The local economic impacts of regeneration projects: Evidence from UK's single regeneration budget
Stephen Gibbons (),
Henry Overman () and
Matti Sarvimäki ()
Journal of Urban Economics, 2021, vol. 122, issue C
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.
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)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Working Paper: The local economic impacts of regeneration projects: evidence from UK’s single regeneration budget (2021)
Working Paper: The Local Economic Impacts of Regeneration Projects: Evidence from UK's Single Regeneration Budget (2017)
Working Paper: The local economic impacts of regeneration projects: Evidence from UK's Single Regeneration Budget (2017)
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)
Persistent link: https://EconPapers.repec.org/RePEc:eee:juecon:v:122:y:2021:i:c:s0094119020300863
Access Statistics for this article
Journal of Urban Economics is currently edited by S.S. Rosenthal and W.C. Strange
More articles in Journal of Urban Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().