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The causal effect of transport infrastructure: evidence from a new historical database
Lindgren, Erik; Pettersson-Lidbom, Per; Tyrefors, Björn - 2021
In this paper, we analyze the effect of transport infrastructure investments in railways. As a testing ground, we use …. Importantly, we find extremely large reduced-form effects of having access to railways. For real nonagricultural income, the … that simultaneous/coordinated investment, such as large infrastructure investment in railways, can generate economic growth …
Persistent link: https://www.econbiz.de/10012625818
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What caused the failure of nationalisation of the railway system in Germany? : Malfunction of the German Imperial Railway Office (Reichseisenbahnamt) in the 1870s and 1880s.
Banzawa, Ayumu - Graduate School of Economics, Osaka University - 2012
Imperial Chancellor (Reichskanzler). The REA was not able to keep railways in the Reich (unified Germany) under its perfect …
Persistent link: https://www.econbiz.de/10010584184
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The impact of the German autobahn net on regional labor market performance : a study using historical instrument variables
Möller, Joachim; Zierer, Marcus - 2014
This paper analyzes the impact of the German autobahn net on the economic performance of German regions. To address endogeneity and reverse causation problems, we use historical instrument variables, i.e. a plan of the railroad net in 1890 and a plan of the autobahn net in 1937. We find a...
Persistent link: https://www.econbiz.de/10010423765
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The Impact of the German Autobahn Net on Regional Labor Market Performance : A Study Using Historical Instrument Variables
Moeller, Joachim - 2014
This paper analyzes the impact of the German autobahn net on the economic performance of German regions. To address endogeneity and reverse causation problems, we use historical instrument variables, i.e. a plan of the railroad net in 1890 and a plan of the autobahn net in 1937. We find a...
Persistent link: https://www.econbiz.de/10013044416
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The impact of the German autobahn net on regional labor market performance : a study using historical instrument variables
Möller, Joachim; Zierer, Marcus - 2014
This paper analyzes the impact of the German autobahn net on the economic performance of German regions. To address endogeneity and reverse causation problems, we use historical instrument variables, i.e. a plan of the railroad net in 1890 and a plan of the autobahn net in 1937. We find a...
Persistent link: https://www.econbiz.de/10010440610
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Market consequences of ICT innovations
Mang, Constantin - 2016
This volume was prepared by Constantin Mang while he was working at the Ifo Institute. It was completed in 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes a short introduction and four self-contained chapters that focus on ICT...
Persistent link: https://www.econbiz.de/10011742370
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The 2015 European Refugee Crisis and Residential Housing Rents in Germany
Kürschner Rauck, Kathleen; Kvasnicka, Michael - 2018
We study the impact of the 2015 mass arrival of refugees to Germany on residential housing rents. Using unique data on end of year county-level refugee populations and data on monthly offers of flats for rent from Germany’s leading online property broker Immobilienscout24, we find strong...
Persistent link: https://www.econbiz.de/10011984607
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Explaining regional variation in equilibrium real estate prices and income
Bischoff, Oliver - 2010
We combine the real estate model of Potepan (1996) with the spatial equilibrium approach of Roback (1982) to prove the interdependency of housing prices, rental prices, building land prices and income via one simultaneous equilibrium analysis. Using unique cross-sectional data on the majority of...
Persistent link: https://www.econbiz.de/10010271908
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Wohnstandortentscheidungen in einer wohnbiographischen Perspektive: Eine explorative Studie in ländlichen und großstädtischen Kontexten
Peter, Heike; Tippel, Cornelia; Steinführer, Annett - 2022
Dieser Thünen Report untersucht Wohnstandortentscheidungen als im Lebensverlauf regelmäßig stattfindende Abwägungs- und Aushandlungsprozesse von Haushalten in Bezug auf einen subjektiv angemessenen Wohnstandort. Neben Wohnmobilität (d. h. Gemeindegrenzen überschreitende Wanderungen oder...
Persistent link: https://www.econbiz.de/10013168955
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Aging and real estate prices in Germany
Breidenbach, Philipp; Jäger, Philipp; Taruttis, Lisa - 2022
Exploiting regional heterogeneity in population dynamics across more than 10,000 municipalities in Germany, we provide robust empirical evidence that population aging depresses real estate prices and rents. Using millions of individual real estate offers and detailed demographic data on the...
Persistent link: https://www.econbiz.de/10013420959