Economic impacts of São Paulo downtown rehabilitation: a simplified approach with micro-foundations
评估了2002年巴西圣保罗市中心复兴提案的经济影响，通过一个基于微观基础的简化模型，预测了该提案对家庭收入结构和企业行业分布的影响，为城市更新项目的成本效益分析提供了方法参考。
Economic impacts of São Paulo downtown rehabilitation: a simplified approach with micro-foundations. Regional Studies. This paper evaluates the 2002 city proposal for renewing downtown São Paulo in Brazil. The model proposed estimates the impact on the composition of families by income strata and firms by industry if the proposal were actually implemented. Employment is key for downtown São Paulo because the deterioration of the area started when companies moved out, thereby reducing the incentive to live downtown. This paper contributes to the study of renovation programmes in terms of methodology, proposing a cost-effective strategy for forecasting fundamental variables and to the discussion of the future of downtown São Paulo, sharing characteristics with other cities.