Impact of sports arenas on land values: evidence from Berlin
Impact of sports arenas on land values: evidence from Berlin
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DOI：
10.1007/s00168-008-0249-4
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发表时间：
2010-04-01
影响因子：
1.7
通讯作者：
Maennig, Wolfgang
中科院分区：
文献类型：
--
作者：
Ahlfeldt, Gabriel M.;Maennig, Wolfgang
本文开发了一个特征价格模型来解释柏林的标准土地价值。该模型评估了位于柏林普伦茨劳贝格的三个多功能体育场馆的影响，这些体育场馆旨在提高以前贫困社区的吸引力。实证结果证实了关于各种属性对土地价值影响的预期。体育场馆在半径约3000m范围内具有显着的积极影响。影响的模式各不相同，表明有效影响取决于规划当局如何解决潜在的抵消性负外部性。
This paper develops a hedonic price model explaining standard land values in Berlin. The model assesses the impact of three multifunctional sports arenas situated in Berlin-Prenzlauer Berg which were designed to improve the attractiveness of their formerly deprived neighbourhoods. Empirical results confirm expectations about the impact of various attributes on land values. Sports arenas have significant positive impacts within a radius of about 3,000 m. The patterns of impact vary, indicating that the effective impact depends on how planning authorities address potential countervailing negative externalities.