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dc.contributor.authorAhlfeldt, Gabriel M.en_US
dc.description.abstractThis paper develops a framework for predicting impact of urban railway network extensions on property prices. Impact of market potential and access to employment is assessed within a hedonic model environment employing potentiality variables and highly disaggregated data. Based on empirical results, expected impact on property prices is assessed for proposed railway extensions connecting Berlin's new central station to the existing metrorail and suburban railway network. Relying on simulated changes in population and employment potentialities, expected increase in aggregated land value is compared for residential and business properties. Application of highly disaggregated data allows detailed mapping of expected pattern of impacts.en_US
dc.publisherUniv, Fak. Wirtschafts- und Sozialwiss., Dep. Wirtschaftswiss. Hamburgen_US
dc.relation.ispartofseriesHamburg contemporary economic discussions 13en_US
dc.subject.keywordUrban Transporten_US
dc.subject.keywordMarket Accessen_US
dc.subject.keywordEmployment Accessen_US
dc.subject.keywordLand Valuesen_US
dc.subject.keywordPolycentric Cityen_US
dc.titleA new central station for a unified city: predicting impact on property prices for urban railway network extensions in Berlinen_US
dc.typeWorking Paperen_US
Appears in Collections:Hamburg Contemporary Economic Discussions, Lehrstuhl für Wirtschaftspolitik, Universität Hamburg

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