Explaining value capture implementation in New York, London, and Copenhagen: Negotiating distributional effects (Record no. 528533)

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fixed length control field 01696nam a22001457a 4500
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fixed length control field 241211b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Zoest, Simon Van and Daamen, Tom A.
245 ## - TITLE STATEMENT
Title Explaining value capture implementation in New York, London, and Copenhagen: Negotiating distributional effects
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Urban Affairs Review
300 ## - PHYSICAL DESCRIPTION
Extent 60(5), Sep, 2024: p.1349-1381
520 ## - SUMMARY, ETC.
Summary, etc Value capture (VC) is widely cited as a method for local authorities to provide urban public goods to their cities in the face of fiscal stress. Its application in practice however remains limited. In this article, we aim to explain the implementation process of VC as a strategy to fund public transportation infrastructure through case studies in London, New York, and Copenhagen. Adopting a theory of gradual institutional change, we argue that the implementation of VC depends on the capacity to change distributional institutions that are inherently contested. Particularly relevant is the role of the beneficiary, whose support of VC is necessary but not likely. Our results show that a strategic urban development project can act as a driver to overcome this barrier, but that this driver can, simultaneously, also hinder the institutionalization potential of a VC strategy. We therefore suggest that, for VC strategies to become more commonplace, sharing value uplifts among beneficiaries must become more commonplace too.- Reproduced

https://journals.sagepub.com/doi/full/10.1177/10780874231222174
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Institutional change, Physical ifrastructur3e, Urban development, Urban public polices Value capture.
9 (RLIN) 49446
773 ## - HOST ITEM ENTRY
Main entry heading Urban Affairs Review
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-12-11 60(5), Sep, 2024: p.1349-1381 AR133926 2024-12-11 Articles

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