Koster, Hans R. A.; Rietveld, Piet; Ommeren, Jos Van - Spatial Economics Research Centre, LSE - 2013
We test the impact of historic amenities on house prices and sorting of households within cities. Conservation area … boundaries enable us to employ a semiparametric regression-discontinuity approach to measure the impact of historic amenities … conservation boundary is about 3 percent. Internal historic amenities are also important, as listed houses are about 6 percent more …