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Residents' Benefits of Multi-functional Land-use Projects: A Stated Preference Approach to a Case Study in Amsterdam

Author

Listed:
  • Caroline Rodenburg
  • Peter Nijkamp
  • Henri De Groot
  • Erik Verhoef

Abstract

Urban re-development projects generate various positive as well as negative spatial externalities to the existing population in a given area. This study aims to assess the order of magnitude of the expected net benefits for incumbent residents from a large-scale project in the southern part of Amsterdam (the Netherlands), which is planned to transform the area into a large multi-functional urban centre. We employ a specific stated preference method (namely, a willingness-to-accept method) to assess the net socio-economic benefits for the population in the area concerned. Our approach explicitly considers perceived costs and benefits in the foreseen ‘end-states’ as well as those incurred during the transitional (construction) phase towards such end-states. It is concluded that the multi-functional urban re-development project under consideration is not supported by the residents in the area, as the long-run benefits are perceived to be overshadowed by the short-run environmental nuisances.

Suggested Citation

  • Caroline Rodenburg & Peter Nijkamp & Henri De Groot & Erik Verhoef, 2011. "Residents' Benefits of Multi-functional Land-use Projects: A Stated Preference Approach to a Case Study in Amsterdam," International Planning Studies, Taylor & Francis Journals, vol. 16(4), pages 397-417.
    • Handle: RePEc:taf:cipsxx:v:16:y:2011:i:4:p:397-417
    DOI: 10.1080/13563475.2011.618338
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