Looming stations: valuing transport innovations in historical context
We investigate the impact of transport innovations on the productivity of urban locations in 1890â€“1936 Berlin, Germany. We find an increase in land value of up to 2.5% per 100 m decline in distance to urban railway station.
|Date of creation:||Oct 2009|
|Publication status:||Published in Economics Letters, October, 2009, 105(1), pp. 97-99. ISSN: 0165-1765|
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