Precios hedónicos para valoración de atributos de viviendas sociales en la Región Metropolitana de Santiago
Bernardo Quiroga
MPRA Paper from University Library of Munich, Germany
Abstract:
In this paper, an hedonic pricing model is used to measure non-market attribute valuation in Social Housing Programs in Santiago de Chile. Implicit marginal prices are calculated as first stage Rosen estimates for attributes such as distance to different services, number of rooms of each type, and availability of warm water and connection to the sewage network. Distance implicit prices were calculated as the difference between coefficients of dummy variables which measured different distance levels. Results reveal non-linearity in the value of distances. Also, the number of rooms (especially bathrooms), as well as access to warm water and sewage system were highly valued.
Keywords: hedonic modeling; social housing programs; attribute valuation (search for similar items in EconPapers)
JEL-codes: H42 I38 R21 (search for similar items in EconPapers)
Date: 2005-12
New Economics Papers: this item is included in nep-geo, nep-lam, nep-ppm and nep-ure
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:378
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