Access to Employment and Property Values in Mexico
Location is one of the main characteristics households consider when buying a property or deciding where to live, since it determines accessibility to employment subcenters and public transport stations. Using a geographically-referenced data set o...
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Online Access: | http://documents.worldbank.org/curated/en/322201522158237240/Access-to-employment-and-property-values-in-Mexico http://hdl.handle.net/10986/29563 |
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okr-10986-295632021-06-08T14:42:45Z Access to Employment and Property Values in Mexico Atuesta, Laura H. Ibarra-Olivo, J. Eduardo Lozano-Gracia, Nancy Deichmann, Uwe HOUSING LOCATION SEGREGATION PROPERTY VALUES HOUSING PRICE PUBLIC ACCESSIBILITY PUBLIC TRANSPORTATION TRANSPORT INFRASTRUCTURE AMENITIES NEIGHBORHOOD Location is one of the main characteristics households consider when buying a property or deciding where to live, since it determines accessibility to employment subcenters and public transport stations. Using a geographically-referenced data set on new housing developments, this paper estimates how households value accessibility in Mexico City. The results are shown considering road accessibility to formal employment subcenters (private accessibility) and distance to the main public transport stations in the city (public accessibility). The results suggest that accessibility to employment subcenters is considered an amenity for households, while being closer to a Metro station is perceived as a dis-amenity. Moreover, households located in neighborhoods with a greater proportion of informal workers and lower education levels give a lower value to private accessibility than households located in neighborhoods with a lower proportion of informal workers or in high-educated neighborhoods. These results are evidence of the existence of spatial segregation in the city, where disadvantaged households are segregated not only because of their economic conditions, but also because they are located farther away from employment opportunities. 2018-03-30T19:16:01Z 2018-03-30T19:16:01Z 2018-03 Working Paper http://documents.worldbank.org/curated/en/322201522158237240/Access-to-employment-and-property-values-in-Mexico http://hdl.handle.net/10986/29563 English Policy Research Working Paper;No. 8383 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Latin America & Caribbean Mexico |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
HOUSING LOCATION SEGREGATION PROPERTY VALUES HOUSING PRICE PUBLIC ACCESSIBILITY PUBLIC TRANSPORTATION TRANSPORT INFRASTRUCTURE AMENITIES NEIGHBORHOOD |
spellingShingle |
HOUSING LOCATION SEGREGATION PROPERTY VALUES HOUSING PRICE PUBLIC ACCESSIBILITY PUBLIC TRANSPORTATION TRANSPORT INFRASTRUCTURE AMENITIES NEIGHBORHOOD Atuesta, Laura H. Ibarra-Olivo, J. Eduardo Lozano-Gracia, Nancy Deichmann, Uwe Access to Employment and Property Values in Mexico |
geographic_facet |
Latin America & Caribbean Mexico |
relation |
Policy Research Working Paper;No. 8383 |
description |
Location is one of the main
characteristics households consider when buying a property
or deciding where to live, since it determines accessibility
to employment subcenters and public transport stations.
Using a geographically-referenced data set on new housing
developments, this paper estimates how households value
accessibility in Mexico City. The results are shown
considering road accessibility to formal employment
subcenters (private accessibility) and distance to the main
public transport stations in the city (public
accessibility). The results suggest that accessibility to
employment subcenters is considered an amenity for
households, while being closer to a Metro station is
perceived as a dis-amenity. Moreover, households located in
neighborhoods with a greater proportion of informal workers
and lower education levels give a lower value to private
accessibility than households located in neighborhoods with
a lower proportion of informal workers or in high-educated
neighborhoods. These results are evidence of the existence
of spatial segregation in the city, where disadvantaged
households are segregated not only because of their economic
conditions, but also because they are located farther away
from employment opportunities. |
format |
Working Paper |
author |
Atuesta, Laura H. Ibarra-Olivo, J. Eduardo Lozano-Gracia, Nancy Deichmann, Uwe |
author_facet |
Atuesta, Laura H. Ibarra-Olivo, J. Eduardo Lozano-Gracia, Nancy Deichmann, Uwe |
author_sort |
Atuesta, Laura H. |
title |
Access to Employment and Property Values in Mexico |
title_short |
Access to Employment and Property Values in Mexico |
title_full |
Access to Employment and Property Values in Mexico |
title_fullStr |
Access to Employment and Property Values in Mexico |
title_full_unstemmed |
Access to Employment and Property Values in Mexico |
title_sort |
access to employment and property values in mexico |
publisher |
World Bank, Washington, DC |
publishDate |
2018 |
url |
http://documents.worldbank.org/curated/en/322201522158237240/Access-to-employment-and-property-values-in-Mexico http://hdl.handle.net/10986/29563 |
_version_ |
1764469725964795904 |