The local economic impacts of regeneration projects: Evidence from UK's single regeneration budget

被引:10
|
作者
Gibbons, Stephen [1 ]
Overman, Henry [1 ]
Sarvimaki, Matti [2 ,3 ]
机构
[1] London Sch Econ, Dept Geog & Environm, London, England
[2] Aalto Univ, Sch Business, Helsinki Grad Sch Econ, Dept Econ, Espoo, Finland
[3] VATT Inst Econ Res, Helsinki, Finland
基金
英国经济与社会研究理事会;
关键词
Single regeneration budget; Regeneration; Employment; Neighbourhoods; Urban policy; ENTERPRISE ZONES; EMPLOYMENT;
D O I
10.1016/j.jue.2020.103315
中图分类号
F [经济];
学科分类号
02 ;
摘要
Many governments aim to improve the labour market outcomes of people living in deprived areas through "place making" initiatives. Economists are often sceptical about the effectiveness of such policies, but empirical evidence on their impacts remains limited. We examine the impact of building subsidised business floor space in deprived neighbourhoods in the UK. Our estimates suggest that while the ?8.2bn investment into these projects increased the number of jobs located in the targeted neighbourhoods, it did little to improve the employment of local residents.
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页数:11
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