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WORKSHOP PROCEEDINGS
Tourism & creative industry . Valencia, July, 11&12th, 2013
evaluates the results from the ABI (Area Based Initiative) announced in 1998
“New Deal for Communities” in at least five aspects: crime, education,
health, worklessness and housing.
On the other hand, many authors [7], [8], [9] highlight the role of historic
built environment in promoting economic and regional growth and
development-Optimal location models for state interventions could cover
several objectives, even multiple objectives; in this case, we will try to study
the public investment assignment among the different interventions, in
search of the most homogeneous impact for the neighborhood and the set
of possible locations as a whole. Assuming these interventions will generate
a series of positive externalities, we will try to look for the minimum variability
situation in which externalities will equally benefit all the neighborhood
areas, providing a greater cohesion and avoiding its internal segregation.
For this purpose, a model was designed in order to study the effect of the
public investment assignment among the different heritage locations in a
determined area.
Model
Considering the cases of Valencia and Alicante, in which urban regeneration
programs were not as successful as expected, a model is put forward whose
main target is greater homogeneity for the positive effects derived from the
externalities, with the aim of both better sustainable urban development
and internal cohesion in the neighborhood as a whole, by means of a
redistribution in the assignment of public investments among the intervention
locations.
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