de Colombia ), y COLFUTURO de Colombia (programa credito-beca 2017) |
| Rights: | Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan es reconegui l'autoria de l'obra original.  |
| Language: | Anglès |
| Document: | Article ; recerca ; Versió publicada |
| Subject: | Land regulations ; Real estate prices ; SDG 15 - Life on Land |
| Published in: | Regional science and urban economics, Vol. 101 (2023) , p. 103914, ISSN 1879-2308 |
