TY - JOUR
T1 - Residents' Benefits of Multi-functional Land-Use Projects: A Stated Preference Approach to a Case Study in Amsterdam
AU - Rodenburg, C.A.
AU - Nijkamp, P.
AU - de Groot, H.L.F.
AU - Verhoef, E.T.
PY - 2011
Y1 - 2011
N2 - Urban re-development projects 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 (namely, 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. © 2011 Copyright Taylor and Francis Group, LLC.
AB - Urban re-development projects 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 (namely, 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. © 2011 Copyright Taylor and Francis Group, LLC.
U2 - 10.1080/13563475.2011.618338
DO - 10.1080/13563475.2011.618338
M3 - Article
SN - 1356-3475
VL - 16
SP - 397
EP - 417
JO - International Planning Studies
JF - International Planning Studies
IS - 4
ER -
