DP13129 Amphitheaters, cathedrals and operas: The role of historic amenities on suburbanization
|Author(s):||Miquel-Àngel Garcia-López, Ilias Pasidis, Elisabet Viladecans-Marsal|
|Publication Date:||August 2018|
|Keyword(s):||Architecture, European cities, Historic amenities, suburbanization, Transportation|
|JEL(s):||O4, R2, R4|
|Programme Areas:||International Trade and Regional Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=13129|
We estimate the causal effect of highway and railroad improvements on the suburbanization of population in Europe's cities focusing on the role of their historic amenities. Using the variation in the origins and the endowments of these historic amenities in the centers of Europe's cities, our results suggest that the effect of transportation networks on suburbanization was significantly lower in cities with historic amenities. Specifically, cities of Roman, Medieval or Renaissance-Baroque origins that maintained their historical heritage were more resilient to suburbanization caused by highway construction.