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Fostering prosperity at the local scale: Outcomes of urban policy for deprived neighbourhoods in Germany

Author

Listed:
  • Neumann, Uwe
  • Yasar, Serife

Abstract

Traditional urban policy focuses mainly on redevelopment measures. Germany's Social City programme incorporates urban regeneration with support to local communities in deprived neighbourhoods. We use microdata on household characteristics from the German Socio-Economic Panel (SOEP) and microdata on housing prices from the RWI GEO-RED to assess the policy effects on household income and housing markets. Drawing on propensity score matching, we find that household incomes among programme areas have not been affected. However, hedonic pricing models reveal significant effects on housing prices and rents.

Suggested Citation

  • Neumann, Uwe & Yasar, Serife, 2024. "Fostering prosperity at the local scale: Outcomes of urban policy for deprived neighbourhoods in Germany," Ruhr Economic Papers 1129, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    • Handle: RePEc:zbw:rwirep:311300
    DOI: 10.4419/96973311
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    More about this item

    Keywords

    Segregation; urban policy; matching; hedonic pricing models;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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