Meta-Synthesis of Land Value Capture (LVC) Mechanism and Its Instruments
The rapid pace of urbanization and the growing demand for urban development have precipitated financial crises in cities worldwide, particularly in funding essential projects. Traditional revenue sources are insufficient to meet the substantial costs of urban initiatives, resulting in a significant...
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University of Isfahan
2024-12-01
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| Series: | اقتصاد شهری |
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| Online Access: | https://ue.ui.ac.ir/article_29249_72c565875ac8cfe8e0621d5d54b669f2.pdf |
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| author | Mahsa Fatahian Homayoon Nooraie Reza Nasr Esfahani |
| author_facet | Mahsa Fatahian Homayoon Nooraie Reza Nasr Esfahani |
| author_sort | Mahsa Fatahian |
| collection | DOAJ |
| description | The rapid pace of urbanization and the growing demand for urban development have precipitated financial crises in cities worldwide, particularly in funding essential projects. Traditional revenue sources are insufficient to meet the substantial costs of urban initiatives, resulting in a significant financial gap between escalating expenditures and stagnant income streams. The Land Value Capture (LVC) mechanism, a collection of innovative financial tools, has gained global recognition as an effective strategy to alleviate the financial pressures of urban development. This study introduces the LVC mechanism to the Persian academic urban planning community for the first time, systematically categorizing its implementation tools using the meta-synthesis method. Data collection involved document analysis and a comprehensive literature review, adhering to the inclusion and exclusion criteria of the PRISMA systematic review method. The data was analyzed through open and axial coding, followed by categorization. The proposed research model classifies LVC tools into four categories: tax and fee mechanisms, regulatory adjustments, public-private partnerships, and public asset and property management. It further identifies the instruments within each category and examines their application across various countries. |
| format | Article |
| id | doaj-art-b7b4c50e99234d02a22a3ea9893cd6a0 |
| institution | Kabale University |
| issn | 2588-4867 |
| language | fas |
| publishDate | 2024-12-01 |
| publisher | University of Isfahan |
| record_format | Article |
| series | اقتصاد شهری |
| spelling | doaj-art-b7b4c50e99234d02a22a3ea9893cd6a02025-08-20T03:29:58ZfasUniversity of Isfahanاقتصاد شهری2588-48672024-12-0192314610.22108/ue.2024.142669.129629249Meta-Synthesis of Land Value Capture (LVC) Mechanism and Its InstrumentsMahsa Fatahian0Homayoon Nooraie1Reza Nasr Esfahani2P.h.D Candidate of Urban Planning, Faculty of Architecture and Urban Planning, Art University of Isfahan, Isfahan, IranAssociate Professor of Urban and Regional Planning, Faculty of Architecture and Urban Planning, Art University of Isfahan, Isfahan, IranAssociate Professor of Urban Economic, Faculty of Entrepreneurship and Economics, Art University of Isfahan, Isfahan, IranThe rapid pace of urbanization and the growing demand for urban development have precipitated financial crises in cities worldwide, particularly in funding essential projects. Traditional revenue sources are insufficient to meet the substantial costs of urban initiatives, resulting in a significant financial gap between escalating expenditures and stagnant income streams. The Land Value Capture (LVC) mechanism, a collection of innovative financial tools, has gained global recognition as an effective strategy to alleviate the financial pressures of urban development. This study introduces the LVC mechanism to the Persian academic urban planning community for the first time, systematically categorizing its implementation tools using the meta-synthesis method. Data collection involved document analysis and a comprehensive literature review, adhering to the inclusion and exclusion criteria of the PRISMA systematic review method. The data was analyzed through open and axial coding, followed by categorization. The proposed research model classifies LVC tools into four categories: tax and fee mechanisms, regulatory adjustments, public-private partnerships, and public asset and property management. It further identifies the instruments within each category and examines their application across various countries.https://ue.ui.ac.ir/article_29249_72c565875ac8cfe8e0621d5d54b669f2.pdfland value capture (lvc) mechanismfinancing urban development projectsvalue capture instrumentsmeta-synthesis method |
| spellingShingle | Mahsa Fatahian Homayoon Nooraie Reza Nasr Esfahani Meta-Synthesis of Land Value Capture (LVC) Mechanism and Its Instruments اقتصاد شهری land value capture (lvc) mechanism financing urban development projects value capture instruments meta-synthesis method |
| title | Meta-Synthesis of Land Value Capture (LVC) Mechanism and Its Instruments |
| title_full | Meta-Synthesis of Land Value Capture (LVC) Mechanism and Its Instruments |
| title_fullStr | Meta-Synthesis of Land Value Capture (LVC) Mechanism and Its Instruments |
| title_full_unstemmed | Meta-Synthesis of Land Value Capture (LVC) Mechanism and Its Instruments |
| title_short | Meta-Synthesis of Land Value Capture (LVC) Mechanism and Its Instruments |
| title_sort | meta synthesis of land value capture lvc mechanism and its instruments |
| topic | land value capture (lvc) mechanism financing urban development projects value capture instruments meta-synthesis method |
| url | https://ue.ui.ac.ir/article_29249_72c565875ac8cfe8e0621d5d54b669f2.pdf |
| work_keys_str_mv | AT mahsafatahian metasynthesisoflandvaluecapturelvcmechanismanditsinstruments AT homayoonnooraie metasynthesisoflandvaluecapturelvcmechanismanditsinstruments AT rezanasresfahani metasynthesisoflandvaluecapturelvcmechanismanditsinstruments |