IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-03690708.html
   My bibliography  Save this paper

Public Value Capture, Climate Change, and the 'Infrastructure Gap' in Coastal Development: Examining Evidence from France and Greece
[Captation de valeur foncière, changement climatique et le "déficit en infrastructure" sur les zones côtières: un regard sur les expériences en France et en Grèce]

Author

Listed:
  • Nikos Karadimitriou

    (The Bartlett School of Planning - UCL - University College of London [London])

  • Sonia Guelton

    (LAB'URBA - LAB'URBA - UPEM - Université Paris-Est Marne-la-Vallée - UPEC UP12 - Université Paris-Est Créteil Val-de-Marne - Paris 12, University of Paris-East Créteil)

  • Athanasios Pagonis

    (National Technical University of Athens, School of Architecture)

  • Silvia Sousa

    (Universidade do Porto = University of Porto, Research Centre for Territory, Transport and Environment - Universidade do Porto = University of Porto)

Abstract

This paper examines the role that two Public Value Capture (PVC) mechanisms could play in providing a source of funding for urban infrastructure in the case of two coastal areas in France and Greece. High development pressures in those areas have been exacerbated in recent times by the growing ‘informality of desire'. Therefore, in a context of climate change the two case study areas face the dual challenge of an increasing ‘investment gap' and increasing vulnerability. Although the estimated costs are still based on approximate calculations, they are substantive. Using primary and secondary data, as well as analysis of the legal and policy framework, the paper shows that ‘informality of desire' is not only tolerated but actually incentivised in both countries. This leads to substantial short-term financial benefits for private developers and property owners but also some gains for local authorities and central governments. However, the value captured via the legalisation fees and property taxation is not adequately ringfenced and in any case it is not enough to cover the infrastructure gap and the potential compensation in case of natural disasters

Suggested Citation

  • Nikos Karadimitriou & Sonia Guelton & Athanasios Pagonis & Silvia Sousa, 2022. "Public Value Capture, Climate Change, and the 'Infrastructure Gap' in Coastal Development: Examining Evidence from France and Greece [Captation de valeur foncière, changement climatique et le "," Post-Print halshs-03690708, HAL.
    • Handle: RePEc:hal:journl:halshs-03690708
    DOI: 10.3390/su14127019
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03690708
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-03690708/document
    Download Restriction: no
    File URL: https://libkey.io/10.3390/su14127019?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
    ---><---

