Abstract

VERDUZCO-CHAVEZ, Basilio  and  BASILIA-VALENZUELA, María. Value capture, regularization of buildings, and tourist agglomerations in Guadalajara. Econ. soc. territ [online]. 2018, vol.18, n.57, pp.397-427. ISSN 2448-6183.  https://doi.org/10.22136/est20181182.

This article analyzes an impact fee program implemented in Guadalajara, Jalisco, to regularize urban projects built violating the existing zoning code. To identify the program contributions to the formation of business and tourist districts and its efficiency as an instrument for value capture, the program design and the progress achieved in its implementation between March 2016 and September 2017 are evaluated. It is concluded that the program makes poor contributions to the formation of tourist agglomerations and business districts because it presents failures that undermine its efficiency as an instrument of value capture that helps to reduce social inequality in the city.

Keywords : value capture; impact fees; agglomeration economies; tourist districts; public policy.

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