Do urban redevelopment projects attract jobs? Evidence from the Dutch National Restoration Fund
研究了荷兰一项保护城市历史建筑并促进其经济再利用的区位导向政策对当地劳动力市场的影响，发现项目直接吸引了就业和企业，但未逆转周边地区的衰退趋势。
We study the local labor market effects of a place-based policy aimed at the preservation and economic re-use of urban built heritage in the Netherlands. We use establishment-level labor market data and a difference-in-difference approach to identify both direct and spillover effects of these redevelopment projects on local labor markets. Our findings show that these projects tend to follow, and at times reinforce, processes of neighborhood change, targeting areas already experiencing relative labor market decline and shifts in the industry mix. While we do not find that these projects reverse or halt decline through local spillover effects, we do find clear direct effects: the projects attract jobs and firms to the redevelopment sites in numbers that outweigh the ongoing negative labor market trends, pointing to a distinct and positive local economic impact.