Browsing by Author "Arce Maldonado, Magali Lucia"

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    Determinación de los precios de vivienda en la ciudad de Cuenca 2011-2012: un análisis econométrico basado en la metodología hedónica
    (2014) Arce Maldonado, Magali Lucia; Saetama Flores, Tatiana Rosibel; Cordero Méndez, Fabián Patricio
    This research aims to determine the price of used houses in the city of Cuenca - Ecuador for the year 2011-2012, by applying the hedonic methodology proposed by Rosen (1974), which consists of estimating the price housing based on their quantitative and qualitative characteristics, related to the size, distribution, type of materials and access to basic services. We used the database of the Income and Expenditure Survey 2011-2012 INEC, to get to the results different functional forms were used: linear, log-linear, linear-log and log-log; log-linear being the which provided the best adjustment, getting semielasticidades that reflect the percentage change in price due to the change of a certain characteristic, knowing the importance of the attributes based on the percentage obtained for each coefficient. It was determined that the price of used housed in the city of Cuenca is influenced directly by: the housing condition (roof, walls and floor), road access to housing, number of bedrooms and toilets, material of the walls and floor, heating gas and the square meters of construction.