EconStor >
Universität Hamburg (UHH) >
Fachbereich Volkswirtschaftslehre - Lehrstuhl für Wirtschaftspolitik, Universität Hamburg >
Hamburg Contemporary Economic Discussions, Lehrstuhl für Wirtschaftspolitik, Universität Hamburg >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/25359
  
Title:A new central station for a unified city: predicting impact on property prices for urban railway network extensions in Berlin PDF Logo
Authors:Ahlfeldt, Gabriel M.
Issue Date:2007
Series/Report no.:Hamburg contemporary economic discussions 13
Abstract:This 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.
Subjects:Urban Transport
Market Access
Employment Access
Land Values
Polycentric City
Berlin
JEL:R12
R23
R42
R52
ISBN:978-3-940369-41-3
Document Type:Working Paper
Appears in Collections:Hamburg Contemporary Economic Discussions, Lehrstuhl für Wirtschaftspolitik, Universität Hamburg

Files in This Item:
File Description SizeFormat
560355033.PDF7.91 MBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/25359

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.