- The Bridge: Urban integration in Copenhagen and Malmo
Awards
Author(s):
- Alexander Gilsaa Hansen
Category:
- Economics
Institution:
- University of Oxford
Region:
- Europe & UK
Winner Category:
- Global Winner
Year:
- 2023
Abstract:
The opening of the Øresund Bridge in 2000 lowered travel times between Denmark and Sweden significantly. This paper uses a canonical urban economics model to analyse the impact of the bridge on residential population, land rents and commuting flows. I show that there is a clear association between the extra access to workplaces provided by the bridge and increases to population and land rents in both Denmark and Sweden. I also present evidence to suggest that the commuter market is still in the process of transitioning to a new steady state. Finally, I find that the reduction in commuting flows caused by the border is equivalent to an extra nine minutes of travel time.
Attached Documents: