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Évaluation de l'impact des politiques. Quartiers verts et Quartiers tranquilles sur les prix de l'immobilier à Paris

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  • Benjamin Bureau
  • Matthieu Glachant

Abstract

This study uses the hedonic-price method to assess the impact on residential property values of two policies implemented by the Paris municipality : “Quartiers Verts” (“Green Neighborhoods”) and “Quartiers Tranquilles” (“Quiet Neighborhoods”). Both policies aim to reorganize targeted neighborhoods in order to promote non-motorized transportation modes. The neighborhoods cover 18% of the total Paris area. We find that the “Quartiers Verts” and “Quartiers Tranquilles” policies caused property values to rise 3% and 1.5% respectively.

Suggested Citation

  • Benjamin Bureau & Matthieu Glachant, 2010. "Évaluation de l'impact des politiques. Quartiers verts et Quartiers tranquilles sur les prix de l'immobilier à Paris," Economie & Prévision, La Documentation Française, vol. 0(1), pages 27-44.
  • Handle: RePEc:cai:ecoldc:ecop_192_0027
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    7. Quigley, John M. & Rosenthal, Larry A., 2005. "The Effects of Land-Use Regulation on the Price of Housing: What Do We Know? What Can We Learn?," Berkeley Program on Housing and Urban Policy, Working Paper Series qt90m9g90w, Berkeley Program on Housing and Urban Policy.
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    10. Bowes, David R. & Ihlanfeldt, Keith R., 2001. "Identifying the Impacts of Rail Transit Stations on Residential Property Values," Journal of Urban Economics, Elsevier, vol. 50(1), pages 1-25, July.
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    Cited by:

    1. André De Palma & Matthieu De Lapparent & Nathalie Picard, 2014. "Modeling Real Estate Investment Decisions In Households," Working Papers hal-01091972, HAL.
    2. Rémy Le Boennec, 2014. "Nouvelles centralités, choix modal et politiques de déplacements " 2.0 " : Le cas Nantais," Working Papers hal-00958700, HAL.
    3. Pierre-Alexandre Mahieu & Romain Craste & Bengt Kriström & Pere Riera, 2014. "Non-market valuation in France: An overview of the research activity," Working Papers hal-01087365, HAL.
    4. Papon, Francis & Nguyen-Luong, Dany & Boucq, Elise, 2015. "Should any new light rail line provide real estate gains, or not? The case of the T3 line in Paris," Research in Transportation Economics, Elsevier, vol. 49(C), pages 43-54.
    5. Rémy Le Boennec & Florent Sari, 2015. "Nouvelles centralités, choix modal et politiques de déplacements : le cas nantais," Post-Print hal-01657128, HAL.
    6. Rémy Le Boennec, 2014. "Nouvelles centralités, choix modal et politiques de déplacements "2.0" : le cas nantais," Post-Print hal-01657242, HAL.

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