2006-11-12 papers

on Central and South America

Issue of 2006‒11‒12
two papers chosen by

Precios hedónicos para valoración de atributos de viviendas sociales en la Región Metropolitana de Santiago By Quiroga, Bernardo F.
The Rich in Argentina over the Twentieth Century: 1932-2004 By Facundo, Alvaredo

Precios hedónicos para valoración de atributos de viviendas sociales en la Región Metropolitana de Santiago

By:	Quiroga, Bernardo F.
Abstract:	In this paper, an hedonic pricing model is used to measure non-market attribute valuation in Social Housing Programs in Santiago de Chile. Implicit marginal prices are calculated as first stage Rosen estimates for attributes such as distance to different services, number of rooms of each type, and availability of warm water and connection to the sewage network. Distance implicit prices were calculated as the difference between coefficients of dummy variables which measured different distance levels. Results reveal non-linearity in the value of distances. Also, the number of rooms (especially bathrooms), as well as access to warm water and sewage system were highly valued.
Keywords:	hedonic modeling; social housing programs; attribute valuation.
JEL:	I38 H42 R21
Date:	2005–12
URL:	http://d.repec.org/n?u=RePEc:pra:mprapa:378&r=lam

The Rich in Argentina over the Twentieth Century: 1932-2004

By:	Facundo, Alvaredo
Abstract:	This paper presents series on top shares of income in Argentina from 1932 to 2004 based on personal income tax return statistics. Our results suggest that income concentration was higher during the 1930s and the first half of the 1940s than it is today. The recovery of the economy after the Great Depression, favored but the international trade conditions during and after the Second World War, and the visible effects of the peronist policy between 1945 and 1955 generated an inverted U shape in the dynamics of top shares. The peronist redistributive policy, successful and visible, seemed to have proved limited when compared with the central economies. Since then, and after a new upward movement between 1955 and 1959, top shares seem to have described the U-shape pattern found in the developed English-speaking economies. The levels of concentration in 1953 were very similar to those found in 1997.
Keywords:	income inequality taxation
JEL:	O1 D3 H3
Date:	2006–11–01
URL:	http://d.repec.org/n?u=RePEc:pra:mprapa:650&r=lam

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