Assessing benefits of slum upgrading programs in second-best settings:
"Slum upgrading programs are being used by national and city governments in many countries to improve the welfare of households living in slum and squatter settlements. These programs typically include a combination of improvements in neighborhood infrastructure, land tenure, and building quali...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
[2006]
|
| Schriftenreihe: | Policy research working paper
3993 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | "Slum upgrading programs are being used by national and city governments in many countries to improve the welfare of households living in slum and squatter settlements. These programs typically include a combination of improvements in neighborhood infrastructure, land tenure, and building quality. In this paper, the authors develop a dynamic general equilibrium model to compare the effectiveness of alternative slum upgrading instruments in a second-best setting with distortions in the land and credit markets. They numerically test the model using data from three Brazilian cities and find that the performance of in situ slum upgrading depends on the severity of land and credit market distortions and how complementary policy initiatives are being implemented to correct for these problems. Pre-existing land supply and credit market distortions reduce the benefit-cost ratios across interventions, and change the rank ordering of preferred interventions. In the light of these findings, it appears that partial equilibrium analysis used in typical cost-benefit work overstates the stream of net benefits from upgrading interventions and may in fact propose a misleading sequence of interventions. "--World Bank web site |
| Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 8/21/2006 |
| Beschreibung: | 1 Online-Ressource |
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| 520 | 3 | |a "Slum upgrading programs are being used by national and city governments in many countries to improve the welfare of households living in slum and squatter settlements. These programs typically include a combination of improvements in neighborhood infrastructure, land tenure, and building quality. In this paper, the authors develop a dynamic general equilibrium model to compare the effectiveness of alternative slum upgrading instruments in a second-best setting with distortions in the land and credit markets. They numerically test the model using data from three Brazilian cities and find that the performance of in situ slum upgrading depends on the severity of land and credit market distortions and how complementary policy initiatives are being implemented to correct for these problems. Pre-existing land supply and credit market distortions reduce the benefit-cost ratios across interventions, and change the rank ordering of preferred interventions. In the light of these findings, it appears that partial equilibrium analysis used in typical cost-benefit work overstates the stream of net benefits from upgrading interventions and may in fact propose a misleading sequence of interventions. "--World Bank web site | |
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| spelling | Dasgupta, Basab 1967- Verfasser aut Assessing benefits of slum upgrading programs in second-best settings Basab Dasgupta, Somik V. Lall [Washington, D.C] World Bank [2006] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3993 Includes bibliographical references Title from PDF file as viewed on 8/21/2006 "Slum upgrading programs are being used by national and city governments in many countries to improve the welfare of households living in slum and squatter settlements. These programs typically include a combination of improvements in neighborhood infrastructure, land tenure, and building quality. In this paper, the authors develop a dynamic general equilibrium model to compare the effectiveness of alternative slum upgrading instruments in a second-best setting with distortions in the land and credit markets. They numerically test the model using data from three Brazilian cities and find that the performance of in situ slum upgrading depends on the severity of land and credit market distortions and how complementary policy initiatives are being implemented to correct for these problems. Pre-existing land supply and credit market distortions reduce the benefit-cost ratios across interventions, and change the rank ordering of preferred interventions. In the light of these findings, it appears that partial equilibrium analysis used in typical cost-benefit work overstates the stream of net benefits from upgrading interventions and may in fact propose a misleading sequence of interventions. "--World Bank web site Online-Ausg Also available in print Quality of life Brazil Case studies Slums Brazil Case studies Urban renewal Brazil Case studies Lall, Somik V. Sonstige oth World Bank Sonstige oth Dasgupta, Basab Assessing benefits of slum upgrading programs in second-best settings http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3993 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Dasgupta, Basab 1967- Assessing benefits of slum upgrading programs in second-best settings Quality of life Brazil Case studies Slums Brazil Case studies Urban renewal Brazil Case studies |
| title | Assessing benefits of slum upgrading programs in second-best settings |
| title_auth | Assessing benefits of slum upgrading programs in second-best settings |
| title_exact_search | Assessing benefits of slum upgrading programs in second-best settings |
| title_exact_search_txtP | Assessing benefits of slum upgrading programs in second-best settings |
| title_full | Assessing benefits of slum upgrading programs in second-best settings Basab Dasgupta, Somik V. Lall |
| title_fullStr | Assessing benefits of slum upgrading programs in second-best settings Basab Dasgupta, Somik V. Lall |
| title_full_unstemmed | Assessing benefits of slum upgrading programs in second-best settings Basab Dasgupta, Somik V. Lall |
| title_short | Assessing benefits of slum upgrading programs in second-best settings |
| title_sort | assessing benefits of slum upgrading programs in second best settings |
| topic | Quality of life Brazil Case studies Slums Brazil Case studies Urban renewal Brazil Case studies |
| topic_facet | Quality of life Brazil Case studies Slums Brazil Case studies Urban renewal Brazil Case studies |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3993 |
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