Transit Infrastructure and Informal Housing: Assessing an Expansion of the Medellin’s Metrocable System

dc.contributorGrupo de investigaciones. Facultad de Economía. Universidad del Rosario
dc.creatorPosada, Héctor M.
dc.creatorGarcia-Suaza, Andres
dc.date.accessioned2021-04-23T13:39:37Z
dc.date.accessioned2022-09-22T14:47:42Z
dc.date.available2021-04-23T13:39:37Z
dc.date.available2022-09-22T14:47:42Z
dc.date.created2021-04-23T13:39:37Z
dc.date.issued2021-04-24
dc.identifierPosada, Héctor M.; Garcia-Suaza, Andres. (2021) Transit Infrastructure and Informal Housing: Assessing an Expansion of the Medellin’s Metrocable System. Universidad del Rosario, Department of Economics, Documentos de trabajo economía. 34 pp.
dc.identifierhttps://repository.urosario.edu.co/handle/10336/31247
dc.identifierhttps://doi.org/10.48713/10336_31247
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/3442176
dc.description.abstractTransportation policies have an important incidence on the allocation of resources within cities. Therefore, investigating the impacts of transit investment is relevant especially in developing countries where informal housing is highly prevalent and spatial disparities are remarkable. We study the impact of a transit expansion of the Metrocable system in Medellín (Colombia) as a natural scenario to understand the causal links between lowering access cost and informal housing. Using a difference-in-difference identification strategy, we estimate that the expasion of Line H of Metrocable reduces informal housing up to 15 percentage points. We also show that the magnitude of the effect depends on the distance to the intervention. When exploring potential mechanisms mediating the analyzed causal relation we find that the labor market plays a crucial role.
dc.languageeng
dc.publisherUniversidad del Rosario
dc.publisherFacultad de Economía
dc.relationDocumentos de trabajo economía, (2021); 34 pp.
dc.relationhttps://ideas.repec.org/p/col/000092/019239.html
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rightsAbierto (Texto Completo)
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dc.sourceinstname:Universidad del Rosario
dc.sourcereponame:Repositorio Institucional EdocUR
dc.subjectCorrelación desarrollo del transporte publico disminución de asentamientos irregulares
dc.subjectTransporte publico y la transformación del territorio
dc.subjectImpacto del transporte en el ordenamiento de la ciudad
dc.subjectVivienda informal
dc.subjectCosto de transporte publico
dc.subjectPrecio del terreno
dc.subjectMercado laboral informal en Colombia
dc.titleTransit Infrastructure and Informal Housing: Assessing an Expansion of the Medellin’s Metrocable System
dc.typeworkingPaper


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