Residents' Benefits Evaluation of Urban Development Plans - A Willingnes-To-Accept Model for a Multi-functional Land Use Project in Amsterdam
AbstractUrban re-development projects may 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 (viz. 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 âend-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.
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Bibliographic InfoPaper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 09-023/3.
Date of creation: 18 Mar 2009
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multi-functional land use; stated preference; urban development;
Find related papers by JEL classification:
- Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
- R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
This paper has been announced in the following NEP Reports:
- NEP-AGR-2009-04-13 (Agricultural Economics)
- NEP-ALL-2009-04-13 (All new papers)
- NEP-ENV-2009-04-13 (Environmental Economics)
- NEP-PPM-2009-04-13 (Project, Program & Portfolio Management)
- NEP-URE-2009-04-13 (Urban & Real Estate Economics)
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