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Índice de Precios de la Vivienda Nueva para Bogotá: Metodología de Precios Hedónicos

Author

Listed:
  • Jessica Castaño

  • Mariana Laverde

  • Miguel Ángel Morales Mosquera

  • Ana María Yaruro

Abstract

En este documento se presenta un índice de precios de vivienda nueva ajustado por cambios en la calidad de los inmuebles para la ciudad de Bogotá. Para ello se utilizó la base de datos de La Galería Inmobiliaria para el período 2003-2013. El indicador se construyó utilizando el modelo teórico de precios hedónicos propuesto por Rosen (1974) y la aplicación econométrica sugerida por Bover & Velilla (2002) y Gatzlaff & Ling (1994). Al comparar el índice de precios obtenido con los existentes en Colombia, se encontró que el comportamiento entre estos es similar. Finalmente, cuando se controla por calidad, el índice presenta crecimientos inferiores a los registrados por índices que no incluyen este aspecto, reflejando que los cambios en calidad tienen un efecto positivo en los precios.

Suggested Citation

  • Jessica Castaño & Mariana Laverde & Miguel Ángel Morales Mosquera & Ana María Yaruro, 2013. "Índice de Precios de la Vivienda Nueva para Bogotá: Metodología de Precios Hedónicos," Temas de Estabilidad Financiera 078, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:temest:078
    DOI: 10.32468/tef.78
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    1. Fernando Carriazo & Richard Ready & James Shortle, 2011. "Using Frontier Models to Mitigate Omitted Variable Bias in Hedonic Pricing Models: A Case Study for Air Quality in Bogot√°, Colombia," Documentos CEDE 8736, Universidad de los Andes, Facultad de Economía, CEDE.
    2. María Angélica Arbeláez & Roberto Steiner & Alejandro Becerra & Daniel Wills, 2011. "Housing tenure and housing demand in Colombia," WORKING PAPERS SERIES. DOCUMENTOS DE TRABAJO 009067, FEDESARROLLO.
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    Cited by:

    1. Wilmar Alexander Cabrera-Rodríguez & Juan Sebastián Mariño-Montaña & Carlos Andrés Quicazán-Moreno, 2019. "Modelos hedónicos con efectos espaciales: una aproximación al cálculo de índices de precios de vivienda para Bogotá," Borradores de Economia 1072, Banco de la Republica de Colombia.
    2. Jéssica Fernanda Castaño Lavado. & Miguel Ángel Morales Mosquera, 2015. "Revisión Metodológica de Índices de Precios de la Vivienda," Temas de Estabilidad Financiera 81, Banco de la Republica de Colombia.

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    Keywords

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    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis

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