Profesionalización de los anfitriones en Airbnb, CDMX: un enfoque de modelado estructural
We offer a first approach to the demand and supply structure of Airbnb in Mexico City using a unique panel dataset of daily listings and rentals on the platform. We find descriptive evidence of a large sector of professional hosts. We estimate various models of demand accommodating price endogeneity...
| Main Authors: | , |
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| Format: | Online |
| Language: | English |
| Editor: |
El Colegio de México, A.C.
2025
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| Subjects: | |
| Online Access: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/464 |
| Journal: |
Estudios Económicos |
| authentication_code | dc |
|---|---|
| _version_ | 1854500325286739968 |
| author | Merino, Juan José Muñoz-Rodríguez, Edwin |
| author_facet | Merino, Juan José Muñoz-Rodríguez, Edwin |
| author_sort | Merino, Juan José |
| category_str_mv |
"Bolivia", "hyperinflation", "economic crisis", "Bolivia", "hiperinflación", "crisis económica"
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| collection | OJS |
| description | We offer a first approach to the demand and supply structure of Airbnb in Mexico City using a unique panel dataset of daily listings and rentals on the platform. We find descriptive evidence of a large sector of professional hosts. We estimate various models of demand accommodating price endogeneity and taste heterogeneity, as well as a supply model under the assumption of Bertrand-Nash's competition. We consistently find that professional hosts have lower marginal costs than nonprofessional hosts. We also find that overall price-cost margins are high regardless of hosts' professionalization status, and slightly higher in the case of professional ones. Finally, motivated by a worldwide regulatory trend, we investigate counterfactually the effect of producer and consumer ad valorem taxes that discriminate between types of hosts. |
| format | Online |
| id | oai:oai.estudioseconomicos.colmex.mx:article-464 |
| index_str_mv | CONAHCYT LATINDEX PKP Index DORA Redalyc Scielo México Handbook of Latin American Studies (HLAS) JSTOR Dialnet HAPI Ulrich’s International Periodicals Directory Google Scholar IBSS Gale OneFile: Informe Académico Global Issues in Context InfoTracCustom Cengage Learning EconLit Índice bibliográfico Publindex RePEc The Journal of Economic Literature |
| journal | Estudios Económicos |
| language | eng |
| publishDate | 2025 |
| publisher | El Colegio de México, A.C. |
| record_format | ojs |
| Terms_governing_use_and_reproduction_note | https://creativecommons.org/licenses/by-nc-nd/4.0/ |
| data_source_entry/ISSN | Estudios Económicos de El Colegio de México; 80-vol. 40, no. 2, july-december, 2025; 1-46 Estudios Económicos de El Colegio de México; 80-vol. 40, núm. 2, julio-diciembre, 2025; 1-46 0186-7202 0188-6916 |
| spelling | oai:oai.estudioseconomicos.colmex.mx:article-4642026-01-12T15:22:02Z Professionalization of Airbnb hosts in Mexico City: A structural modeling approach Profesionalización de los anfitriones en Airbnb, CDMX: un enfoque de modelado estructural Merino, Juan José Muñoz-Rodríguez, Edwin sharing economy structural econometrics peer-to-peer markets market structure professionalization C59 L11 L83 L86 Z31 economía colaborativa econometría estructural mercados entre pares estructura de mercado profesionalización C59 L11 L83 L86 Z31 We offer a first approach to the demand and supply structure of Airbnb in Mexico City using a unique panel dataset of daily listings and rentals on the platform. We find descriptive evidence of a large sector of professional hosts. We estimate various models of demand accommodating price endogeneity and taste heterogeneity, as well as a supply model under the assumption of Bertrand-Nash's competition. We consistently find that professional hosts have lower marginal costs than nonprofessional hosts. We also find that overall price-cost margins are high regardless of hosts' professionalization status, and slightly higher in the case of professional ones. Finally, motivated by a worldwide regulatory trend, we investigate counterfactually the effect of producer and consumer ad valorem taxes that discriminate between types of hosts. Realizamos una primera aproximación a la estructura de la demanda y la oferta de Airbnb en la Ciudad de México usando datos panel que siguen diariamente todas las propiedades ofertadas y rentadas. Encontramos evidencia descriptiva de la existencia de un sector importante de anfitriones profesionales. Nuestras estimaciones de múltiples modelos de demanda (que acomodan endogeneidad del precio y heterogeneidad en las preferencias) y un modelo de oferta bajo el supuesto de competencia de Bertrand-Nash muestra que los anfitriones profesionales tienen menores costos marginales. También se encuentran altos márgenes precio-costo en la industria en general, y ligeramente mayores para los anfitriones profesionales. Finalmente, siguiendo una tendencia regulatoria a nivel mundial, investigamos de manera contrafactual el efecto de impuestos ad valorem al consumidor y productor que discriminan entre tipos de anfitriones. El Colegio de México, A.C. 2025-12-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/464 10.24201/ee.v40i2.e464 Estudios Económicos de El Colegio de México; 80-vol. 40, no. 2, july-december, 2025; 1-46 Estudios Económicos de El Colegio de México; 80-vol. 40, núm. 2, julio-diciembre, 2025; 1-46 0186-7202 0188-6916 eng https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/464/651 https://creativecommons.org/licenses/by-nc-nd/4.0/ |
| spellingShingle | sharing economy structural econometrics peer-to-peer markets market structure professionalization C59 L11 L83 L86 Z31 economía colaborativa econometría estructural mercados entre pares estructura de mercado profesionalización C59 L11 L83 L86 Z31 Merino, Juan José Muñoz-Rodríguez, Edwin Profesionalización de los anfitriones en Airbnb, CDMX: un enfoque de modelado estructural |
| title | Profesionalización de los anfitriones en Airbnb, CDMX: un enfoque de modelado estructural |
| title_alt | Professionalization of Airbnb hosts in Mexico City: A structural modeling approach |
| title_full | Profesionalización de los anfitriones en Airbnb, CDMX: un enfoque de modelado estructural |
| title_fullStr | Profesionalización de los anfitriones en Airbnb, CDMX: un enfoque de modelado estructural |
| title_full_unstemmed | Profesionalización de los anfitriones en Airbnb, CDMX: un enfoque de modelado estructural |
| title_short | Profesionalización de los anfitriones en Airbnb, CDMX: un enfoque de modelado estructural |
| title_sort | profesionalizacion de los anfitriones en airbnb cdmx un enfoque de modelado estructural |
| topic | sharing economy structural econometrics peer-to-peer markets market structure professionalization C59 L11 L83 L86 Z31 economía colaborativa econometría estructural mercados entre pares estructura de mercado profesionalización C59 L11 L83 L86 Z31 |
| topic_facet | sharing economy structural econometrics peer-to-peer markets market structure professionalization C59 L11 L83 L86 Z31 economía colaborativa econometría estructural mercados entre pares estructura de mercado profesionalización C59 L11 L83 L86 Z31 |
| url | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/464 |
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