The local economic impacts of regeneration projects: Evidence from UK’s Single Regeneration Budget

Henry Overman, Stephen Gibbons and Matti Sarvimäki ()

No 12311, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We study the local economic impacts of a major regeneration programme aimed at enhancing the quality of life of local people in deprived neighbourhoods in the UK. The analysis is based on a panel of firm and area level data available at small spatial scales. Our identification strategies involve: a) exploiting the fine spatial scale of our data to study how effects vary with distance to the intervention area; and b) comparing places close to treatment in early rounds of the programme with places close to treatment in future rounds. We consider the long run impact of schemes funded between 1995 and 1997 on outcomes up to 2009. Our estimates suggest that the programme increased workplace employment in the intervention area but this had no impact on the employment rates of local residents.

Keywords: Single regeneration budget; Regeneration; Employment; Neighbourhoods; Urban policy (search for similar items in EconPapers)
JEL-codes: H50 J08 R11 (search for similar items in EconPapers)
Date: 2017-09
New Economics Papers: this item is included in nep-eur, nep-lab and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://cepr.org/publications/DP12311 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Working Paper: The local economic impacts of regeneration projects: Evidence from UK’s Single Regeneration Budget (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:12311

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP12311

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().