Arbeitspapier
Zoning in reunified Berlin
While urban renewal programs have become widely used policy measures to target urban devel-opment less is known about the reasons why certain areas are more responsive to policy inter-ventions than others. With this study we address some of these issues by analyzing an urban re-newal program in Berlin, Germany, with 22 designated renewal zones between 1990 and 2012. We separately estimate the effects of the renewal policy on property prices for each respective redevelopment area by comparing price developments in these areas to a series of runner-up areas and to geographically close transactions. We find a considerable amount of heterogeneity. While some areas profit form the renewal policies, there are several areas which develop quite differently and end up with a decrease in property prices due to the urban renewal policy.
- ISBN
-
978-3-942820-33-2
- Sprache
-
Englisch
- Erschienen in
-
Series: Hamburg Contemporary Economic Discussions ; No. 59
- Klassifikation
-
Wirtschaft
Externalities
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Urban, Rural, Regional, Real Estate, and Transportation Economics: Housing Demand
Housing Supply and Markets
- Thema
-
Urban
renewal
revitalization
area level
hedonic
policy evaluation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ahlfeldt, Gabriel M.
Maennig, Wolfgang
Richter, Felix J.
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy
- (wo)
-
Hamburg
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ahlfeldt, Gabriel M.
- Maennig, Wolfgang
- Richter, Felix J.
- University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy
Entstanden
- 2017