Housing prices, buses and trams in Medellín (Colombia)

IF 4.6 3区工程技术 Q1 ECONOMICS

Research in Transportation Economics Pub Date : 2024-07-31 DOI:10.1016/j.retrec.2024.101464

Miquel-Àngel Garcia-López , Luz Yadira Gómez-Hernández

引用次数: 0

Abstract

This paper aims to establish the impact of two medium-capacity transportation systems (MCTS) on housing prices in Medellín (Colombia): Metroplús, a bus rapid transit (BRT) system, and Tranvía, a tramway system. Using repeated cross-sectional data from the Medellín Quality of Life Survey from 2008 to 2018 and difference-in-differences estimators, we find that Metroplús has a negative impact on the growth of rental prices, whereas Tranvía has a positive impact. We do not find any effect on several other outcomes, such as the perception of quality and coverage of the public transportation in the neighborhoods they serve, and the number of private vehicles in the household.

查看原文本刊更多论文

麦德林的房价、公共汽车和有轨电车（哥伦比亚）

本文旨在确定两个中等运量交通系统（MCTS）对麦德林（哥伦比亚）房价的影响：Metroplús（快速公交系统）和Tranvía（有轨电车系统）。利用 2008 年至 2018 年麦德林生活质量调查的重复横截面数据和差分估计方法，我们发现 Metroplús 对租金价格的增长有负面影响，而 Tranvía 则有正面影响。我们没有发现对其他几项结果有任何影响，如对公共交通质量的感知、公共交通在所服务社区的覆盖率以及家庭中私家车的数量。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Research in Transportation Economics Multiple-

CiteScore

8.40

自引率

2.60%

发文量

审稿时长

60 days

期刊介绍： Research in Transportation Economics is a journal devoted to the dissemination of high quality economics research in the field of transportation. The content covers a wide variety of topics relating to the economics aspects of transportation, government regulatory policies regarding transportation, and issues of concern to transportation industry planners. The unifying theme throughout the papers is the application of economic theory and/or applied economic methodologies to transportation questions.