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Does urban centrality influence residential prices? An analysis for the Barcelona Metropolitan Area

Author
Marmolejo, C.
Type of activity
Journal article
Journal
Revista de la construcción
Date of publication
2017-04-01
Volume
16
Number
1
First page
57
Last page
65
DOI
https://doi.org/10.7764/RDLC.16.1.57 Open in new window
Repository
http://hdl.handle.net/2117/107643 Open in new window
https://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0718-915X2017000100057 Open in new window
URL
http://rdlc.alerta.cl/index.php/rdlc/article/view/638 Open in new window
Abstract
The bid rent theory (BRT), originally conceived for a monocentric city suggests a trade-off between land value and transport costs. Thus, in most of the practical applications, the simply distance/time/cost to the CBD is used as a proxy of accessibility. Nonetheless, in contemporary metropolises, employment and services do not cluster in one CBD but in many centers, furthermore the centrality quality does not follow a smooth gradient as distance to centers increases. Consequently, taking the dis...
Citation
Marmolejo, C. Does urban centrality influence residential prices? An analysis for the Barcelona Metropolitan Area. "Revista de la Construccion", 1 Abril 2017, vol. 16, núm. 1, p. 57-65.
Keywords
Barcelona, Geografía del tiempo, Hedonic price models, Modelos de precios hedónicos, Policentrismo, Polycentrism, Real estate valuation, Time-geography, Valoración inmobiliaria
Group of research
CPSV - Centre of Land Policy and Valuations

Participants

Attachments