Public Subsidy, Property Development, and Economic Activity: An Evaluation of Britain's Rural Development Commission's Redundant Building Grant

G Dabinett and P Lawless

Environment and Planning C, 1992, vol. 10, issue 2, 211-228

Abstract: The Rural Development Commission (RDC) operates the Redundant Building Grant (RBG) which is designed to bring redundant buildings in certain rural areas into commercial activity. In this paper a recent evaluation of the grant is outlined. At the national level RDC data can be used to describe the key characteristics of the grant. This evaluation is primarily based on data obtained from more than 400 applicants in nine counties. This information is employed to assess RBG within three parameters; the property market; economic consequences; and performance impact measures. Policy issues are raised in relation to the specificity of RBG and deadweight.

Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envirc:v:10:y:1992:i:2:p:211-228

DOI: 10.1068/c100211

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