    References listed on IDEAS

    as
    1. Lila Leontidou, 2014. "The crisis and its discourses: Quasi-Orientalist attacks on Mediterranean urban spontaneity, informality and joie de vivre," City, Taylor & Francis Journals, vol. 18(4-5), pages 551-562, October.
    2. Gianluca Egidi & Giovanni Quaranta & Luca Salvati & Filippo Gambella & Enrico Maria Mosconi & Antonio Giménez Morera & Andrea Colantoni, 2020. "Unraveling Causes and Consequences of International Retirement Migration to Coastal and Rural Areas in Mediterranean Europe," Land, MDPI, vol. 9(11), pages 1-15, October.
    3. Vejchodská, Eliška & Barreira, Ana Paula & Auziņš, Armands & Jürgenson, Evelin & Fowles, Steven & Maliene, Vida, 2022. "Bridging land value capture with land rent narratives," Land Use Policy, Elsevier, vol. 114(C).
    4. Thériault, Marius & Le Berre, Iwan & Dubé, Jean & Maulpoix, Adeline & Vandersmissen, Marie-Hélène, 2020. "The effects of land use planning on housing spread: A case study in the region of Brest, France," Land Use Policy, Elsevier, vol. 92(C).
    5. Natacha Aveline-Dubach & Guillaume Blandeau, 2019. "The political economy of transit value capture: The changing business model of the MTRC in Hong Kong," Urban Studies, Urban Studies Journal Limited, vol. 56(16), pages 3415-3431, December.
    6. Rebelo, Emília Malcata, 2017. "Land betterment capture revisited: A methodology for territorial plans," Land Use Policy, Elsevier, vol. 69(C), pages 392-407.
    7. Julie Rozenberg & Marianne Fay, 2019. "Beyond the Gap," World Bank Publications - Books, The World Bank Group, number 31291.
    8. Colin McFarlane, 2012. "Rethinking Informality: Politics, Crisis, and the City," Planning Theory & Practice, Taylor & Francis Journals, vol. 13(1), pages 89-108.
    9. Natacha Aveline-Dubach & Guillaume Blandeau, 2019. "The political economy of transit value capture: The changing business model of the MTRC in Hong Kong [L'économie politique de la captation de valeur foncière (Land value capture): le nouveau modèle," Post-Print halshs-02100616, HAL.
    10. Noah J. Durst & Jake Wegmann, 2017. "Informal Housing in the United States," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 41(2), pages 282-297, March.
    11. Hiroaki Suzuki & Robert Cervero & Kanako Iuchi, 2013. "Transforming Cities with Transit : Transit and Land-Use Integration for Sustainable Urban Development [Transformando las ciudades con el transporte público : integración del transporte público y el," World Bank Publications - Books, The World Bank Group, number 12233.
    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. Nikos Karadimitriou & Sonia Guelton & Athanasios Pagonis & Silvia Sousa, 2022. "Public Value Capture, Climate Change, and the ‘Infrastructure Gap’ in Coastal Development: Examining Evidence from France and Greece," Sustainability, MDPI, vol. 14(12), pages 1-17, June.
    2. Mouton, Morgan & Deraëve, Sophie & Guelton, Sonia & Poinsot, Philippe, 2023. "Negotiated windfalls: Mapping how public actors pursue and share land-value capture in Nanterre-la-Folie, France," Land Use Policy, Elsevier, vol. 131(C).
    3. Weihang Gong & Jing (Victor) Li & Mee Kam Ng, 2021. "Deciphering Property Development around High-Speed Railway Stations through Land Value Capture: Case Studies in Shenzhen and Hong Kong," Sustainability, MDPI, vol. 13(22), pages 1-16, November.
    4. Murray, Cameron & Gordon, Josh, 2021. "Land as airspace: How rezoning privatizes public space (and why governments should not give it away for free)," OSF Preprints v89fg, Center for Open Science.
    5. Colin Marx & Emily Kelling, 2019. "Knowing urban informalities," Urban Studies, Urban Studies Journal Limited, vol. 56(3), pages 494-509, February.
    6. Cory Parker, 2020. "Tent City: Patterns of Informality and the Partitioning of Sacramento," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 44(2), pages 329-348, March.
    7. Ferreri, Mara & Sanyal, Romola, 2022. "Digital informalisation: rental housing, platforms, and the management of risk," LSE Research Online Documents on Economics 112794, London School of Economics and Political Science, LSE Library.
    8. Yung Yau & Tin Choi Cheung, 2021. "Revisiting the Concept of the Property State: Private Landowners and Suburban Development in Hong Kong," American Journal of Economics and Sociology, Wiley Blackwell, vol. 80(2), pages 427-464, March.
    9. Sun, Guibo & Du, Yao, 2023. "New metro and subjective wellbeing among older people: A natural experiment in Hong Kong," Transportation Research Part A: Policy and Practice, Elsevier, vol. 169(C).
    10. Zhang, Fangzhu & Wu, Fulong, 2022. "Financialised urban development: Chinese and (South-)East Asian observations," Land Use Policy, Elsevier, vol. 112(C).
    11. Li, Xinjian & Love, Peter E.D. & Luo, Hanbin & Fang, Weili, 2022. "A systemic model for implementing land value capture to support urban rail transit infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 156(C), pages 90-112.
    12. Huadong Chen & Kai Zhao & Zhan Zhang & Haodong Zhang & Linjun Lu, 2024. "Methods for the Performance Evaluation and Design Optimization of Metro Transit-Oriented Development Sites Based on Urban Big Data," Land, MDPI, vol. 13(8), pages 1-23, August.
    13. Jung Hyun Woo, 2021. "Classification of TOD Typologies Based on Pedestrian Behavior for Sustainable and Active Urban Growth in Seoul," Sustainability, MDPI, vol. 13(6), pages 1-23, March.
    14. Raffaello Furlan & Asmaa AL-Mohannadi, 2020. "An Urban Regeneration Planning Scheme for the Souq Waqif Heritage Site of Doha," Sustainability, MDPI, vol. 12(19), pages 1-19, September.
    15. Ahmad Adeel & Bruno Notteboom & Ansar Yasar & Kris Scheerlinck & Jeroen Stevens, 2021. "Insights into the Impacts of Mega Transport Infrastructures on the Transformation of Urban Fabric: Case of BRT Lahore," Sustainability, MDPI, vol. 13(13), pages 1-32, July.
    16. Maria Rosaria Guarini & Pierluigi Morano & Alessandro Micheli & Francesco Sica, 2021. "Public-Private Negotiation of the Increase in Land or Property Value by Urban Variant: An Analytical Approach Tested on a Case of Real Estate Development," Sustainability, MDPI, vol. 13(19), pages 1-30, October.
    17. Shin, HaeRan & Chae, Sangwon, 2018. "Urbanisation and land use transition in a second-tier city: The emergence of small factories in Gimpo, South Korea," Land Use Policy, Elsevier, vol. 77(C), pages 534-541.
    18. Ahmad Adeel & Bruno Notteboom & Ansar Yasar & Kris Scheerlinck & Jeroen Stevens, 2021. "Sustainable Streetscape and Built Environment Designs around BRT Stations: A Stated Choice Experiment Using 3D Visualizations," Sustainability, MDPI, vol. 13(12), pages 1-21, June.
    19. Thi Mai Chi Nguyen & Hironori Kato & Le Binh Phan, 2020. "Is Built Environment Associated with Travel Mode Choice in Developing Cities? Evidence from Hanoi," Sustainability, MDPI, vol. 12(14), pages 1-16, July.
    20. Ibraeva, Anna & Correia, Gonçalo Homem de Almeida & Silva, Cecília & Antunes, António Pais, 2020. "Transit-oriented development: A review of research achievements and challenges," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 110-130.

    More about this item

    Keywords

    Public Value Capture; Climate Change; the infrastructure gap; coastal development; Athens Riviera; Vendée;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:hal:journl:halshs-03690708. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.