Braun, Stefanie; Lee, Gabriel S. - 2021
We estimate spatial German land price effects using the county-level residential land prices from 2014 to 2018. We show … in land prices. For example, a 1 % increase in the median income has an increase of 3.45 % in land prices, whereas a 1 … % increase in the population density accounts for an increase of 5.47 % increase in land prices. We find that similar empirical …