The impact of the sharing economy on housing rental prices : the case of Airbnb in Barcelona

Mostra el registre complet Registre parcial de l'ítem

• dc.contributor.author Agustí, Marc
• dc.contributor.author Ásmundsson, Magnús
• dc.contributor.author Bischofberger, Christof
• dc.contributor.author Llanos, Pablo de
• dc.contributor.author Font, Albert
• dc.contributor.author Kazarian, Lucía
• dc.date.accessioned 2021-02-05T11:47:01Z
• dc.date.available 2021-02-05T11:47:01Z
• dc.date.issued 2020
• dc.description Treball fi de màster de: Master's Degree in Economics and Financeca
• dc.description Directors: Larbi Alaoui, Gianmarco Leónca
• dc.description.abstract We offer a novel approach to investigate the extent to which the expansion of the sharing economy is responsible for increases in long-term rents and prices on the housing market. Using a panel of quarterly data on newly signed rental contracts and transaction prices in Barcelona from 2015-Q2 to 2018-Q4, we implement a fixed-effects spatial 2SLS method allowing for endogeneity in the variable which measures the presence of Airbnb. We find that a 100-unit increase in the number of Airbnb listings in a given neighborhood induces a 2.1% increase in rents. We find no indication that Airbnb affects transaction prices.ca
• dc.description.abstract Oferim un plantejament innovador per investigar fins a quin punt l’expansió de l’economia col·laborativa és responsable de l’augment dels preus de lloguer i de venda d’habitatges. Utilitzant dades trimestrals (de panell) sobre l’import del lloguer mensual dels nous contractes i els preus de compravenda registrats a Barcelona entre el 04/2015 i el 12/2018, implementem un mètode S2SLS d’efectes fixos que permet introduir endogeneïtat en la variable Airbnb. Trobem que, a nivell barri, un augment de 100 unitats en el nombre d’Airbnbs indueix un augment del lloguer del 2,1%. No trobem evidència de que Airbnb afecti al preu de venda d’habitatges.ca
• dc.format.mimetype application/pdf*
• dc.identifier.uri http://hdl.handle.net/10230/46368
• dc.language.iso engca
• dc.rights Atribución-NoComercial-SinDerivadas 3.0 Españaca
• dc.rights.accessRights info:eu-repo/semantics/openAccessca
• dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/ca
• dc.subject.other Treball de fi de màster – Curs 2019-2020ca
• dc.subject.other Efectes indirectesca
• dc.subject.other Externalitatsca
• dc.subject.other Negocis immobiliaris – Barcelonaca
• dc.subject.other Spilloversen
• dc.subject.other Externalitiesen
• dc.subject.other Housing marketsen
• dc.title The impact of the sharing economy on housing rental prices : the case of Airbnb in Barcelonaen
• dc.type info:eu-repo/semantics/masterThesisca