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Sorting based on urban heritage and income: Evidence from the Amsterdam metropolitan area

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  • van Duijn, Mark
  • Rouwendal, Jan

Abstract

We study the relationship between cultural heritage and city structure in a residential sorting model. Contrary to previous research, we find that all income groups attach a large value to the proximity of urban heritage while there are important differences associated with other household characteristics. In line with previous research, we find that all households attach value to the share of high-income households in neighborhoods. Our approach covers both elements and we use the estimated version to investigate the overall impact of cultural heritage on within-city structure. We simulate the housing market equilibrium in a counterfactual situation without spatial differences in the presence of cultural heritage. The results suggest that without highly valued inner city amenities, households’ location choice in European cities, such as Amsterdam, would be much more similar to US cities.

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  • van Duijn, Mark & Rouwendal, Jan, 2021. "Sorting based on urban heritage and income: Evidence from the Amsterdam metropolitan area," Regional Science and Urban Economics, Elsevier, vol. 90(C).
  • Handle: RePEc:eee:regeco:v:90:y:2021:i:c:s016604622100079x
    DOI: 10.1016/j.regsciurbeco.2021.103719
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    Cited by:

    1. Hans R.A. Koster & Jan Rouwendal, 2017. "Historic Amenities and Housing Externalities: Evidence from the Netherlands," Economic Journal, Royal Economic Society, vol. 127(605), pages 396-420, October.
    2. Bertacchini, Enrico & Revelli, Federico & Zotti, Roberto, 2024. "The economic impact of UNESCO World Heritage: Evidence from Italy," Regional Science and Urban Economics, Elsevier, vol. 105(C).
    3. Mulalic, Ismir & Rouwendal, Jan, 2020. "Does improving public transport decrease car ownership? Evidence from a residential sorting model for the Copenhagen metropolitan area," Regional Science and Urban Economics, Elsevier, vol. 83(C).
    4. Joséphine Leuba, 2019. "Natural amenities and the spatial distribution of Swiss income," IRENE Working Papers 19-04, IRENE Institute of Economic Research.
    5. Hybel, Jesper & Mulalic, Ismir, 2021. "Transportation and Quality of Life: Evidence from Denmark," Working Papers 14-2021, Copenhagen Business School, Department of Economics.
    6. Lu, Jiaxuan, 2023. "The economics of China’s between-city height competition: A regression discontinuity approach," Regional Science and Urban Economics, Elsevier, vol. 100(C).

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    More about this item

    Keywords

    Location choice; Urban heritage; Income; Sorting; Heterogeneous household preferences; Counterfactual simulation;
    All these keywords.

    JEL classification:

    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis
    • J1 - Labor and Demographic Economics - - Demographic Economics
    • Z1 - Other Special Topics - - Cultural Economics

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