Journal Article

A comprehensive wealth index for cities in Germany

Authors

  • Jonas Dovern
  • Martin Quaas
  • Wilfried Rickels
Publication Date

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.

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Info

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

Key Words

  • cities in Germany
  • comprehensive wealth index

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