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Lifestyle data are rarely used in multivariate economic and social studies because the data describe the probability of having a categorical attribute. We propose a novel conversion of lifestyle data into metric scale values. Examining the 2001 referendum on the Allianz-Arena in Munich, our...
Persistent link: https://www.econbiz.de/10012956174
We use a quasi-experimental research design to study the effects of a spatially targeted renewal policy implemented in Berlin, Germany, in the aftermath of the city's division during the Cold War period. Our results suggest that over the course of 20 years, the policy helped to reduce (increase)...
Persistent link: https://www.econbiz.de/10012956191
Attitudes for a common currency differ from nation to nation, or from region to region. We analyse regionally differing voting results of a referendum held in Sweden in lieu of joining the European Monetary Union. We put a special focus on the role of the industrial mix – being a potential...
Persistent link: https://www.econbiz.de/10012956193
We use a public referendum on a new air traffic concept in Berlin, Germany as a natural experiment to analyze how the interaction of tenure and capitalization effects shapes the outcome of direct democracy processes. We distinguish between homevoters, i.e., voters who are homeowners, and...
Persistent link: https://www.econbiz.de/10013079376
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I define a composite amenity that provides aesthetic and consumption value to local residents: Urbanity. A novel data set of geo-tagged photos shared in internet communities serves as a proxy for urbanity. From the spatial pattern of house prices and photos I identify the value of urbanity in...
Persistent link: https://www.econbiz.de/10010223417
This paper assesses impact of accessibility corresponding to three distinct modes of urban transportation. The Alonso hypothesis of residents being fully compensated for rents increasing with proximity to CBD by employment opportunities is tested by application of a hedonic model using micro...
Persistent link: https://www.econbiz.de/10003660119