EconPapers    
Economics at your fingertips  
 

The Local Economic Impacts of Regeneration Projects: Evidence from UK's Single Regeneration Budget

Stephen Gibbons (), Henry Overman () and Matti Sarvimäki ()

SERC Discussion Papers from Spatial Economics Research Centre, LSE

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: R11 J08 H50 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eur, nep-geo, nep-lab and nep-ure
Date: 2017-08
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.spatialeconomics.ac.uk/textonly/SERC/pu ... nload/sercdp0218.pdf (application/pdf)

Related works:
Working Paper: The local economic impacts of regeneration projects: Evidence from UK's Single Regeneration Budget (2017) Downloads
Working Paper: The local economic impacts of regeneration projects: evidence from UK’s Single Regeneration Budget (2017) Downloads
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:cep:sercdp:0218

Access Statistics for this paper

More papers in SERC Discussion Papers from Spatial Economics Research Centre, LSE
Bibliographic data for series maintained by ().

 
Page updated 2019-03-09
Handle: RePEc:cep:sercdp:0218