Following the crisis generated by the financialization of private realestate, construction prices have gradually decreased depriving the housing market of the necessary growth stimuli. Many countries have set up measures to revive this highly strategic area for the national economy. With reference to the Campania Region Law n. 19 dated 28 December 2009, known Housing Plan, this work has two objectives: to recognize the fundamental estimation problems that need to be solved in the implementation of the Campania Housing Plan; in addition, predict the effects of the regulations on the regional economy, both in overall terms as well as for each production sector, with particular attention being given to the construction industry. Regarding the first objective, the contents of the law are analysed on the basis of the principles that govern the appraisal. The consequences of the Campania Housing Plan on the economic system are then evaluated using input-output matrices, which are able to capture the structural relationships that exist among the various productive sectors. The numerical calculations require a preliminary investigation aimed at collecting a list of interventions approved by local governments in accordance to the Housing Plan. The cost of the works, as proposed in the applications submitted to the local administrations, is the input data for the implementation of the Social Accounting Matrix 2010 of the Campania Region.

Building Investments for the Revitalization of the Territory: A Multisectoral Model of Economic Analysis / De Mare, G.; Nestico', Antonio; Tajani, F.. - (2013), pp. 493-508. [10.1007/978-3-642-39646-5_36].

Building Investments for the Revitalization of the Territory: A Multisectoral Model of Economic Analysis

NESTICO', ANTONIO;F. Tajani
2013

Abstract

Following the crisis generated by the financialization of private realestate, construction prices have gradually decreased depriving the housing market of the necessary growth stimuli. Many countries have set up measures to revive this highly strategic area for the national economy. With reference to the Campania Region Law n. 19 dated 28 December 2009, known Housing Plan, this work has two objectives: to recognize the fundamental estimation problems that need to be solved in the implementation of the Campania Housing Plan; in addition, predict the effects of the regulations on the regional economy, both in overall terms as well as for each production sector, with particular attention being given to the construction industry. Regarding the first objective, the contents of the law are analysed on the basis of the principles that govern the appraisal. The consequences of the Campania Housing Plan on the economic system are then evaluated using input-output matrices, which are able to capture the structural relationships that exist among the various productive sectors. The numerical calculations require a preliminary investigation aimed at collecting a list of interventions approved by local governments in accordance to the Housing Plan. The cost of the works, as proposed in the applications submitted to the local administrations, is the input data for the implementation of the Social Accounting Matrix 2010 of the Campania Region.
2013
Computational Science and Its Applications – ICCSA 2013
9783642396458
housing market; regional economy; inter-sectorial matrices
02 Pubblicazione su volume::02a Capitolo o Articolo
Building Investments for the Revitalization of the Territory: A Multisectoral Model of Economic Analysis / De Mare, G.; Nestico', Antonio; Tajani, F.. - (2013), pp. 493-508. [10.1007/978-3-642-39646-5_36].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/1302939
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