The annals of the Economic Society, Wakayama University 10
2006-07-01 発行

Evaluation of regional policies in town centre areas in Japan

都市再生の価値と事業評価事業実施者の評価インデックスの作成
FullText File
DOI
Language
jpn
Start Page
1
End Page
27
Keywords
政策評価
中心市街地活性化
都市の価値
順序ロジットモデル
インデックス
Keywords Alternative
Policy assessments
revitalization of town centre areas
value of urban city
ordered logit model
index
Abstract Alternative
This paper examines the value assessment system on town revitalisation policies in rural areas in Japan. The paper is comprised of five sections: firstly, we briefly review previous literatures with a special reference to policy impact. Secondly, this paper looks at the evaluation system of policies, dividing assessed value into three categories, such as value calculated by DCF (discount cash flow) method, value consist of capital gains and qualitative values. Thirdly, we present empirical methodology such as ordered logit techniques and questionnaire data information. Fourthly, we discuss empirical results and develop index. Finally, the summary and conclusions are given. Our results suggest that the policy such as ' sales of special local goods in the rural area' has gained the highest point in our index framework. Policy such as providing infrastructure such as maintenance of commercial building with city produces the lowest mark in our index.
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