IDEAS home Printed from https://ideas.repec.org/a/eee/lauspo/v120y2022ics0264837722003039.html
   My bibliography  Save this article

Balancing the interaction between urban regeneration and flood risk management – A cost benefit approach in Ústí nad Labem

Author

Listed:
  • Hudson, Paul
  • Raška, Pavel
  • Macháč, Jan
  • Slavíková, Lenka

Abstract

Urban areas are hot spots of flood risk due to how urban development concentrates people and assets into hazard prone areas, reinforcing negative externalities on the welfare of urban residents. Mitigating flood risk in urban environments, however, is challenging. This is not only because the process generating flood risk is complex, but the objectives of city planners, residents and/or developers are also multi-faceted. Therefore, there are various trade-offs to be considered. One such problem across many areas of Europe and beyond is how to regenerate declined urban areas, to improve the welfare, prosperity, and image of the city. However, in turn, many areas within these cities will see this activity being traded-off against increased flood risk. Cost-benefit analysis represents a useful approach for assessing this trade-off, as a decision-support tool. In this paper we present an exploratory cost-benefit analysis of a potential urban regeneration project within the city of Ústí nad Labem (Czechia) that seeks to highlight the potential magnitude of such trade-offs that need to be more often actively considered as a core, rather than peripheral, element of urban regeneration. We present an exploratory framework that can be expanded upon and integrated into wider regeneration visions.

