Search results

1 – 2 of 2
Article
Publication date: 12 April 2023

Francesco Tajani, Debora Anelli, Felicia Di Liddo and Pierluigi Morano

The European Commission has established the reference value of the social discount rate (SDR) to be used in the cost-benefit analysis according to the subdivision of the states…

Abstract

Purpose

The European Commission has established the reference value of the social discount rate (SDR) to be used in the cost-benefit analysis according to the subdivision of the states relating to the beneficiaries of the Cohesion Fund. This criterion does not allow to adequately consider the economic, social and environmental conditions of each European states for ensuring an equitable and inclusive growth. The aimof the work is to provide an innovative methodology for assessing the “adjusted” SDR according to the socioeconomic and environmental conditions that differently affect the sustainable development of each European state.

Design/methodology/approach

Through the implementation of a methodological approach that consists of ordered and sequential phases and the synergic adoption of the Multi-Criteria Techniques with the Data Envelopment Analysis, a corrective coefficient of the SDR established by the European Commission is determined.

Findings

The results obtained for the 27 European states highlight how the different conditions of each of them could affect the correct choice of the SDR to be used in the Cost-Benefit Analysis.

Originality/value

The proposed research represents a useful reference for identifying national reference SDR values for each European state, consistent with its specificities and with the goals of inclusive growth of the countries and of social and territorial cohesion. Furthermore, the traceability of the methodology in its phases will allow to adapt the SDR to sudden events or exogenous shocks.

Details

Smart and Sustainable Built Environment, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2046-6099

Keywords

Article
Publication date: 22 July 2020

Pierluigi Morano, Francesco Tajani and Debora Anelli

The present research aims to develop and test an evaluation support model for decisions alert soil surface saving to be used in the redevelopment of abandoned and degraded…

Abstract

Purpose

The present research aims to develop and test an evaluation support model for decisions alert soil surface saving to be used in the redevelopment of abandoned and degraded properties through involvement of private developers.

Design/methodology/approach

Adapting operations research principles to the public–private partnership features that are typical of urban planning issues, the model pursues a complex objective function, that concerns urban parameters to be attributed to properties to be recovered. An elaboration of a Pareto-optimal frontier has defined possible scenarios for different trends of the variables under consideration.

Findings

The efficiency of the model is verified through application to a real case study concerning urban renewal of a property in disuse located in a city in Southern Italy. The outputs confirm the potentialities and flexibility of the proposed model to support urban planning decisions by improving the implementation of conservation policies, in terms of a reduced impact of urban transformation projects on the available natural land surface.

Practical implications

Depending on the objectives of public sector, the model can generate a range of urban parameter combinations to be attributed to the recovered properties to achieve low consumption of natural surfaces, with bargaining between the public and private sectors around these parameters. The model can also be used in the initial phases of the renewal initiative, when it is necessary to define the costs and the revenues involved or to assess alternative solutions capable of reducing impacts on the environment.

Originality/value

The model can be applied to identify the appropriate rewards in a project that can stimulate the private developers to realize further public infrastructures and services than minimum quantities established by the current local urban regulations. In this sense, the model represents an original scientific reference in the current strategies promoted by the European Union for achievement of a “no net land take” by 2050, aimed at reducing natural surface occupied by buildings and roads.

1 – 2 of 2