Do urban redevelopment projects attract jobs? Evidence from the Dutch National Restoration Fund
Niels M. Kuiper,
Mark van Duijn and
Arno J. van der Vlist
Regional Science and Urban Economics, 2025, vol. 114, issue C
Abstract:
We study the local labor market effects of a place-based policy aimed at the preservation and economic re-use of urban built heritage in the Netherlands. We use establishment-level labor market data and a difference-in-differences approach to identify both direct and spillover effects of these redevelopment projects on local labor markets. Our findings show that these projects tend to follow, and at times reinforce, processes of neighborhood change, targeting areas already experiencing relative labor market decline and shifts in the industry mix. While we do not find that these projects reverse or halt decline through local spillover effects, we do find clear direct effects: the projects attract jobs and firms to the redevelopment sites in numbers that outweigh the ongoing negative labor market trends, pointing to a distinct and positive local economic impact.
Keywords: Place-based policies; Redevelopment; Labor market effects; Urban regeneration; Built heritage (search for similar items in EconPapers)
JEL-codes: H43 H50 R0 R30 R38 R52 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:114:y:2025:i:c:s016604622500047x
DOI: 10.1016/j.regsciurbeco.2025.104130
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