ADRIANO BORGES FERREIRA DA COSTA

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  • Subway Expansion, Jobs Accessibility and Home Value Appreciation in Four Global Cities: Considering Both Local and Network Effects
    (2021) ADRIANO BORGES FERREIRA DA COSTA; Ramos, Camila; Zheng, Siqi
    We explore the potential of incorporating accessibility analysis in studying the impact of subway expansions on the real estate market. We first demonstrate that using increases in accessibility to firms as a continuous treatment variable instead of its binary alternative, the station-dummy approach, yields better goodness-of-fit in a quasi-experimental econometric analysis. We show that the dummy treatment variable consistently reported overestimated coefficients of impact for new subway stations. Furthermore, accessibility measures allow the exploration of impacts beyond the local effects around new subway stations, shedding light on network impact that has been largely overlooked in the literature. To provide greater external validity to our results, we apply the same analysis to the cities of Santiago (Chile), São Paulo (Brazil), Singapore, and Barcelona (Spain) and explore the common results. We argue that the integration of urban economics and transportation analysis can bring innovation to the empirical approach commonly adopted in the literature, and the use of accessibility measures in causal empirical studies on transportation impacts can produce more robust and comprehensive results and capture the nuanced spatial heterogeneity effects.
  • Artigo Científico
    Private ownership of water and wastewater systems: Assessing health impacts
    (2025) Chaves, Rodrigo França; ADRIANO BORGES FERREIRA DA COSTA
    This study examines the impact of private ownership of water and wastewater systems on disease reduction linked to sanitation in Brazil from 1998 to 2021. It updates Saiani and de Azevedo (2018), which analyzed the period 1995–2008, by incorporating over a decade of additional data, key policy changes such as the 2020 Sanitation Law, and employing the Callaway–Sant’Anna Staggered DID methodology to address heterogeneity in treatment effects. Our findings reveal mixed results: while some municipalities achieved reductions in morbidity rates, others showed no change or increases, underscoring the context-dependent nature of privatization outcomes. A notable example is the case of Tocantins, where transitioning from a hybrid private-state model to full private ownership led to a significant decrease in disease morbidity, particularly among the most affected age groups. These advancements provide a robust, updated perspective on the privatization debate, offering valuable implications for policy and practice.