What are Public Services Worth, and to Whom? Non-parametric Estimation of Capitalization in Pune

What are Public Services Worth, and to Whom? Non-parametric Estimation of Capitalization in Pune

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The availability and quality of basic public services are important determinants of urban quality of life. In many cities, rapid population growth and fiscal constraints are limiting the extent to which urban governments can keep up with increasing demand for these services. It therefore becomes important to prioritize provision of those services to best reflect local demand. The authors present a strategy to estimate the demand for public services, which is sensitive to heterogeneity in preferences across types of households, and the nonparametric estimation addresses problems arising from functional form restrictions. Using data from Pune, India, they estimate the demand for public services, as represented by the marginal change in the self-assessed monthly rental price of dwellings from the services. The authors find that the value of publicly provided services accruing to the poor is greater than that going to wealthier households, and even untargeted across-the-board investment in specific services can be progressive.

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Bibliographic Details
Main Authors: Lundberg, Mattias, Lall, Somik V.
Language:English
Published: World Bank, Washington, DC 2006-05
Subjects:ACCOUNTABILITY, ADMINISTRATIVE DECENTRALIZATION, AIR POLLUTION, CITIES, COMMUNITIES, CRIME, DEVOLUTION, DISCOUNT RATE, DISTRICTS, DURABLE GOODS, DWELLING, DWELLINGS, ECONOMIC RESEARCH, ELASTICITY, EXTERNALITIES, FISCAL CAPACITY, FUNCTIONAL FORMS, HOSPITALS, HOUSE PRICES, HOUSEHOLDS, HOUSES, HOUSING, HOUSING DEMAND, HOUSING DENSITY, HOUSING ECONOMICS, HOUSING MARKET, HOUSING PRICES, INCOME, INCOME DISTRIBUTION, INSTITUTIONAL CONSTRAINTS, INTEREST RATES, LAND USE, LAND USE POLICIES, LOCAL AUTHORITIES, LOCAL GOVERNMENT, LOCAL GOVERNMENT FINANCE, LOCAL GOVERNMENT TAXATION, LOCAL GOVERNMENTS, LOCAL TAXES, MUNICIPAL, MUNICIPAL GOVERNMENT, POLITICAL DECENTRALIZATION, POLITICAL ECONOMY, POSITIVE EXTERNALITIES, PRICING MODELS, PROPERTY TAXES, PROPERTY VALUES, PROVISIONS, PUBLIC, PUBLIC EXPENDITURES, PUBLIC GOOD, PUBLIC GOODS, PUBLIC INFORMATION, PUBLIC SECTOR, PUBLIC SERVICE, PUBLIC SERVICE DELIVERY, PUBLIC SERVICE EXPENDITURES, PUBLIC SERVICE PROVISION, PUBLIC TRANSPORT, PURCHASE PRICE, RENTAL VALUE OF PROPERTY, RENTS, ROAD SAFETY, ROADS, SAFETY, SETTLEMENTS, SLUMS, SOLID WASTE MANAGEMENT, TAX, TAX RATES, TAXATION, TRANSACTIONS COSTS, URBAN GOVERNMENTS, URBAN POOR, URBAN PUBLIC SERVICES, URBAN RENEWAL, URBANIZATION, UTILITY FUNCTION, UTILITY MAXIMIZATION, VALUATION, VALUE ADDED, WATER SUPPLY, WEALTH, ZONING,
Online Access:http://documents.worldbank.org/curated/en/2006/05/6801679/public-services-worth-non-parametric-estimation-capitalization-pune
https://hdl.handle.net/10986/8180
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