Local public expenditures and housing prices

Urban Studies

Volumn 47, Issue 7, 2010, Pages 1501-1512

  García, Jaume ^a   Montolio, Daniel ^b   Raya, Josep Maria ^a  

^a DEPARTMENT OF ECONOMICS AND BUSINESS   (Spain)

^b UNIVERSITY OF BARCELONA   (Spain)

Author keywords

[No Author keywords available]

Indexed keywords

HOMEOWNER; HOUSING MARKET; NUMERICAL MODEL; PRICE DETERMINATION; PUBLIC SPENDING; QUALITY OF LIFE; URBAN AREA;

BARCELONA [CATALONIA]; CATALONIA; SPAIN;

EID: 77952621781     PISSN: 00420980     EISSN: 1360063X     Source Type: Journal    
DOI: 10.1177/0042098009356120     Document Type: Article

References (35)

1. Anderson, T. and Hsiao, C. (1981) Estimation of dynamic models with error components, Journal of the American Statistical Association, 76, pp. 598-606.
2. Anglin, P.M. and Gençay, R. (1996) Semiparametric estimation of a hedonic price function, Journal of Applied Econometrics, 11, pp. 633-648.
3. Bilbao-Terol, C. (2001) El otro exceso de gravamen: un análisis empírico aplicado a las políticas de vivienda directas, Revista de Economía Aplicada, 9, pp. 35-61.
4. Bogart, W.T. and Cromwell, B. (2000) How much is a neighborhood school worth?, Journal of Urban Economics, 47, pp. 280-305.
5. Bover, O. (1993) Un modelo empírico de la evolución de los precios de la vivienda en España (1976-1991), Investigaciones Económicas, 17(1), pp. 65-86.
6. Bover, O. (2005) Efectos de la riqueza inmobiliaria sobre el consumo: resultados a partir de la EFF. Boletín Económico, Banco de España, May.
7. Bowes, D. and Ihlanfeldt, K. (2001) Identifying the impacts of rail transit stations on residential property values, Journal of Urban Economics, 50, pp. 1-25.
8. Bridge, G. (1995) The space for class? On class analysis in the study of gentrification, Transactions of the Institute of British Geographers, NS, 20, pp. 236-247.
9. Brueckner, J.K. (1979) Property values, local public expenditure and economic efficiency, Journal of Public Economics, 11, pp. 223-245.
10. Cheshire, P. and Sheppard, S. (1995) On the price of land and the value of amenities, Economica, 62, pp. 247-267.
11. Downes, T.A. and Zabel, J.E. (2002) The impact of school characteristics on house prices: Chicago 1987-1991, Journal of Urban Economics, 52, pp. 1-25.
12. Garcia, J., Matas, A., Raya, J.M. and Raymond, J.L. (2006) Precios de la vivienda y localización: evidencia empírica para la ciudad de Barcelona, Papeles de Economía Española, 109, pp. 125-139.
13. García-Montalvo, J. (2006) Reconstruyendo la burbuja: expectativas de revalorización de la vivienda en España, Papeles de Economía Española, 109, pp. 44-75.
14. García-Montalvo, J. and Mas, M. (2000) La vivienda y el sector de la construcción en España. Fundación CAM.
15. Gibbons, S. (2004) The costs of urban property crime, Economic Journal, 114(499), pp. F441-F463.
16. Gibbons, S. and Machin, S. (2003) Valuing English primary schools, Journal of Urban Economics, 53(2), pp. 197-219.
17. Goodman, C.A. and Kawai, M. (1982) Permanent income, hedonic prices, and demand for housing: new evidence, Journal of Urban Economics, 12, pp. 214-237.
18. Haider, M. and Miller, E.J. (2000) Effects of transportation infrastructure and location on residential real estate values, Transportation Research Record, 1722, pp. 1-8.
19. Haughwout, A.F. (1997) Central city infrastructure investment and suburban house values, Regional Science and Urban Economics, 27, pp. 199-215.
20. Haurin, D.R. and Brasington, D. (1996) School quality and real house prices: intra- and inter-jurisdictional effects, Journal of Housing Economics, 5, pp. 351-368.
21. Huang, J. and Kerry, V. (1995) Can markets value air quality? A meta-analysis of hedonic property value models, Journal of Political Economy, 3, pp. 209-227.
22. Ihlanfeldt, K.R. and Martínez-Vázquez, J. (1986) Alternative value estimates of owner-occupied housing: evidence on sample selection bias and systematic errors, Journal of Urban Economics, 20, pp. 356-369.
23. Linneman, P. and Voith, R. (1989) Housing price functions and ownership capitalization rates, Journal of Urban Economics, 30, pp. 100-111.
24. López-García, M.A. (1996) Precios de la vivienda e incentivos fiscales a la vivienda en propiedad en España, Revista de Economía Aplicada, 4, pp. 37-74.
25. López-García, M.A. (1999) Efectos de la reforma del IRPF sobre la vivienda, Revista de Economía Aplicada, 7, pp. 95-120.
26. Man, J.Y. and Bell, M.E. (1996) The impact of local sales tax on the value of owner-occupied housing, Journal of Urban Economics, 39, pp. 114-130.
27. Martínez, J. and Maza, L. (2003) Análisis del precio de la vivienda en España. Documento de Trabajo No. 0307, Banco de España.
28. Nickell, S. (1981) Biases in dynamics models with fixed effects, Econometrica, 49, pp. 1417-1426.
29. Oates, W.E. (1969) The effects of property taxes and local public spending on property values: an empirical study of tax capitalization and the Tiebout hypothesis, Journal of Political Economy, 77(6), pp. 957-971.
30. Palmquist, R.B. (1984) Estimating the demand for the characteristics of housing, Review of Economics and Statistics, 66, pp. 394-404.
31. Rodríguez, J. (2006) Los booms inmobiliarios en España: una análisis de los tres periodos, Papeles de Economía Española, 109, pp. 76-90.
32. Taltavull, P. (2006) La oferta de viviendas y el mercado inmobiliario en España, Papeles de Economía Española, 109, pp. 156-179.
33. Trilla, C. (2002) La política de vivienda en una perspectiva Europea comparada. Colección de Estudios Sociales No. 9, Fundación la Caixa.
34. Tse, R.Y.C. (2002) Estimating neighbourhood effects in house prices: towards a new hedonic model approach, Urban Studies, 39(7), pp. 1165-1180.
35. Zabel, J.E. (2004) The demand for housing services, Journal of Housing Economics, 13, pp. 16-35.