Journal Article

A comprehensive wealth index for cities in Germany

Ecological Indicators, Volume 41, June 2014: 79-86

We apply a comprehensive wealth index for the 100 largest autonomous cities in Germany to measure their endowment with environmental, energy, social, human, and economic capital stocks. We find that (i) there is no inherent trade-off between economic and environmental capital stocks; (ii) clear regional differences exist between West and East Germany and between North and South Germany; and (iii) the comprehensive wealth index is strongly correlated with housing rents, which reflect individual willingness to pay for living in a certain city.

Authors

Jonas Dovern
Martin Quaas

Info

Publication Date
JEL Classification
Q56, R11
DOI
10.1016/j.ecolind.2014.01.009