A Slab in the Face: Building Quality and Neighborhood Effects
The quality of newly constructed single-family houses is usually homogeneous in and heterogeneous between neighborhoods. Such quality-clustering will be caused by the variation of natural amenities throughout a suburban area. Clustering will be enforced if the quality of neighboring buildings increases the value of newly constructed ones. To disentangle the natural amenity e ect and the neighborhood e ect, we use data from Berlin and exploit that the endogenous e ect was weakened during the socialist period. Our results show that the exogenous variation caused by buildings constructed during this period still causes lower quality new buildings in the East of the city.
|Date of creation:||Feb 2012|
|Contact details of provider:|| Postal: Spandauer Str. 1,10178 Berlin|
Web page: http://sfb649.wiwi.hu-berlin.de
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robinson, Peter M, 1988. "Root- N-Consistent Semiparametric Regression," Econometrica, Econometric Society, vol. 56(4), pages 931-954, July.
- Esteban Rossi-Hansberg & Pierre-Daniel Sarte & Raymond Owens, 2010.
Journal of Political Economy,
University of Chicago Press, vol. 118(3), pages 485-535, 06.
- Strange, William, 1992. "Overlapping neighborhoods and housing externalities," Journal of Urban Economics, Elsevier, vol. 32(1), pages 17-39, July.
- Charles F. Manski, 2000.
"Economic Analysis of Social Interactions,"
NBER Working Papers
7580, National Bureau of Economic Research, Inc.
- Elena G. Irwin, 2002. "Interacting agents, spatial externalities and the evolution of residential land use patterns," Journal of Economic Geography, Oxford University Press, vol. 2(1), pages 31-54, January.
- Yannis M. Ioannides & Jeffrey E. Zabel, 2002.
"Interaction, Neighborhood Selection and Housing Demand,"
Discussion Papers Series, Department of Economics, Tufts University
0208, Department of Economics, Tufts University.
- Ioannides, Yannis M. & Zabel, Jeffrey E., 2008. "Interactions, neighborhood selection and housing demand," Journal of Urban Economics, Elsevier, vol. 63(1), pages 229-252, January.
- Yannis M Ioannides & Jeffrey E Zabel, 2002. "Interactions, Neighborhood Selection, and Housing Demand," Working Papers 02-19, Center for Economic Studies, U.S. Census Bureau.
- Patrick Bajari & C. Lanier Benkard, 2005. "Demand Estimation with Heterogeneous Consumers and Unobserved Product Characteristics: A Hedonic Approach," Journal of Political Economy, University of Chicago Press, vol. 113(6), pages 1239-1276, December.
- Carrión-Flores, Carmen & Irwin, Elena G., 2010. "Identifying spatial interactions in the presence of spatial error autocorrelation: An application to land use spillovers," Resource and Energy Economics, Elsevier, vol. 32(2), pages 135-153, April.
- Meyer, Bruce D, 1995.
"Natural and Quasi-experiments in Economics,"
Journal of Business & Economic Statistics,
American Statistical Association, vol. 13(2), pages 151-161, April.
- Li, Qi & Racine, Jeffrey S, 2008. "Nonparametric Estimation of Conditional CDF and Quantile Functions With Mixed Categorical and Continuous Data," Journal of Business & Economic Statistics, American Statistical Association, vol. 26, pages 423-434.
- Irwin, Elena G. & Bockstael, Nancy E., 2004. "Land use externalities, open space preservation, and urban sprawl," Regional Science and Urban Economics, Elsevier, vol. 34(6), pages 705-725, November.
- Racine, J., 1991. "An Efficient Cross-Validation Algotithm for Window Width Selection in the Context of Nonparametric Kernel Estimation of a Conditinal Mean," Papers 91-9, York (Canada) - Department of Economics.
- Douglas S. Noonan & Douglas J. Krupka, 2011.
"Making—or Picking—Winners: Evidence of Internal and External Price Effects in Historic Preservation Policies,"
Real Estate Economics,
American Real Estate and Urban Economics Association, vol. 39(2), pages 379-407, 06.
- Noonan, Douglas S. & Krupka, Douglas J., 2009. "Making – or Picking – Winners: Evidence of Internal and External Price Effects in Historic Preservation Policies," IZA Discussion Papers 4110, Institute for the Study of Labor (IZA).
When requesting a correction, please mention this item's handle: RePEc:hum:wpaper:sfb649dp2012-020. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (RDC-Team)
If references are entirely missing, you can add them using this form.