Do short-term rent platforms affect rents? Evidence from Airbnb in Barcelona

Mariona Segú

MPRA Paper from University Library of Munich, Germany

Abstract: Peer-to-peer platforms such as airbnb have recently entered the market thanks to the development of new technologies and their influence on traditional markets remains still understudied. Similarly, the multiplicity of local regulations adopted by big touristic cities in developed countries shows a lack of consensus both on the consequences and on the role of regulation. However, the actual impact of airbnb’s market entry on rents remains still unknown. I assess the causal impact of the beginning of airbnb’s economic activity on housing rents for the city of Barcelona using a Bartiklike instrumental strategy. Results suggest that airbnb is responsible for a 4% increase in rents.

Keywords: Housing rents; short term rentals; airbnb (search for similar items in EconPapers)
JEL-codes: R10 R20 R31 (search for similar items in EconPapers)
Date: 2018-02
New Economics Papers: this item is included in nep-pay and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/84369/1/MPRA_paper_84369.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/96131/1/MPRA_paper_96131.pdf revised version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:84369

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().