Idrovo Aguirre, Byron and Lozano Navarro, Francisco-Javier (2018): ¿Cuánto tardan los permisos de edificación habitacional en iniciar obras?: Caso Chile. Published in: Documentos de Trabajo CChC No. 86 (1 March 2018)
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Abstract
This research paper constitutes a first effort to establish a timing metric for the start of construction of housing building permits in Chile, by means of a neoclassical equation of stock accumulation, estimated through a state-space model with Kalman filter. Among the main findings, most urbanized and populated regions exhibit a time lapse between 6 and 10 months, similar to that found at the national level. This means that, on average, the period from permit approval until works start, oscillates around 7.3 months for regions concentrating almost all residential real estate development in the country, while most regions fluctuate around 12 months.
Item Type: | MPRA Paper |
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Original Title: | ¿Cuánto tardan los permisos de edificación habitacional en iniciar obras?: Caso Chile |
English Title: | How long to start works? Building permits in Chile |
Language: | Spanish |
Keywords: | productivity, construction, building permits, Chile |
Subjects: | R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R3 - Real Estate Markets, Spatial Production Analysis, and Firm Location > R31 - Housing Supply and Markets |
Item ID: | 118263 |
Depositing User: | Francisco-Javier Lozano Navarro |
Date Deposited: | 19 Sep 2023 14:18 |
Last Modified: | 19 Sep 2023 14:18 |
References: | Kalman, R. (1960). A New Approach to Linear Filtering and Prediction Problems. ASME Journal of Basic Engineering, 82, 35-45. Kalman, R. E., Bucy, R. S. (1961). New Results in Linear Filtering and Prediction Theory. Journal of Basic Engineering, Vol. 83, No. 1, pp. 95-108. Idrovo, B., Lozano, F. J. (2018). Cuánto tardan los permisos de edificación en iniciar obras. Informe MACh Nº 48, Cámara Chilena de la Construcción. Lozano, F. J. (2017). Estimación del tiempo necesario para construir un proyecto inmobiliario. Informe MACh Nº 47, Cámara Chilena de la Construcción. Lozano, F. J. (2013). Relación entre permisos de edificación y proyectos en desarrollo. Informe MACh Nº 38, Cámara Chilena de la Construcción. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/118263 |