The effects of land-use regulation on local real estate market: empirical evidence from Brazil

Detalhes bibliográficos
Ano de defesa: 2016
Autor(a) principal: DANTAS, Raissa Numeriano Dubourcq
Orientador(a): SAMPAIO, Breno
Banca de defesa: Não Informado pela instituição
Tipo de documento: Dissertação
Tipo de acesso: Acesso aberto
Idioma: por
Instituição de defesa: Universidade Federal de Pernambuco
Programa de Pós-Graduação: Programa de Pos Graduacao em Economia
Departamento: Não Informado pela instituição
País: Brasil
Palavras-chave em Português:
Mercado imobiliário
Bens imóveis – Preços
Solo urbano - uso
Solo – Uso – Planejamento
Link de acesso: https://repositorio.ufpe.br/handle/123456789/22088
Resumo: This paper aims to understand how restrictions to urban land-use could affect Real Estate Market prices in Brazilian urban environment. We explored a heterogeneity arisen from the enactment of a city-level Height-Restriction-Law which limited how tall buildings could get in some, but not all, neighborhoods in Recife, one of the largest cities of Brazil. We used a Differences in Geographic Discontinuity (Diff-in-Geo-Disc) design on a unique data set provided by the Municipal Government to show that the imposed restriction led to an interesting Market Behavior: apartment’s unit prices experienced a significant increase in prices meanwhile house’s unit prices depreciated value. Our findings rely on empirical models grounded by several robustness checks.
id UFPE_59ff7c33577d574fa466273e6662f1cd
oai_identifier_str oai:repositorio.ufpe.br:123456789/22088
network_acronym_str UFPE
network_name_str Repositório Institucional da UFPE
repository_id_str
spelling DANTAS, Raissa Numeriano Dubourcqhttp://lattes.cnpq.br/9657749544580924http://lattes.cnpq.br/2977077512332193SAMPAIO, BrenoSILVEIRA NETO, Raul da Mota2017-10-24T12:21:50Z2017-10-24T12:21:50Z2016-09-16https://repositorio.ufpe.br/handle/123456789/22088This paper aims to understand how restrictions to urban land-use could affect Real Estate Market prices in Brazilian urban environment. We explored a heterogeneity arisen from the enactment of a city-level Height-Restriction-Law which limited how tall buildings could get in some, but not all, neighborhoods in Recife, one of the largest cities of Brazil. We used a Differences in Geographic Discontinuity (Diff-in-Geo-Disc) design on a unique data set provided by the Municipal Government to show that the imposed restriction led to an interesting Market Behavior: apartment’s unit prices experienced a significant increase in prices meanwhile house’s unit prices depreciated value. Our findings rely on empirical models grounded by several robustness checks.FACEPEEste trabalho tem como objetivo compreender como restrições do uso da terra, no ambiente urbano brasileiro, podem afetar os preços do mercado imobiliário local. Nós exploramos a heterogeneidade gerada através da promulgação da Lei Municipal no 16.719; esta, pois, cria limitações na altura dos edificios para alguns, mas não todos, bairros do Recife. Sobre uma base de dados fornecida pela Prefeitura do Recife, usamos uma estratégia de Diferenças em Discontinuidade Geográfica (Diffin-Geo-Disc) para mostrar que a restrição imposta pela da lei acarretou distorções nos preços dos imóveis. Nossos resultados indicam um aumento significativo dos preços unitários dos apartamentos paralelamente a uma desvalorização das casas pré-existentes. A estratégia utilizada e resultados encontrados são fundamentados por inúmeros testes de robustez.porUniversidade Federal de PernambucoPrograma de Pos Graduacao em EconomiaUFPEBrasilAttribution-NonCommercial-NoDerivs 3.0 Brazilhttp://creativecommons.org/licenses/by-nc-nd/3.0/br/info:eu-repo/semantics/openAccessMercado imobiliárioBens imóveis – PreçosSolo urbano - usoSolo – Uso – PlanejamentoThe effects of land-use regulation on local real estate market: empirical evidence from Brazilinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesismestradoreponame:Repositório Institucional da UFPEinstname:Universidade Federal de Pernambuco (UFPE)instacron:UFPETHUMBNAILRaissa Dantas - 12 bairros - FINAL - com folha de aprovação e ficha catalográfica (2).pdf.jpgRaissa Dantas - 12 bairros - FINAL - com folha de aprovação e ficha catalográfica (2).pdf.jpgGenerated Thumbnailimage/jpeg1203https://repositorio.ufpe.br/bitstream/123456789/22088/5/Raissa%20Dantas%20-%2012%20bairros%20-%20FINAL%20-%20com%20folha%20de%20aprova%c3%a7%c3%a3o%20e%20ficha%20catalogr%c3%a1fica%20%282%29.pdf.jpg148e31c1764f6db0b1c80a1d0e5a218eMD55ORIGINALRaissa Dantas - 12 bairros - FINAL - com folha de aprovação e ficha catalográfica (2).pdfRaissa Dantas - 12 bairros - FINAL - com folha de aprovação e ficha catalográfica (2).pdfapplication/pdf1454914https://repositorio.ufpe.br/bitstream/123456789/22088/1/Raissa%20Dantas%20-%2012%20bairros%20-%20FINAL%20-%20com%20folha%20de%20aprova%c3%a7%c3%a3o%20e%20ficha%20catalogr%c3%a1fica%20%282%29.pdf9a70cd3c0f20917d8e0c356d6042e5adMD51CC-LICENSElicense_rdflicense_rdfapplication/rdf+xml; charset=utf-8811https://repositorio.ufpe.br/bitstream/123456789/22088/2/license_rdfe39d27027a6cc9cb039ad269a5db8e34MD52LICENSElicense.txtlicense.txttext/plain; charset=utf-82311https://repositorio.ufpe.br/bitstream/123456789/22088/3/license.txt4b8a02c7f2818eaf00dcf2260dd5eb08MD53TEXTRaissa Dantas - 12 bairros - FINAL - com folha de aprovação e ficha catalográfica (2).pdf.txtRaissa Dantas - 12 bairros - FINAL - com folha de aprovação e ficha catalográfica (2).pdf.txtExtracted texttext/plain75035https://repositorio.ufpe.br/bitstream/123456789/22088/4/Raissa%20Dantas%20-%2012%20bairros%20-%20FINAL%20-%20com%20folha%20de%20aprova%c3%a7%c3%a3o%20e%20ficha%20catalogr%c3%a1fica%20%282%29.pdf.txtd9bfd500727f4af6c499a9f0e526ae74MD54123456789/220882019-10-25 22:00:33.669oai:repositorio.ufpe.br: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Repositório InstitucionalPUBhttps://repositorio.ufpe.br/oai/requestattena@ufpe.bropendoar:22212019-10-26T01:00:33Repositório Institucional da UFPE - Universidade Federal de Pernambuco (UFPE)false
dc.title.pt_BR.fl_str_mv The effects of land-use regulation on local real estate market: empirical evidence from Brazil
title The effects of land-use regulation on local real estate market: empirical evidence from Brazil
spellingShingle The effects of land-use regulation on local real estate market: empirical evidence from Brazil
DANTAS, Raissa Numeriano Dubourcq
Mercado imobiliário
Bens imóveis – Preços
Solo urbano - uso
Solo – Uso – Planejamento
title_short The effects of land-use regulation on local real estate market: empirical evidence from Brazil
title_full The effects of land-use regulation on local real estate market: empirical evidence from Brazil
title_fullStr The effects of land-use regulation on local real estate market: empirical evidence from Brazil
title_full_unstemmed The effects of land-use regulation on local real estate market: empirical evidence from Brazil
title_sort The effects of land-use regulation on local real estate market: empirical evidence from Brazil
author DANTAS, Raissa Numeriano Dubourcq
author_facet DANTAS, Raissa Numeriano Dubourcq
author_role author
dc.contributor.authorLattes.pt_BR.fl_str_mv http://lattes.cnpq.br/9657749544580924
dc.contributor.advisorLattes.pt_BR.fl_str_mv http://lattes.cnpq.br/2977077512332193
dc.contributor.author.fl_str_mv DANTAS, Raissa Numeriano Dubourcq
dc.contributor.advisor1.fl_str_mv SAMPAIO, Breno
dc.contributor.advisor-co1.fl_str_mv SILVEIRA NETO, Raul da Mota
contributor_str_mv SAMPAIO, Breno
SILVEIRA NETO, Raul da Mota
dc.subject.por.fl_str_mv Mercado imobiliário
Bens imóveis – Preços
Solo urbano - uso
Solo – Uso – Planejamento
topic Mercado imobiliário
Bens imóveis – Preços
Solo urbano - uso
Solo – Uso – Planejamento
description This paper aims to understand how restrictions to urban land-use could affect Real Estate Market prices in Brazilian urban environment. We explored a heterogeneity arisen from the enactment of a city-level Height-Restriction-Law which limited how tall buildings could get in some, but not all, neighborhoods in Recife, one of the largest cities of Brazil. We used a Differences in Geographic Discontinuity (Diff-in-Geo-Disc) design on a unique data set provided by the Municipal Government to show that the imposed restriction led to an interesting Market Behavior: apartment’s unit prices experienced a significant increase in prices meanwhile house’s unit prices depreciated value. Our findings rely on empirical models grounded by several robustness checks.
