Looming stations: Valuing transport innovations in historical context

Gabriel M. Ahlfeldt and Nicolai Wendland

Economics Letters, 2009, vol. 105, issue 1, pages 97-99

Abstract: 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 100Â m decline in distance to urban railway station.

Keywords: Transport; innovations; Land; values; Location; productivity; Economic; history (search for similar items in EconPapers)
Date: 2009

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Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:105:y:2009:i:1:p:97-99

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