IDEAS home Printed from https://ideas.repec.org/p/zbw/vfsc14/100467.html
   My bibliography  Save this paper

Urban renewal after the Berlin Wall - A place-based policy evaluation

Author

Listed:
  • Felix, Richter
  • Ahlfeldt, Gabriel
  • Maennig, Wolfgang

Abstract

We use a quasi-experimental research design to study the effects of 22 renewal areas implemented in Berlin, Germany, to increase housing and living quality in the aftermath of the city s division during the Cold War period. Our results suggest within the targeted areas that the policy has helped reduce (increase) the number of buildings in poor (good) condition by 25% (10%). Property prices increased at an annual rate of 0.4-1.8%. However, evidence is weak at best for positive housing externalities. More generally, our findings suggest that estimated place-based policy effects are less sensitive to unobserved local shocks the more treatment and control areas are considered in the analysis.

Suggested Citation

  • Felix, Richter & Ahlfeldt, Gabriel & Maennig, Wolfgang, 2014. "Urban renewal after the Berlin Wall - A place-based policy evaluation," Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100467, Verein für Socialpolitik / German Economic Association.
  • Handle: RePEc:zbw:vfsc14:100467
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/100467/1/VfS_2014_pid_531.pdf
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Gabriel M. Ahlfeldt & Stephen J. Redding & Daniel M. Sturm & Nikolaus Wolf, 2015. "The Economics of Density: Evidence From the Berlin Wall," Econometrica, Econometric Society, vol. 83, pages 2127-2189, November.
    2. Esteban Rossi-Hansberg & Pierre-Daniel Sarte & Raymond Owens, 2010. "Housing Externalities," Journal of Political Economy, University of Chicago Press, vol. 118(3), pages 485-535, June.
    3. Marlon G. Boarnet & Saksith Chalermpong & Elizabeth Geho, 2005. "Specification issues in models of population and employment growth," Papers in Regional Science, Wiley Blackwell, vol. 84(1), pages 21-46, March.
    4. Conley, T. G., 1999. "GMM estimation with cross sectional dependence," Journal of Econometrics, Elsevier, vol. 92(1), pages 1-45, September.
    5. Jeanty, P. Wilner & Partridge, Mark & Irwin, Elena, 2010. "Estimation of a spatial simultaneous equation model of population migration and housing price dynamics," Regional Science and Urban Economics, Elsevier, vol. 40(5), pages 343-352, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:eee:regeco:v:70:y:2018:i:c:p:35-56 is not listed on IDEAS
    2. Xu, Hangtian, 2017. "Spatial Reorganization in Urban Redevelopment: Evidence from an Earthquake in a Metropolitan Area," MPRA Paper 78986, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:vfsc14:100467. 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: (ZBW - German National Library of Economics). General contact details of provider: http://edirc.repec.org/data/vfsocea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.