publishDate 2016
dc.date.issued.fl_str_mv 2016-09-16
dc.date.accessioned.fl_str_mv 2017-10-24T12:21:50Z
dc.date.available.fl_str_mv 2017-10-24T12:21:50Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://repositorio.ufpe.br/handle/123456789/22088
url https://repositorio.ufpe.br/handle/123456789/22088
dc.language.iso.fl_str_mv por
language por
dc.rights.driver.fl_str_mv Attribution-NonCommercial-NoDerivs 3.0 Brazil
http://creativecommons.org/licenses/by-nc-nd/3.0/br/
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Attribution-NonCommercial-NoDerivs 3.0 Brazil
http://creativecommons.org/licenses/by-nc-nd/3.0/br/
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Universidade Federal de Pernambuco
dc.publisher.program.fl_str_mv Programa de Pos Graduacao em Economia
dc.publisher.initials.fl_str_mv UFPE
dc.publisher.country.fl_str_mv Brasil
publisher.none.fl_str_mv Universidade Federal de Pernambuco
dc.source.none.fl_str_mv reponame:Repositório Institucional da UFPE
instname:Universidade Federal de Pernambuco (UFPE)
instacron:UFPE
instname_str Universidade Federal de Pernambuco (UFPE)
instacron_str UFPE
institution UFPE
reponame_str Repositório Institucional da UFPE
collection Repositório Institucional da UFPE
bitstream.url.fl_str_mv https://repositorio.ufpe.br/bitstream/123456789/22088/5/Raissa%20Dantas%20-%2012%20bairros%20-%20FINAL%20-%20com%20folha%20de%20aprova%c3%a7%c3%a3o%20e%20ficha%20catalogr%c3%a1fica%20%282%29.pdf.jpg
https://repositorio.ufpe.br/bitstream/123456789/22088/1/Raissa%20Dantas%20-%2012%20bairros%20-%20FINAL%20-%20com%20folha%20de%20aprova%c3%a7%c3%a3o%20e%20ficha%20catalogr%c3%a1fica%20%282%29.pdf
https://repositorio.ufpe.br/bitstream/123456789/22088/2/license_rdf
https://repositorio.ufpe.br/bitstream/123456789/22088/3/license.txt
https://repositorio.ufpe.br/bitstream/123456789/22088/4/Raissa%20Dantas%20-%2012%20bairros%20-%20FINAL%20-%20com%20folha%20de%20aprova%c3%a7%c3%a3o%20e%20ficha%20catalogr%c3%a1fica%20%282%29.pdf.txt
bitstream.checksum.fl_str_mv 148e31c1764f6db0b1c80a1d0e5a218e
9a70cd3c0f20917d8e0c356d6042e5ad
e39d27027a6cc9cb039ad269a5db8e34
4b8a02c7f2818eaf00dcf2260dd5eb08
d9bfd500727f4af6c499a9f0e526ae74
bitstream.checksumAlgorithm.fl_str_mv MD5
MD5
MD5
MD5
MD5
repository.name.fl_str_mv Repositório Institucional da UFPE - Universidade Federal de Pernambuco (UFPE)
repository.mail.fl_str_mv attena@ufpe.br
_version_ 1862741995765628928

Registros relacionados