Kindergarten Proximity and the Housing Market Price in Italy
Angela Stefania Bergantino (),
Antonella Biscione (),
Annunziata de Felice (),
Francesco Porcelli () and
Riccardo Zagaria ()
Additional contact information
Angela Stefania Bergantino: Department of Economics, Management and Business Law, University of Bari Aldo Moro
Antonella Biscione: Department of Bioeconomic Strategies in the European Union and in the Balkans CESPIC, Catholic University Our Lady of Good Counsel
Annunziata de Felice: Department of Law, University of Bari Aldo Moro
Francesco Porcelli: Department of Law, University of Bari Aldo Moro
Riccardo Zagaria: Italian National Institute of Social Security
No 1012, Working Papers from European Centre of Peace Science, Integration and Cooperation (CESPIC), Catholic University 'Our Lady of Good Counsel'
This paper investigates the impact of kindergarten proximity on housing market prices in the eleven major Italian Municipalities over the period 2004-2017. For this purpose, we employ a hedonic property price model. We also differentiate the impact of kindergarten proximity on houses' market price between state and non-state premises. The findings highlight that (i) the level of housing price depends on kindergarten proximity; (ii) some quality school characteristics played a crucial role and (iii) the distinction between public and non-state kindergartens shows that the vicinity of the latter generates a more significant capitalization effect.
Keywords: house value; kindergarten; neighborhood; capitalization (search for similar items in EconPapers)
JEL-codes: I22 R3 (search for similar items in EconPapers)
Pages: 26 pages
New Economics Papers: this item is included in nep-eur and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://repec.unizkm.edu.al/pea/wpaper/WP2021_03_BERGANTINO.pdf First version, 2021 (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pea:wpaper:1012
Access Statistics for this paper
More papers in Working Papers from European Centre of Peace Science, Integration and Cooperation (CESPIC), Catholic University 'Our Lady of Good Counsel' Contact information at EDIRC.
Bibliographic data for series maintained by Raul Caruso ().