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Looming stations: valuing transport innovations in historical context

By Gabriel M. Ahlfeldt and Nicolai Wendland

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

Topics: HE Transportation and Communications
Publisher: Elsevier
Year: 2009
DOI identifier: 10.1016/j.econlet.2009.06.010
OAI identifier: oai:eprints.lse.ac.uk:25514
Provided by: LSE Research Online

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