The analysis of externalities in real state has been matter of study during the past few years. In this paper we use both conventional and spatial econometric model, as well as geographically weighted regression models, to measure the effect of the San Javier Metro Station (in Medellín, Colombia) on the housing prices of the surrounding area. The main finding of this study is that the metro station has a positive impact on the prices of houses located within a radius of 600 meter from the station. However, the railroad track accessing the station has a negative impact on housing prices located nearby.
HouSI: A heuristic for the delimitation of housing submarkets and price homogeneous areas
Python library with spatially constrained clustering algorithms
Interactive tool for visualizing the interindustry dynamics in Colombian economy.
The Center for Urban and Environmental Studies, Urbam, is a new RiSE's partner. Interesting projects are coming!
Doctor Xinyue Ye, a RiSE’s academic affiliate, was awarded the Regional Development and Planning (RDPSG) Emerging Scholar by the Association of American Geographers (AAG).
The VI World Conference of the Spatial Econometrics Association (SEA) Conference in Latin America
