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Spatial externalities and place-based policies : evidence from the Netherlands
Koster, Hans; Ommeren, Jos van - 2012 - This version: 1 March 2012
We study neighbourhood externalities caused by large public investments in poor neighbourhoods. A stylised theory of a linear city is proposed to guide interpretation of the magnitude and attenuation of the external effects generated by these public investments. We use a large Dutch nationwide...
Persistent link: https://www.econbiz.de/10011537982
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Location, location, location! : a quality-adjusted rent index for the Oslo office market
Anundsen, André Kallåk; Hagen, Marius - 2020
In this paper, we construct a quality-adjusted rent index for the office market in Oslo. Commonly used rent indices are … explanatory power increases considerably. Furthermore, indices controlling for micro-location portray a different picture of rent … developments than indices that do not take this into account. We also document a considerable rent premium for proximity to a metro …
Persistent link: https://www.econbiz.de/10012225935
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Rocketing rents : the magnitude and attenuation of agglomeration economies in the commercial property market
Koster, Hans - 2013
Persistent link: https://www.econbiz.de/10009731271
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Rocketing rents: the magnitude and attenuation of agglomeration economies in the commercial property market
Koster, Hans - 2012
In this paper I measure the impact of urbanisation and localisation economies on commercial rents (offices and industrial buildings) using unique micro-data on both commercial property transactions, as well as all firm (establishment) locations. I add to the literature in three important ways....
Persistent link: https://www.econbiz.de/10011340891
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Rocketing Rents The magnitude and attenuation of agglomeration economies in the commercial property market
Koster, Hans R. A. - Spatial Economics Research Centre, LSE - 2013
Rocketing rents in urban areas are likely explained by agglomeration economies. This paper measures the impact of these external economies on commercial property values using unique micro]data on commercial rents and employment. A measure of agglomeration is employed that is continuous over...
Persistent link: https://www.econbiz.de/10010601710
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Rocketing rents the magnitude and attenuation of agglomeration economies in the commercial property market
Koster, Hans R. A. - London School of Economics (LSE) - 2013
Rocketing rents in urban areas are likely explained by agglomeration economies. This paper measures the impact of these external economies on commercial property values using unique micro�]data on commercial rents and employment. A measure of agglomeration is employed that is continuous over...
Persistent link: https://www.econbiz.de/10011125953
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Is my rental price overestimated? : a small area index for Germany
Eilers, Lea - 2017
Real estate prices are central to a range of themes that are, e.g., relevant for monetary policy, community development, environmental valuation, and economic planning more generally. This paper developes a real estate index based on apartment offer prices on the post code level for Germany,...
Persistent link: https://www.econbiz.de/10011779253
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Historic amenities and housing externalities : evidence from the Netherlands
Koster, Hans; Rouwendal, Jan - 2015 - This version: 11 February 2015
It has been argued that the growth of cities is increasingly determined by the presence of amenities. We study the economic effects of large scale subsidised investments in historic amenities, by looking at their impact on house prices. We aim to distinguish between the direct and indirect...
Persistent link: https://www.econbiz.de/10010477090
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Cities and tasks
Koster, Hans; Ozgen, Ceren - 2021
This paper explores the relationship between routine-biased technological change and agglomeration economies. Using administrative data from the Netherlands, we first show that in dense areas, jobs are less routine-task intensive (i.e. less repetitive and automatable), meaning that jobs cover a...
Persistent link: https://www.econbiz.de/10012493781
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Natural gas extraction, earthquakes and house prices
Koster, Hans; Ommeren, Jos van - 2015 - Version: 19 March 2015
The production of natural gas is strongly increasing around the world. Long-run negative external effects of extraction are understudied and often ignored in social) cost-benefit analyses. One important example is that natural gas extraction leads to soil subsidence and subsequent induced...
Persistent link: https://www.econbiz.de/10010504117