Una propuesta de medición de daño del delito y su impacto sobre los precios de Airbnb en la Ciudad de Buenos Aires

Alejandro Norton and Marcos Herrera-Gómez
Additional contact information
Alejandro Norton: UNCuyo

No 24, Working Papers from Instituto de Estudios Laborales y del Desarrollo Económico (IELDE) - Universidad Nacional de Salta - Facultad de Ciencias Económicas, Jurídicas y Sociales

Abstract: Using information from Airbnb accommodations in the City of Buenos Aires, this work analyses the relationship between criminal activities and rental prices. The work proposes a hedonic model that allows estimating the impact of the crime harm index, controlling for other factors (accommodation characteristics and contextual variables). The main contributions of the work can be summarized in three points. First, geographic information is used to construct an indicator of crime damage that weights the types of crimes with respect to the damage produced by them. Second, the study acknowledges the problem of crime endogeneity and provides robust evidence on the impact of crime on Airbnb prices. Third, the main model includes a correction for endogenous spatial dependence on prices and for spatial heteroskedasticity in the error term. Our results indicate that Airbnb prices are negatively affected by criminal activity in the neighbourhood.

Keywords: Airbnb Prices; Crime Harm Index; Spatial Hedonic Model. (search for similar items in EconPapers)
JEL-codes: C21 R32 Z30 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2020-08
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.economicas.unsa.edu.ar/ielde/archivos/docTrabajo/WPIelde_Nro%2024.pdf (application/pdf)

Related works:
Working Paper: Una propuesta de medición de daño del delito y su impacto sobre los precios de Airbnb en la Ciudad de Buenos Aires (2020)
Working Paper: Una propuesta de medición de daño del delito y su impacto sobre los precios de Airbnb en la Ciudad de Buenos Aires (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:slt:wpaper:24

Access Statistics for this paper

More papers in Working Papers from Instituto de Estudios Laborales y del Desarrollo Económico (IELDE) - Universidad Nacional de Salta - Facultad de Ciencias Económicas, Jurídicas y Sociales Contact information at EDIRC.
Bibliographic data for series maintained by Ing. Miguel A. Soto López (redeco@unsa.edu.ar).