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Looming stations: valuing transport innovations in historical context

Gabriel Ahlfeldt and Nicolai Wendland ()

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

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 100 m decline in distance to urban railway station.

JEL-codes: L91 L96 (search for similar items in EconPapers)
Date: 2009-10
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Published in Economics Letters, October, 2009, 105(1), pp. 97-99. ISSN: 0165-1765

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