This paper uses a hedonic price model to estimate the value of public parks in the city of Buenos Aires. The main aim is to verify the externalities generated by parks and other green spaces, as reflected in real estate values

Based on a spatial-temporal general equilibrium model, we rigorously derive a measurement method using dynamic changes in cross-sectional hedonic prices to estimate the willingness to pay for urban amenity improvements. Hedonic approaches in the form of difference-in-differences or regression...