Looming stations: valuing transport innovations in historical context
We 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 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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