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...

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...

We examine the effects of transport infrastructure on house prices in the OECD countries over the period 1870 to 2016. We employ both parametric and non-parametric panel data techniques that account for the non-linear and time-varying relationship between transport infrastructure and house...

This paper quantifies the marginal willingness to pay for a reduction of automobile traffic. By using a new structural approach in a hedonic framework by Bishop and Timmins 2019 we are able to avoid common issues in hedonic studies using instrumental variables. Our analysis is based on data from...

In this paper we investigate the effects of new railway stations on house prices using an extensive repeated sales dataset over a period of 13 years. We employ semiparametric panel data techniques allowing for anticipation effects of station openings. We show that a kilometre reduction in...

In this paper we investigate the effects of new railway stations on house prices using an extensive repeated sales dataset over a period of 13 years. We employ semiparametric panel data techniques allowing for anticipation effects of station openings. We show that a kilometre reduction in...

This paper develops a framework for predicting impact of urban railway network extensions on property prices. Impact of market potential and access to employment is assessed within a hedonic model environment employing potentiality variables and highly disaggregated data. Based on empirical...

Financial losses due to low demand for parking spaces in garages at residential estates is a key motivation for this research. The purpose of this paper in particular is to statistically explore the relationship between parking occupancy rates and various factors on transport supply,...

This study examines the impacts of the Guangzhou–Shenzhen–Hong Kong Express Rail Link on residential property prices in West Kowloon, in which the terminus and only station of the Hong Kong section of the high-speed rail link is located. The express rail is characterised as being a link...

With unique house transaction data, we study the distributional effect of high-speed rail (HSR) by examining the house price premium of industrial parks in two important core-periphery pairs of China. For “Shanghai-Suzhou” pair, the premium of manufacturing industrial parks grows in the...