Economic Equilibrium Analysis of Urban Village Renovation Projects from a Life Cycle Perspective

Luo Wei (), Fang Xiaotao, Jiang Zhi, Wei Qiang and Duan Fang
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Luo Wei: Chongqing architectural Design Institute Co., Ltd
Fang Xiaotao: Chongqing architectural Design Institute Co., Ltd
Jiang Zhi: Chongqing architectural Design Institute Co., Ltd
Wei Qiang: Chongqing Municipal Government Housing Management Office
Duan Fang: Chongqing Jiangbei District Real Estate Affairs Center

A chapter in Proceedings of the 2024 6th International Conference on Economic Management and Model Engineering (ICEMME 2024), 2025, pp 111-126 from Springer

Abstract: Abstract The transformation of urban villages is a major livelihood project to solve the urgent problems of the masses, and how to ensure the economic balance of income and expenditure during the life cycle of urban village transformation projects is an important means and path to guarantee the sustainable development of urban village transformation areas. This study optimises the life-cycle cost method by adding the time and capital perspectives in order to analyse the cost composition and expenditure sequence of the whole life cycle of the urban village renovation project, and to identify the key factors affecting the cost. The study analyses the economic balance of the project in the context of the project’s funding sources and its support scope, and finds that the urban village renovation project faces problems such as a long implementation cycle, a large amount of capital deposits, a small source of revenue, a high dependence on land revenue, and the existence of structural funding gaps, and that it needs to carry out strategic innovations in terms of the financial model, land supply, industrial coordination, and expropriation management in order to improve the economic balance of the urban village renovation project.

Keywords: Urban village renewal; economic equilibrium; life cycle costing approach (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-690-1_12

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DOI: 10.2991/978-94-6463-690-1_12

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