Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2009-03-18
Number: 09-023/3
Author-Name: Caroline A. Rodenburg
Author-Workplace-Name: VU University Amsterdam
Author-Name: Peter Nijkamp
Author-Workplace-Name: VU University Amsterdam
Author-Name: Henri L.F. de Groot
Author-Workplace-Name: VU University Amsterdam
Author-Name: Erik T. Verhoef
Author-Email: everhoef@feweb.vu.nl
Author-Workplace-Name: VU University Amsterdam
Title: Residents' Benefits Evaluation of Urban Development Plans - A Willingnes-To-Accept Model for a Multi-functional Land Use Project in Amsterdam
Abstract: Urban 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 „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.
Classification-JEL: Q15, R52, O18
Keywords: multi-functional land use, stated preference, urban development
File-Url: https://papers.tinbergen.nl/09023.pdf
File-Format: application/pdf
File-Size: 439959 bytes
Handle: RePEc:tin:wpaper:20090023