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Full-Text Articles in Architecture
Impacts Of Transportation Infrastructure Proximity And Accessibility On Real Property Values, Arturo Bujanda
Impacts Of Transportation Infrastructure Proximity And Accessibility On Real Property Values, Arturo Bujanda
Open Access Theses & Dissertations
Investments in public infrastructure such as highways, airports, mass transit, and stadiums can increase adjacent property values, generating a value premium for private developers and adjacent property owners. A portion of this value can be "captured" as public revenue via property taxes to assist financing such improvements. States and local governments aim to anticipate and capture the economic value created by transportation accessibility. While value capture (VC) represents an opportunity for regional agencies to recapture some transportation infrastructure costs, it is not clear how much value is added by the infrastructure in a particular region. This research applies geographic weighted …
Public Investment And Economic Growth In El Paso, Azucena Gonzalez Monzon
Public Investment And Economic Growth In El Paso, Azucena Gonzalez Monzon
Open Access Theses & Dissertations
This research focuses on the impact from public capital stock on economic growth in El Paso, Texas. A time series analysis is used to gauge the dynamic relationship between public infrastructure and the productivity of this city's economy. An Error Correction model and a Vector Error Correction model are utilized to discover short-run and long-run impacts from public capital stock on the growth of this particular economy. The Vector Autoregressive model is used to determine causality amongst the variables and to determine the structure of this economy. This research finds that public infrastructure growth actually follows economic growth and private …
Hedonic Housing Prices In Ciudad Juarez, Karen P. Fierro
Hedonic Housing Prices In Ciudad Juarez, Karen P. Fierro
Open Access Theses & Dissertations
Studies of the valuation of housing attributes abound. Empirical studies of this nature for Latin America and Mexico are less common. This study utilizes data for 175 new houses in Ciudad Juarez to estimate a hedonic pricing model. All units in the sample were completed and sold between November 2006 and April 2007. For each house, a total of fourteen characteristics, both structural and locational, are employed as explanatory variables. Empirical results indicate that the structural characteristics play a bigger role than the neighborhood amenities. Surprisingly, neighborhood parks are found to lower housing values