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dc.contributor.authorAhlfeldt, Gabriel M.en
dc.date.accessioned2008-03-25-
dc.date.accessioned2009-07-24T13:17:35Z-
dc.date.available2009-07-24T13:17:35Z-
dc.date.issued2007en
dc.identifier.isbn978-3-940369-39-0en
dc.identifier.urihttp://hdl.handle.net/10419/25358-
dc.description.abstractThis paper assesses impact of accessibility corresponding to three distinct modes of urban transportation. The Alonso hypothesis of residents being fully compensated for rents increasing with proximity to CBD by employment opportunities is tested by application of a hedonic model using micro level data to explain standard land values in Berlin. Access to employment as well as location endowments with natural amenities and publicly and privately provided services are captured by potentiality variables. Similarly, impact of population potentiality is assessed for business properties. Accessibility generated by urban rail network is clearly found to have positive impacts on property prices and fully explains attractiveness of urban centrality for business. For residential properties, however, impact of proximity to CBD cannot be completely explained by employment opportunities revealing that the CBD provides additional services valued by residents.en
dc.language.isoengen
dc.publisher|aUniversity of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy |cHamburgen
dc.relation.ispartofseries|aHamburg Contemporary Economic Discussions |x12en
dc.subject.jelR12en
dc.subject.jelR23en
dc.subject.jelR42en
dc.subject.jelR52en
dc.subject.ddc330en
dc.subject.keywordMarket Accessen
dc.subject.keywordEmployment Accessen
dc.subject.keywordLand Valuesen
dc.subject.keywordPolycentric Cityen
dc.subject.keywordUrban Transporten
dc.subject.keywordAlonsoen
dc.titleIf Alonso was right: accessibility as determinant for attractiveness of urban location-
dc.type|aWorking Paperen
dc.identifier.ppn560346077en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:hce:wpaper:012en

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