SOCIOECONOMIC DETERMINANTS OF THE PRICES OF URBAN LOTS IN THE MUNICIPALITY OF JUAZEIRO DO NORTE – CE

This study aims to identify the socioeconomic variables that influence the prices of urban lots in the municipality of Juazeiro do Norte (Ceará) in the period from 2001 to 2011. In order to fulfill this objective, it was estimated an econometric model of multiple linear regression, in which the pr...

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Bibliographic Details
Main Authors: Lucicleia Gonçalves de, Eliane Pinheiro de
Format: Article
Language:Portuguese
Published: Programa de Pós-graduação em Geografia (PPGEO) 2017-06-01
Series:GeoNordeste
Subjects:
Online Access:https://seer.ufs.br/index.php/geonordeste/article/view/6029/pdf
Description
Summary:This study aims to identify the socioeconomic variables that influence the prices of urban lots in the municipality of Juazeiro do Norte (Ceará) in the period from 2001 to 2011. In order to fulfill this objective, it was estimated an econometric model of multiple linear regression, in which the price of the urban lot was considered as a dependent variable and the explanatory variables were the population’s per capita income, the size of the urban lot, the distance from the urban lot to the Diocesan Sanctuary of Juazeiro do Norte and to the Higher Education Institution, represented by the UNILEÃO University Center – Health Campus. The results showed that the per capita income of the municipality and the size of the lots in square meters had positive elasticities in relation to the price of the urban lots of Juazeiro do Norte, whereas the distance from the urban lots to the district of the colleges and to the center of the city, where the Diocesano Sanctuary of Juazeiro do Norte is located, which captures the religious tourism, showed a negative relationship with the price of the urban lots, indicating that as the distance from these lots to the places that boost investment increases, the prices of the urban lots tend to be smaller.
ISSN:1518-6059
2318-2695