Looming stations: valuing transport innovations in historical context
Ahlfeldt, G. M.
& Wendland, N.
(2009).
Looming stations: valuing transport innovations in historical context.
Economics Letters,
105(1), 97-99.
https://doi.org/10.1016/j.econlet.2009.06.010
& Wendland, N.
(2009).
Looming stations: valuing transport innovations in historical context.
Economics Letters,
105(1), 97-99.
https://doi.org/10.1016/j.econlet.2009.06.010
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.