Konferenzbeitrag

Urban renewal after the Berlin Wall

Urban renewal areas are popular instruments in spatial planning to prevent urban decline and to induce urban renewal. 22 renewal areas were implemented in Berlin, Germany alone between 1993 and 1995, mainly to increase housing and living quality in the aftermath of the city s long division during the Cold War period. We use a quasi-experimental research design to study the long-run effects of these designations on property prices within and surrounding the renewal areas. While there is evidence for significant improvements in the quality of the housing stock and increases in property prices in the targeted areas, evidence is weak at best for positive housing externalities. Our results further indicate that fundamental location advantages increase the impact of the policy.

Language
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2013: Wettbewerbspolitik und Regulierung in einer globalen Wirtschaftsordnung - Session: Urban Economics II ; No. E10-V1

Classification
Wirtschaft
Size and Spatial Distributions of Regional Economic Activity
Housing Supply and Markets
Regional Development Planning and Policy

Event
Geistige Schöpfung
(who)
Richter, Felix
Ahlfeldt, Gabriel
Maennig, Wolfgang
Event
Veröffentlichung
(who)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(where)
Kiel und Hamburg
(when)
2013

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Richter, Felix
  • Ahlfeldt, Gabriel
  • Maennig, Wolfgang
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 2013

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