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

Felix Richter, Gabriel Ahlfeldt and Wolfgang Maennig

VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy from Verein für Socialpolitik / German Economic Association

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.

JEL-codes: H23 R21 R31 (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/100467/1/VfS_2014_pid_531.pdf (application/pdf)

Related works:
Journal Article: Urban renewal after the Berlin Wall: a place-based policy evaluation (2017)
Working Paper: Urban renewal after the Berlin Wall: a place-based policy evaluation (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc14:100467

Access Statistics for this paper

More papers in VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy from Verein für Socialpolitik / German Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().