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作者

来源

EURE-REVISTA LATINOAMERICANA DE ESTUDIOS URBANO REGIONALES,Vol.44,Issue133,P.5-28

语言

英文

关键字

land market; networks; urban economy

作者单位

[Ronconi, Lucas] CIAS, Buenos Aires, DF, Argentina. [Ronconi, Lucas] Consejo Nacl Invest Cient & Tecn, Buenos Aires, DF, Argentina. [Casazza, Juan] Subsecretaria Social Tierras Urbanismo & Vivienda, Buenos Aires, DF, Argentina. [Reese, Eduardo] Univ Nacl Gen Sarmiento, Buenos Aires, DF, Argentina. Ronconi, L (reprint author), CIAS, Buenos Aires, DF, Argentina.; Ronconi, L (reprint author), Consejo Nacl Invest Cient & Tecn, Buenos Aires, DF, Argentina. E-Mail: lucas.ronconi@cias.org.ar; juanyc.35@yahoo.com.ar; ereese31@gmail.com

摘要

In this article, the authors estimate the effect of investment on infrastructure (i.e., sewerage, gas provision, paved streets and electricity) on the price of land using a sample of almost 600 lots located in Greater Buenos Aires (GBA). The estimates suggest that effects are positive and larger than the cost of construction, particularly among the lots with the best locations. We also explore the robustness of the results to omitted variable bias. These results suggest that betterment levies, which are seldom used in GBA, could become an effective financial tool in some cases.