ESTIMACIONES DEL IMPACTO DEL LÍMITE DE CRECIMIENTO (ANILLO DE CONTENCIÓN) SOBRE LOS VALORES DEL SUELO EN EL NORTE DE HEREDIA, 1997-2007

Rosendo Pujol M., Eduardo Pérez M. and Leonardo Sánchez H.

Revista de Ciencias Económicas, 2022, vol. 31, issue 2

Abstract: 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 estimatedthe differential in land value attributable to the impact of the regulation on the growthlimit for the 1997-2007 periods. This effect is manifested by a change in the slope of theprice gradient, indicating that the highest and the best use in the absence of regulation hasbeen restricted - which means that the regulation has been successful in reducing the levelof urban development in the protection zone.

Keywords: 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 (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2022
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