View metadata

dc.titleInfrastructure's Imprint: Metro Proximity and Property Development Dynamics in São Paulo, Brazil
dc.contributor.authorGrimaldi, Daniel
dc.contributor.authorMitnik, Oscar A.
dc.contributor.authorZimmermann, Beatrice Aline
dc.contributor.orgunitOffice of Strategic Planning and Development Effectiveness
dc.coverageBrazil
dc.coverageLatin America
dc.date.available2024-10-04T00:10:00
dc.date.issue2024-10-04T00:10:00
dc.description.abstractHow does the proximity to a metro station affect urban development in Latin America? While the literature assessing the causal impacts of transportation infrastructure has grown in recent years, only a few papers have focused on the effects of metro systems in the Latin America and the Caribbean region, and identifying the precise impacts of such investments is far from straightforward. We apply a Synthetic Difference-in-Differences (SDiD) approach to estimate the effects of the expansion of Line 5 of the São Paulo metro system in Brazil on land use and property features. Our results show positive impacts on constructed area, with a treatment effect that is half the magnitude of the average constructed area in untreated units in the pre-treatment period. Additionally, our findings indicate an increase in the number of properties around the stations, with a shift in property composition towards more commercial units. We also find a strong anticipation effect associated with the new metro infrastructure and dynamic impacts after the opening of the first metro station, with effects that increase over time.
dc.format.extent37
dc.identifier.doihttp://dx.doi.org/10.18235/0013183
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Infrastructure-Imprint-Metro-Proximity-and-Property.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectLand Use
dc.subjectMetro System
dc.subjectInfrastructure Development
dc.subjectUrban Development
dc.subjectImpact Evaluation
dc.subjectEconomy
dc.subjectMode of Transport
dc.subjectReal Estate Development
dc.subjectUrban Transport
dc.subjectTransport Infrastructure
dc.subject.jelcodeR14 - Land Use Patterns
dc.subject.jelcodeR40 - Transportation Economics: General
dc.subject.jelcodeR42 - Government and Private Investment Analysis • Road Maintenance • Transportation Planning
dc.subject.keywordsLand use;Infrastructure investments;Impact evaluations
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-03005
idb.operationBK-C2031
Return to Publication