dc.contributor.author | Gonzalez-Navarro, M | |
dc.contributor.author | Quintana-Domeque, C | |
dc.date.accessioned | 2019-03-12T13:23:14Z | |
dc.date.issued | 2016-04-21 | |
dc.description.abstract | We provide the first experimental estimation of the effects of the supply of publicly financed urban infrastructure on property values. Using random allocation of first-time street asphalting of residential streets located in peripheral neighborhoods in Mexico, we show that within two years of the intervention, households are able to transform their increased property wealth into significantly larger rates of vehicle ownership, household appliances, and home improvements. Increased consumption is made possible by both credit use and less saving. A cost-benefit analysis indicates that the valuation of street asphalting as capitalized into property values is about as large as construction costs. | en_GB |
dc.description.sponsorship | Princeton University | en_GB |
dc.description.sponsorship | Princeton Woodrow Wilson Scholars | en_GB |
dc.description.sponsorship | Princeton Industrial Relations Section | en_GB |
dc.description.sponsorship | Princeton Research Program in Development Studies | en_GB |
dc.description.sponsorship | Robert Wood Johnson Scholars in Health Policy Research Program | en_GB |
dc.description.sponsorship | Berkeley Economics | en_GB |
dc.description.sponsorship | Universitat d’Alacant | en_GB |
dc.description.sponsorship | Lincoln Institute of Land Policy | en_GB |
dc.description.sponsorship | Spanish Ministry of Science and Innovation | en_GB |
dc.identifier.citation | Vol. 98 (2), pp. 254 - 267 | en_GB |
dc.identifier.doi | 10.1162/REST_a_00553 | |
dc.identifier.grantnumber | ECO2011- 29751 | en_GB |
dc.identifier.uri | http://hdl.handle.net/10871/36414 | |
dc.language.iso | en | en_GB |
dc.publisher | Massachusetts Institute of Technology Press (MIT Press) / Harvard University, Kennedy School of Government | en_GB |
dc.rights | © 2016 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology. | en_GB |
dc.title | Paving streets for the poor: Experimental analysis of infrastructure effects | en_GB |
dc.type | Article | en_GB |
dc.date.available | 2019-03-12T13:23:14Z | |
dc.identifier.issn | 0034-6535 | |
dc.description | This is the final version. Available from MIT Press via the DOI in this record | en_GB |
dc.identifier.journal | Review of Economics and Statistics | en_GB |
dc.rights.uri | http://www.rioxx.net/licenses/all-rights-reserved | en_GB |
dcterms.dateAccepted | 2015-06-15 | |
rioxxterms.version | VoR | en_GB |
rioxxterms.licenseref.startdate | 2015-06-15 | |
rioxxterms.type | Journal Article/Review | en_GB |
refterms.dateFCD | 2019-03-12T13:17:56Z | |
refterms.versionFCD | VoR | |
refterms.dateFOA | 2019-03-12T13:23:19Z | |
refterms.panel | C | en_GB |