Examinando por Materia "URBANISMO - MEDELLÍN (ANTIOQUIA, COLOMBIA)"

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    Densificación urbana y recaudo predial : análisis del potencial fiscal del desarrollo de los planes parciales del centro de Medellín
    (Universidad EAFIT, 2025) Rodríguez Martínez, David; Sánchez Saldarriaga, Andrés
    Underutilized urban centers represent both a challenge and an opportunity for the fiscal sustainability of cities. This article examines how urban development driven by partial renewal plans can significantly expand the property tax base in Medellín. Using geospatial data from 413 urban blocks within 12 partial plans adopted since 2015, the study estimates the potential change in property tax revenues under full occupancy scenarios, as defined by current urban regulations, and analyzes the conditions that generate heterogeneous changes across blocks. To address potential endogeneity arising from the spatial allocation of public infrastructure, a Two-Stage Least Squares (2SLS) strategy is implemented, using current proximity to public facilities and mass transit infrastructure as instrumental variables. The results indicate that building potential and future access to community amenities are positively associated with projected increases in property tax revenues, while higher current residential density tends to constrain such growth. In some zones, full normative development could increase current tax revenue by a factor of 3.6 to 8. The study concludes that an effective integration of urban planning instruments and fiscal policies can transform underutilized central areas into dense, equitable, and fiscally sustainable urban cores.