Suggested Citation

  • Hudson, Paul & Raška, Pavel & Macháč, Jan & Slavíková, Lenka, 2022. "Balancing the interaction between urban regeneration and flood risk management – A cost benefit approach in Ústí nad Labem," Land Use Policy, Elsevier, vol. 120(C).
  • Handle: RePEc:eee:lauspo:v:120:y:2022:i:c:s0264837722003039
    DOI: 10.1016/j.landusepol.2022.106276
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0264837722003039
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.landusepol.2022.106276?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Laura Nowzohour & Livio Stracca, 2020. "More Than A Feeling: Confidence, Uncertainty, And Macroeconomic Fluctuations," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 691-726, September.
    2. Paul Hudson & W. J. Wouter Botzen & Jennifer Poussin & Jeroen C. J. H. Aerts, 2019. "Impacts of Flooding and Flood Preparedness on Subjective Well-Being: A Monetisation of the Tangible and Intangible Impacts," Journal of Happiness Studies, Springer, vol. 20(2), pages 665-682, February.
    3. Hartmann, Thomas & Spit, Tejo, 2016. "Legitimizing differentiated flood protection levels – Consequences of the European flood risk management plan," Environmental Science & Policy, Elsevier, vol. 55(P2), pages 361-367.
    4. Pavel Raška & Monika Stehlíková & Kristýna Rybová & Tereza Aubrechtová, 2019. "Managing flood risk in shrinking cities: dilemmas for urban development from the Central European perspective," Water International, Taylor & Francis Journals, vol. 44(5), pages 520-538, July.
    5. W. J. Wouter Botzen & Howard Kunreuther & Jeffrey Czajkowski & Hans de Moel, 2019. "Adoption of Individual Flood Damage Mitigation Measures in New York City: An Extension of Protection Motivation Theory," Risk Analysis, John Wiley & Sons, vol. 39(10), pages 2143-2159, October.
    6. Lucas Bretschger & Karen Pittel, 2020. "Twenty Key Challenges in Environmental and Resource Economics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(4), pages 725-750, December.
    7. Jason Thistlethwaite, 2017. "The Emergence of Flood Insurance in Canada: Navigating Institutional Uncertainty," Risk Analysis, John Wiley & Sons, vol. 37(4), pages 744-755, April.
    8. Thomas Hartmann & Tejo Spit, 2014. "Frontiers of land and water governance in urban regions," Water International, Taylor & Francis Journals, vol. 39(6), pages 791-797, October.
    9. Chloe H. Lucas & Kate I. Booth, 2020. "Privatizing climate adaptation: How insurance weakens solidaristic and collective disaster recovery," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(6), November.
    10. Michaela Trippl & Anne Otto, 2009. "How to Turn the Fate of Old Industrial Areas: A Comparison of Cluster-Based Renewal Processes in Styria and the Saarland," Environment and Planning A, , vol. 41(5), pages 1217-1233, May.
    11. Jan Huizinga & Hans de Moel & Wojciech Szewczyk, 2017. "Global flood depth-damage functions: Methodology and the database with guidelines," JRC Research Reports JRC105688, Joint Research Centre.
    12. Ladd, Helen F., 1994. "Fiscal impacts of local population growth: A conceptual and empirical analysis," Regional Science and Urban Economics, Elsevier, vol. 24(6), pages 661-686, December.
    13. Porntida Poontirakul & Charlotte Brown & Erica Seville & John Vargo & Ilan Noy, 2017. "Insurance as a Double-Edged Sword: Quantitative Evidence from the 2011 Christchurch Earthquake," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 42(4), pages 609-632, October.
    14. Heidi Kreibich & Philip Bubeck & Mathijs Vliet & Hans Moel, 2015. "A review of damage-reducing measures to manage fluvial flood risks in a changing climate," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(6), pages 967-989, August.
    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. Rauter, Magdalena & Kaufmann, Maria & Thaler, Thomas & Fuchs, Sven, 2020. "Flood risk management in Austria: Analysing the shift in responsibility-sharing between public and private actors from a public stakeholder's perspective," Land Use Policy, Elsevier, vol. 99(C).
    2. Jantsje M. Mol & W. J. Wouter Botzen & Julia E. Blasch & Hans de Moel, 2020. "Insights into Flood Risk Misperceptions of Homeowners in the Dutch River Delta," Risk Analysis, John Wiley & Sons, vol. 40(7), pages 1450-1468, July.
    3. Sebastian Seebauer & Philipp Babcicky, 2020. "The Sources of Belief in Personal Capability: Antecedents of Self‐Efficacy in Private Adaptation to Flood Risk," Risk Analysis, John Wiley & Sons, vol. 40(10), pages 1967-1982, October.
    4. W. J. Wouter Botzen & Érika Monteiro & Francisco Estrada & Giulia Pesaro & Scira Menoni, 2017. "Economic Assessment of Mitigating Damage of Flood Events: Cost–Benefit Analysis of Flood-Proofing Commercial Buildings in Umbria, Italy," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 42(4), pages 585-608, October.
    5. Osberghaus, Daniel & Botzen, Wouter & Kesternich, Martin & Iurkova, Ekaterina, 2022. "The Intention-Behavior Gap in Climate Change Adaptation," VfS Annual Conference 2022 (Basel): Big Data in Economics 264073, Verein für Socialpolitik / German Economic Association.
    6. Luca Gerotto & Paolo Pellizzari, 2021. "A replication of Pindyck’s willingness to pay: on the efforts required to obtain results," SN Business & Economics, Springer, vol. 1(5), pages 1-25, May.
    7. Franz Tödtling & Michaela Trippl, 2013. "Innovation and Knowledge Links in Metropolitan Regions: The Case of Vienna," Advances in Spatial Science, in: Johan Klaesson & Börje Johansson & Charlie Karlsson (ed.), Metropolitan Regions, edition 127, chapter 0, pages 451-472, Springer.
    8. Jens Hartwich & Jens Bölscher & Achim Schulte, 2014. "Impact of short-rotation coppice on water and land resources," Water International, Taylor & Francis Journals, vol. 39(6), pages 813-825, October.
    9. Ron Martin & Peter Sunley, 2011. "Conceptualizing Cluster Evolution: Beyond the Life Cycle Model?," Regional Studies, Taylor & Francis Journals, vol. 45(10), pages 1299-1318, November.
    10. Gunther Maier & Michaela Trippl, 2011. "New Knowledge for Old Regions? The Case of the Software Park Hagenberg in the Traditional Industrial Region of Upper Austria," ERSA conference papers ersa11p1830, European Regional Science Association.
    11. Emmanuel Apergis & Nicholas Apergis, 2021. "The impact of COVID-19 on economic growth: evidence from a Bayesian Panel Vector Autoregressive (BPVAR) model," Applied Economics, Taylor & Francis Journals, vol. 53(58), pages 6739-6751, December.
    12. Grigori Feiguine & Julia Solovjova, 2013. "ICT Investment and Internationalization of the Russian Economy," EIIW Discussion paper disbei196, Universitätsbibliothek Wuppertal, University Library.
    13. Michaela Trippl & Markus Grillitsch & Arne Isaksen & Tanja Sinozic, 2015. "Perspectives on Cluster Evolution: Critical Review and Future Research Issues," European Planning Studies, Taylor & Francis Journals, vol. 23(10), pages 2028-2044, October.
    14. Jaroslav Rusnák & Filip Lehocký, 2019. "Aglomeračné výhody a technologická náročnosť odvetví priemyselnej výroby na slovensku [Agglomeration Economies and Technology Intensity of Industry Sector in Slovakia]," Politická ekonomie, Prague University of Economics and Business, vol. 2019(4), pages 426-443.
    15. Filippo Beltrami & Fulvio Fontini & Monica Giulietti & Luigi Grossi, 2022. "The Zonal and Seasonal CO2 Marginal Emissions Factors for the Italian Power Market," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(2), pages 381-411, October.
    16. Mohamed Kefi & Binaya Kumar Mishra & Yoshifumi Masago & Kensuke Fukushi, 2020. "Analysis of flood damage and influencing factors in urban catchments: case studies in Manila, Philippines, and Jakarta, Indonesia," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 104(3), pages 2461-2487, December.
    17. Ruben Prütz & Peter Månsson, 2021. "A GIS-based approach to compare economic damages of fluvial flooding in the Neckar River basin under current conditions and future scenarios," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 108(2), pages 1807-1834, September.
    18. Vincent Caby & Lise Frehen, 2021. "How to Produce and Measure Throughput Legitimacy? Lessons from a Systematic Literature Review," Politics and Governance, Cogitatio Press, vol. 9(1), pages 226-236.
    19. Michele Loberto & Matteo Spuri, 2023. "The impact of flood risk on real estate wealth in Italy," Questioni di Economia e Finanza (Occasional Papers) 768, Bank of Italy, Economic Research and International Relations Area.
    20. Fæhn, Taran & Yonezawa, Hidemichi, 2021. "Emission targets and coalition options for a small, ambitious country: An analysis of welfare costs and distributional impacts for Norway," Energy Economics, Elsevier, vol. 103(C).

    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:eee:lauspo:v:120:y:2022:i:c:s0264837722003039. 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: Joice Jiang (email available below). General contact details of provider: https://www.journals.elsevier.com/land-use-policy .

    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.