Looming stations: valuing transport innovations in historical context

Ahlfeldt, Gabriel M.ORCID logo; and Wendland, Nicolai (2009) Looming stations: valuing transport innovations in historical context Economics Letters, 105 (1). pp. 97-99. ISSN 0165-1765
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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.


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