Urban renewal after the Berlin wall: a place-based policy evaluation
Gabriel M. Ahlfeldt, Wolfgang Maennig and Felix J. Richter
We use a quasi-experimental research design to study the effects of a spatially targeted renewal policy implemented in Berlin, Germany, in the aftermath of the city's division during the Cold War period. Our results suggest that over the course of 20 years, the policy helped to reduce (increase) the propensity of buildings being in poor (good) condition within the targeted areas by, on average, 1.2-3% (0.6-2.5%) per year. The estimated effects on property prices range from 0.1% to 2% per year. In each case, the lower-bound estimate is not statistically significant. We find little evidence of positive housing externalities or positive welfare effects. ? The Author (2016). Published by Oxford University Press.
1 January 2017
Journal of Economic Geography 17(1) , pp.129-156, 2017
https://academic.oup.com/joeg/article-abstract/17/1/129/2930543?redirectedFrom=fulltext
This Journal article is published under the centre's Urban programme.