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Gabriel M, Ahlfeldt ; Nicolai, Wendland ; Gabriel, Ahlfeldt ; Volker, Nitsch ; Volker, Nitsch. (2019) Ease versus noise: long-run changes in the value of transport (dis)amenities.
In: CEP Discussion Papers. RePEc:cep:cepdps:dp1631.
Full description at Econpapers
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To assess the loss of effective accessibility in either counterfactual, we compute a measure of accessibility for each station s, in every period t, and scenario z (actual vs. counterfactual). Following Ahlfeldt, Redding, et al. (2015), we aggregate the population (POP) at all potential destinations j that can be accessed from a station weighted by the bilateral transport cost csjz to create a measure of effective accessibility: ð´ð‘ ð‘ ð‘ = � ð‘ƒð‘ƒð‘ƒð‘—ð‘—ð‘’−ðœð‘ð‘ ð‘ ð‘ ð‘ ð‘— ,
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