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Estimaciones Del Impacto Del Límite De Crecimiento (Anillo De Contención) Sobre Los Valores Del Suelo En El Norte De Heredia, 1997-2007

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  • Pujol M., Rosendo
  • Pérez M., Eduardo
  • Sánchez H., Leonardo

Abstract

This paper seeks to quantify the causal impact of the growth boundary in northern Heredia. Using the gradient of prices and a model of difference-in-differences, we estimatedthe differential in land value attributable to the impact of the regulation on the growthlimit for the 1997-2007 periods. This effect is manifested by a change in the slope of theprice gradient, indicating that the highest and the best use in the absence of regulation hasbeen restricted - which means that the regulation has been successful in reducing the levelof urban development in the protection zone.

Suggested Citation

  • Pujol M., Rosendo & Pérez M., Eduardo & Sánchez H., Leonardo, 2013. "Estimaciones Del Impacto Del Límite De Crecimiento (Anillo De Contención) Sobre Los Valores Del Suelo En El Norte De Heredia, 1997-2007," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, vol. 31(2), December.
    • Handle: RePEc:rce:rvceco:12876
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