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...

Full description

Bibliographic Details
Main Authors: Atuesta, Laura H., Ibarra-Olivo, J. Eduardo, Lozano-Gracia, Nancy, Deichmann, Uwe
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/322201522158237240/Access-to-employment-and-property-values-in-Mexico
http://hdl.handle.net/10986/29563
id okr-10986-29563
recordtype oai_dc
spelling 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