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A model to evaluate and to optimize the spatial impact of the investments in urban regeneration


  • Cervelló Royo , Roberto

    () (Universidad Politécnica de Valencia)

  • García del Río , Baldomero Segura

    () (Universidad Politécnica de Valencia)


This work provides an analysis and an optimization model of the spatial impact for the urban policies of local governments in terms of urban regeneration and rehabilitation of degraded historic areas. From the amount invested and state intervention locations, an impact index is put forward. The spatial distribution of these impact indexes in the interventions’ area of influence will be the basis for the analysis; hence, by setting some specific objectives of the decision agent about this distribution homogeneity, we propose a model which will allow us to allocate the budget available among the different locations fixed a priori. By means of a comparison between the spatial distributions of impact indexes obtained in both situations, a measure of the intervention process and its impact can be obtained.

Suggested Citation

  • Cervelló Royo , Roberto & García del Río , Baldomero Segura, 2010. "A model to evaluate and to optimize the spatial impact of the investments in urban regeneration," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 17, pages 125-138.
  • Handle: RePEc:ris:invreg:0073

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    References listed on IDEAS

    1. Thomas Farole & Andrés Rodríguez‐Pose & Michael Storper, 2011. "Cohesion Policy in the European Union: Growth, Geography, Institutions," Journal of Common Market Studies, Wiley Blackwell, vol. 49(5), pages 1089-1111, September.
    2. Michele Boldrin & Fabio Canova, 2001. "Inequality and convergence in Europe's regions: reconsidering European regional policies," Economic Policy, CEPR;CES;MSH, vol. 16(32), pages 205-253, April.
    3. Mikel Navarro & Juan José Gibaja & Beñat Bilbao-Osorio & Ricardo Aguado, 2009. "Patterns of Innovation in EU-25 Regions: A Typology and Policy Recommendations," Environment and Planning C, , vol. 27(5), pages 815-840, October.
    4. Paul E. Polzin, 2001. "Why Some States Grow Faster than Others: New Growth Models for State Economic Policy," Growth and Change, Wiley Blackwell, vol. 32(3), pages 413-425.
    5. John Bachtler & Irene McMaster, 2008. "EU Cohesion policy and the role of the regions: investigating the influence of Structural Funds in the new member states," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 26(2), pages 398-427, April.
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    More about this item


    Optimal location model; urban public investment; urban regeneration; intervention; impact indexes;

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock


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