IDEAS home Printed from https://ideas.repec.org/a/sae/urbstu/v26y1989i6p559-571.html
   My bibliography  Save this article

Infrastructure Restoration as a Tool for Stimulating Urban Renewal— The Glasgow Canal

Author

Listed:
  • Kenneth J. Button

    (Applied Microeconomics Research Group, Department of Economics, Loughborough University)

  • David W. Pearce

    (Department of Economics, University College London)

Abstract

This paper is concerned with examining the economic implications of refurbishing major pieces of redundant urban infrastructure, taking the Forth and Clyde Canal as a case study. In particular, it focusses on the role that such infrastructure may play in assisting urban renewal. While conventional, comprehensive cost-benefit analysis techniques offer one broad approach to evaluating such projects, for both institutional and technical reasons, specific refinements are often necessary. A central theme of the paper is that there is a need to develop a tractable framework of economic appraisal for major urban refurbishment projects given the institutional constraints imposed by the funding agencies.

Suggested Citation

  • Kenneth J. Button & David W. Pearce, 1989. "Infrastructure Restoration as a Tool for Stimulating Urban Renewal— The Glasgow Canal," Urban Studies, Urban Studies Journal Limited, vol. 26(6), pages 559-571, December.
  • Handle: RePEc:sae:urbstu:v:26:y:1989:i:6:p:559-571
    DOI: 10.1080/00420988920080671
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1080/00420988920080671
    Download Restriction: no

    File URL: https://libkey.io/10.1080/00420988920080671?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Nash, Christopher A & Pearce, David W & Stanley, John K, 1975. "An Evaluation of Cost-Benefit Analysis Criteria," Scottish Journal of Political Economy, Scottish Economic Society, vol. 22(2), pages 121-134, June.
    2. Peter Gripaios, 1977. "Industrial Decline in London: An Examination of its Causes," Urban Studies, Urban Studies Journal Limited, vol. 14(2), pages 181-189, June.
    3. Sugden, Robert & Williams, Alan, 1978. "The Principles of Practical Cost-Benefit Analysis," OUP Catalogue, Oxford University Press, number 9780198770411.
    4. I.C.R. Byatt, 1984. "Byatt Report on Subsidies to British Export Credits," The World Economy, Wiley Blackwell, vol. 7(2), pages 163-178, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John Stanley & Janet Stanley, 2023. "Improving Appraisal Methodology for Land Use Transport Measures to Reduce Risk of Social Exclusion," Sustainability, MDPI, vol. 15(15), pages 1-18, August.
    2. Peter Mackie & John Nellthorp & James Laird, 2005. "Treatment of Induced Traffic," World Bank Publications - Reports 11796, The World Bank Group.
    3. Mark S. Thompson, 1983. "Health Versus Money," Medical Decision Making, , vol. 3(3), pages 285-297, August.
    4. Goswami, Indranil & Urminsky, Oleg, 2021. "Don’t fear the meter: How longer time limits bias managers to prefer hiring with flat fee compensation," Organizational Behavior and Human Decision Processes, Elsevier, vol. 162(C), pages 42-58.
    5. Lin, Tun & De Guzman, Franklin, 2007. "Tourism for pro-poor and sustainable growth: economic analysis of tourism projects," MPRA Paper 24994, University Library of Munich, Germany.
    6. Donald F. Vitaliano, 1992. "An economic assessment of the social costs of highway salting and the efficiency of substituting a new deicing material," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 11(3), pages 397-418.
    7. Anthony Boardman & Shaun Hargreaves-Heap, 1999. "Network Externalities and Government Restrictions on Satellite Broadcasting of Key Sporting Events," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 23(3), pages 165-179, August.
    8. Udo Ebert, 1986. "Equity and distribution in cost-benefit analysis," Journal of Economics, Springer, vol. 46(1), pages 67-78, December.
    9. Hultkrantz, Lars & Svensson, Mikael, 2012. "A Comparison of Benefit Cost and Cost Utility Analysis in Practice: Divergent Policies in Sweden," Working Papers 2012:5, Örebro University, School of Business.
    10. Marco Grasso, 2004. "Utilizzo e diffusione della valutazione economica dei beni," Others 0406002, University Library of Munich, Germany.
    11. Bengt Jönsson, 2006. "Time for a common standard for cost-effectiveness in Europe?," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 7(4), pages 223-224, December.
    12. Anthony Ogus, 1998. "Regulatory Appraisal: A Neglected Opportunity for Law and Economics," European Journal of Law and Economics, Springer, vol. 6(1), pages 53-68, July.
    13. Stuart S. Nagel, 1983. "Nonmonetary Variables in Benefit-Cost Evaluation," Evaluation Review, , vol. 7(1), pages 37-64, February.
    14. Shamim A. Siddiqui, 2014. "Riba, time value of money and discounting," Chapters, in: M. Kabir Hassan & Mervyn K. Lewis (ed.), Handbook on Islam and Economic Life, chapter 6, pages iii-iii, Edward Elgar Publishing.
    15. Nicholas Graves & Mary Courtney & Helen Edwards & Anne Chang & Anthony Parker & Kathleen Finlayson, 2009. "Cost-Effectiveness of an Intervention to Reduce Emergency Re-Admissions to Hospital among Older Patients," PLOS ONE, Public Library of Science, vol. 4(10), pages 1-9, October.
    16. Kristoffersson, Ida & Engelson, Leonid, 2016. "Efficiency and equity of congestion charges," Working papers in Transport Economics 2016:7, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    17. Shamim Ahmad Siddiqui, 2006. "The Controversy Over Time Value Of Money Among Contemporary Muslim Economists," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 2(2), pages 2-3.
    18. Mark Jit & Raymond Hutubessy, 2016. "Methodological Challenges to Economic Evaluations of Vaccines: Is a Common Approach Still Possible?," Applied Health Economics and Health Policy, Springer, vol. 14(3), pages 245-252, June.
    19. Sebastian Gurtner, 2013. "An analysis of the influence of framework aspects on the study design of health economic modeling evaluations," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 14(2), pages 221-230, April.
    20. Robert Sugden, 2015. "Consumers' surplus when individuals lack integrated preferences: A development of some ideas from Dupuit," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 22(6), pages 1042-1063, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:urbstu:v:26:y:1989:i:6:p:559-571. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.gla.ac.uk/departments/urbanstudiesjournal .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.