期刊
APPLIED ECONOMICS LETTERS
卷 18, 期 16, 页码 1577-1581出版社
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/13504851.2011.554360
关键词
TransMilenio; Bogota; impact evaluation; propensity score matching; spatial hedonic price; change of property value
类别
This article is an empirical study of residential land values in the vicinity of the TransMilenio system (Bus Rapid Transit, BRT) in Bogota (Colombia). The results have been established through impact evaluation by means of nonparameteric approaches (Propensity Score Matching, PSM) and econometric approaches (Spatial Hedonic Price, SHP) indicating that access to the BRT system generates benefits on the change of property value.
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