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

Document type: Objeto de conferencia

Abstract

This study examines the impact of flood-hazards on residential land prices. The study use data from undeveloped parcels of land for sale during 2004 in La Plata, Argentina. A spatial hedonic model is developed to provide efficient estimates of the marginal effect of being located on a foodprone area on property prices. Results suggest significant property price discounting. The price of a parcel of land situated within a food-prone area is about 17.3 percent lower than an equivalent property outside those areas.

General information

Exposure date: noviembre 2013
Issue date: 2013
Document language: English
Event: XLVIII Reunión Anual de la Asociación Argentina de Economía Política (Rosario, 13 al 15 de noviembre de 2013)
Origin: Facultad de Ciencias Económicas
Others identifiers: Clasificación JEL: C21, Q5
ISSN: 1852-0022
ISBN: 978-987-28590-1-5

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Created: 28 de agosto de 2024
Available since: 28 de agosto de 2024
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  • http://sedici.unlp.edu.ar/handle/10915/169236

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    Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) Except where otherwise noted, this item's license is described as Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)