Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/100467
Authors: 
Felix, Richter
Ahlfeldt, Gabriel
Maennig, Wolfgang
Year of Publication: 
2014
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2014: Evidenzbasierte Wirtschaftspolitik - Session: Agglomeration, Policy und Persistence B14-V2
Abstract: 
We use a quasi-experimental research design to study the effects of 22 renewal areas implemented in Berlin, Germany, to increase housing and living quality in the aftermath of the city s division during the Cold War period. Our results suggest within the targeted areas that the policy has helped reduce (increase) the number of buildings in poor (good) condition by 25% (10%). Property prices increased at an annual rate of 0.4-1.8%. However, evidence is weak at best for positive housing externalities. More generally, our findings suggest that estimated place-based policy effects are less sensitive to unobserved local shocks the more treatment and control areas are considered in the analysis.
JEL: 
H23
R21
R31
Document Type: 
Conference Paper

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