Koster, Hans; Rouwendal, Jan - 2015 - This version: 11 February 2015
1985-2011 and data on investments in cultural heritage. To control for the fact that these investments are non … national subsidy programmes to maintain cultural heritage. We show that a one million euro per square kilometre increase in … investments in cultural heritage leads to a price increase of 1.5-3.0 percent of non-targeted buildings. We do not find evidence …