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dc.coverage.spatialMedellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degreeseng
dc.coverage.spatialMedellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degreeseng
dc.date.available2013-08-27T20:37:43Z
dc.date.issued2013-08-27
dc.identifier.urihttp://hdl.handle.net/10784/1067
dc.descriptionThis study identifies how community attributes affect household residential location decisions in Medellin, Colombia. The empirical model applies the revealed preference principle: each household is assumed to have made an optimal location decision given a set of alternatives. Using household data, we estimate a conditional logit choice model for residential communities by controlling for both individual and neighborhood characteristics, including environmental attributes. The set of alternatives for each household are defined using the applicable neighborhood’s socioeconomic and geographic characteristics. The results provide an estimate of household preferences for the many characteristics of the potential choices in the choice set. In the case of Medellin, we found positive and significant preferences for public provided goods such as public schools and security but relatively low preferences for recreational and cultural spaces; households prefer that the latter be provided by the private sector.eng
dc.language.isoengeng
dc.publisherUniversidad EAFITspa
dc.titleThe Importance of Community Attributes in Household Residential Location Decisionseng
dc.typeinfo:eu-repo/semantics/workingPaper
dc.typeworkingPapereng
dc.rights.accessrightsinfo:eu-repo/semantics/openAccesseng
dc.publisher.departmentEscuela de Economía y Finanzasspa
dc.type.localDocumento de trabajo de investigaciónspa
dc.subject.keywordHousing Demandeng
dc.subject.keywordEnvironmental Economicseng
dc.subject.keywordNeighborhood Characteristicseng
dc.rights.localAcceso abiertospa
dc.date.accessioned2013-08-27T20:37:43Z
dc.type.hasVersiondrafteng
dc.identifier.jelR21; R23; Q50
dc.contributor.authorOspina, Monicaspa
dc.contributor.authorSantiago, Bohórquezspa
dc.contributor.authorAndrea, Sernaspa
dc.contributor.authorLaura, Castañedaspa


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