IDEAS home Printed from https://ideas.repec.org/a/taf/eurpls/v18y2009i5p709-735.html
   My bibliography  Save this article

Willingness to Pay for Multifunctional Megaprojects: A Stated Preference Analysis Among Firms in the Amsterdam Zuidas Area

Author

Listed:
  • Caroline A. Rodenburg
  • Peter Nijkamp
  • Henri L. F. De Groot
  • Erik T. Verhoef

Abstract

Urban (re-)development projects may generate various positive and negative spatial externalities to employers. The assessment of such benefits is fraught with many methodological and empirical problems. This study aims to assess the order of magnitude of expected net benefits for incumbent employers that may accrue from a large-scale development project in the Zuidas area in the South-Western part of Amsterdam, the Netherlands. This development project is planned to transform the area into a large multifunctional urban agglomeration. We employ a specific stated preference method (namely, a willingness-to-pay method) to gauge the project's net socio-economic benefits for the current firms in the area concerned, paying special attention to the benefits associated with multifunctionality.

Suggested Citation

  • Caroline A. Rodenburg & Peter Nijkamp & Henri L. F. De Groot & Erik T. Verhoef, 2009. "Willingness to Pay for Multifunctional Megaprojects: A Stated Preference Analysis Among Firms in the Amsterdam Zuidas Area," European Planning Studies, Taylor & Francis Journals, vol. 18(5), pages 709-735, February.
    • Handle: RePEc:taf:eurpls:v:18:y:2009:i:5:p:709-735
    DOI: 10.1080/09654311003594042
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09654311003594042
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09654311003594042?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:dgr:rugsom:02d31 is not listed on IDEAS
    2. Pellenbarg, P.H. & Wissen, L.J.G. van & Dijk, J. van, 2002. "Firm relocation: state of the art and research prospects," Research Report 02D31, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Miguel C. Manjon-Antolin & Josep Maria Arauzo-Carod, 2006. "Locations and Relocations: Modelling, Determinants, and Interrelations," ERSA conference papers ersa06p33, European Regional Science Association.
    2. Antonin Bergeaud & Simon Ray, 2021. "Adjustment Costs and Factor Demand: New Evidence from Firms’ Real Estate [The heterogeneous impact of market size on innovation: evidence from French firm-level exports]," The Economic Journal, Royal Economic Society, vol. 131(633), pages 70-100.
    3. Hanna Maoh & Pavlos Kanaroglou, 2007. "Business establishment mobility behavior in urban areas: a microanalytical model for the City of Hamilton in Ontario, Canada," Journal of Geographical Systems, Springer, vol. 9(3), pages 229-252, September.
    4. Conroy, Tessa & Deller, Steven & Tsvetkova, Alexandra, 2016. "Regional business climate and interstate manufacturing relocation decisions," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 155-168.
    5. Hyungjo Hur & Keumseok Koh, 2023. "Why and Where Do Highly Educated Workers Relocate? A National-Level Analysis across U.S. Census Regions," Sustainability, MDPI, vol. 15(2), pages 1-23, January.
    6. Tessa Conroy & Steven Deller & Alexandra Tsvetkova, 2017. "Interstate Relocation Of Manufacturers And Business Climate," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 29(1), pages 18-45, March.
    7. Balbontin, Camila & Hensher, David A., 2021. "Understanding business location decision making for transport planning: An investigation of the role of process rules in identifying influences on firm location," Journal of Transport Geography, Elsevier, vol. 91(C).
    8. Rau, Henrike & Popp, Monika & Namberger, Philipp & Mögele, Michael, 2019. "Short distance, big impact: The effects of intra-city workplace relocation on staff mobility practices," Journal of Transport Geography, Elsevier, vol. 79(C), pages 1-1.
    9. repec:rre:publsh:v:38:y:2008:i:1:p:67-88 is not listed on IDEAS
    10. Youngsoo An & Li Wan, 2019. "Monitoring Spatial Changes in Manufacturing Firms in Seoul Metropolitan Area Using Firm Life Cycle and Locational Factors," Sustainability, MDPI, vol. 11(14), pages 1-22, July.
    11. Antonin BERGEAUD & Simon RAY, 2018. "Adjustment costs and factor demand: some lessons from corporate real estate," Rue de la Banque, Banque de France, issue 64, June.
    12. Charles Swenson, 2023. "City Business Taxes and Retail Firm Relocation Decisions," Applied Economics and Finance, Redfame publishing, vol. 10(1), pages 1-19, February.
    13. Vanessa Persillet Shonkwiler & John Scott Shonkwiler, 2013. "Determinants of firm relocation. A study of agro-food processors," Working Papers hal-01467939, HAL.
    14. Josep‐Maria Arauzo‐Carod & Daniel Liviano‐Solis & Miguel Manjón‐Antolín, 2010. "Empirical Studies In Industrial Location: An Assessment Of Their Methods And Results," Journal of Regional Science, Wiley Blackwell, vol. 50(3), pages 685-711, August.
    15. Federica Rossi & Magdalena Dej, 2020. "Where do firms relocate? Location optimisation within and between Polish metropolitan areas," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 64(3), pages 615-640, June.
    16. Monica Escaleras & Charles A. Register, 2011. "Natural Disasters and Foreign Direct Investment," Land Economics, University of Wisconsin Press, vol. 87(2), pages 346-363.
    17. Eric Rugraff & Magdolna Sass, 2016. "Voting for staying. Why didn’t the foreign-owned automotive component suppliers relocate their activity from Hungary to lower-wage countries as a response to the economic crisis?," Post-Communist Economies, Taylor & Francis Journals, vol. 28(1), pages 16-33, January.
    18. Francisco Parejo & Amélia Branco & João Carlos Lopes & José Rangel Preciado, 2013. "Regional Integration and Firm Location Choices: A Long Run Approach to the Cork Industry in the Iberian Peninsula," Working Papers Department of Economics 2013/18, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    19. Jan Ženka & Vladislav Čadil, 2009. "Regional distribution of technology-intensive manufacturing industries in the czech republic with an accent on risk of delocalisation," Prague Economic Papers, Prague University of Economics and Business, vol. 2009(1), pages 61-77.
    20. Manuel Artis & Raul Ramos & Jordi Suriñach, 2006. "Job losses, outsourcing and relocation, empirical evidence using microdata," IREA Working Papers 200601, University of Barcelona, Research Institute of Applied Economics, revised Dec 2006.
    21. Vanessa Persillet Author-X-Name- First: Vanessa Author-X-Name- Last: Persillet & John Scott Shonkwiler, 2013. "Determinants of firm relocation. A study of agro-food processors," Working Papers SMART 13-08, INRAE UMR SMART.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:eurpls:v:18:y:2009:i:5:p:709-735. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CEPS20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.