Looming stations: Valuing transport innovations in historical context
AbstractWe investigate the impact of transport innovations on the productivity of urban locations in 1890-1936 Berlin, Germany. We find an increase in land value of up to 2.5% per 100Â m decline in distance to urban railway station.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 105 (2009)
Issue (Month): 1 (October)
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Web page: http://www.elsevier.com/locate/ecolet
Transport innovations Land values Location productivity Economic history;
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