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

Research output: Contribution to JournalArticleAcademicpeer-review

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.
Original languageEnglish
Article number103719
Pages (from-to)1-18
Number of pages18
JournalRegional Science and Urban Economics
Volume90
Early online date30 Jul 2021
DOIs
Publication statusPublished - Sept 2021

Funding

The authors thank Kurt Schmidheiny, Stephan Heblich and the other participants of the Workshop on Cultural Heritage and Urban Revival, Nick Kuminoff, Lars Nesheim, two anonymous referees and the editor David Krisztian Nagy for useful comments on previous drafts. The authors thank Statistics Netherlands, NVM, RCE and PBL for providing us with excellent data. The authors gratefully acknowledge Platform 31, VU University and the University of Groningen for their financial support.

Funders
Rijksuniversiteit Groningen
Vrije Universiteit Amsterdam

    UN SDGs

    This output contributes to the following UN Sustainable Development Goals (SDGs)

    1. SDG 11 - Sustainable Cities and Communities
      SDG 11 Sustainable Cities and Communities

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