Geographic constraints and the housing supply elasticity in Germany

Arbeitspapier

The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008-2019 using the Bartik instrument. The results show that the housing supply is, on average, inelastic, with a floorspace elasticity of 0.22 and a units elasticity of 0.25. The study also reveals that geographical constraints partially affect the housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the unavailability of land for development due to restrictive geography has no significant impact on the housing supply elasticity. The housing supply elasticity estimates may prove useful for calibrating quantitative urban or regional models in Germany.

Object Details

• ISBN: 978-3-96973-169-7
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Ruhr Economic Papers ; No. 1003

Classification and Topics

• Classification: Wirtschaft ; Housing Supply and Markets
• Subject: House prices ; housing supply ; housing supply elasticity

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Beze, Eyayaw
• Event: Veröffentlichung
• (who): RWI - Leibniz-Institut für Wirtschaftsforschung
• (where): Essen
• (when): 2023

Further information

• DOI: doi:10.4419/96973169
• Handle: http://hdl.handle.net/10419/269234
• Last update: 10.03.2025, 11:43 AM CET