HEDONIC PRICES: VALUATION OF PUBLIC GOODS

Abstract

In the research, the price of public goods measured through the price of homes was estimated, because they do not have a market that can value them directly. The methodology of hedonic prices was used, with the information from the cadastre of a city of Ecuador, which highlights physical attributes, the neighborhood, and the inclusion of public services. The average value for drinking water was 27.66, the rainwater drainage of 19.25, of 1.26 the sanitary sewer, of 12.48 the public toilet, 2.34 for the garbage collection and of 19.35 that of the lighting.