eprintid: 3067
rev_number: 1
eprint_status: archive
userid: 1
dir: disk0/00/00/30/67
datestamp: 2020-04-23 05:46:37
lastmod: 2020-04-23 05:46:38
status_changed: 2020-04-23 05:46:37
type: thesis
metadata_visibility: show
creators_name: Procé, S. L.
title: The Redevelopment of Vacant Railway Heritage and the External Effect on House Prices
ispublished: pub
full_text_status: public
abstract: Roughly one fourth of all railway stations in The Netherlands is considered to be cultural heritage. Due to a loss of many traditional railway related functions, a lot of space within these stations became vacant over time. This thesis contains an empirical analysis, to explore the external effects of the redevelopment of vacant railway heritage, by analyzing surrounding house prices. With a hedonic regression and a difference-in-differences approach, the external effects of fourteen redevelopment projects of railway heritage are analyzed. Results show that before redevelopment, railway heritage buildings were considered as a disamenity for the surrounding area. This effect disappeared after redevelopment started, indicating anticipation effects. After redevelopment, the railway heritage buildings seem to have a positive external effect on surrounding house prices.
date: 2018
date_type: published
thesis_type: master
degree_programme: VG
tutors_name: Liu, X.
tutors_name: Duijn, M. van
keywords_local: Hedonic regression
keywords_local: Externalities
keywords_local: Redevelopment
keywords_local: Railway heritage
language_iso: en
titleorder: Redevelopment of Vacant Railway Heritage and the External Effect on House Prices
dbi: 5b5853149e28d
imported_item: yes
date_of_import: 2020-04-22
imported_from: http://scripties.frw.eldoc.ub.rug.nl/root/ma/VG/2018/slproce/
import_source_file: theses-frw-20200422132455-5b5853149e28d.xml
date_issued: 2018-01-01
citation:   Procé, S. L.  (2018) The Redevelopment of Vacant Railway Heritage and the External Effect on House Prices.  Master thesis.   
document_url: https://frw.studenttheses.ub.rug.nl/3067/1/MT_Sophie_Proce_Railwayheritage.pdf