A spatial and statistical approach to evaluate London Opportunity areas policy and relevant factors’ significance

Abstract

ABSTRACT A mature developed urban area like London has various policy tools to trigger economic development and leverage poverty. The scale of economic inequality in London has called for more effective policy tools to leverage poverty and close the gaps of economic inequality. Opportunity Areas is one of the tools in urban regeneration to alleviate poverty and develop communities. After over a decade of the policy rollout we have little knowledge how effective this type of policy tool is. The project investigates how effective opportunity areas for economic growth and societal development in London. The key economic indicators including unemployment rate and house price were assessed at MSOA/ward levels in London to understand their spatial variation through GIS mapping. Subsequently, socio-economic factors of commercial land use, culture infrastructure and public transport accessibility were discussed and selected to explore whether they have impacts on the difference of economic performance within opportunity areas. The spatial impacts of these factors among wards/MSOA were evaluated by Geographically Weighted Regression. The research discussed these factors’ variations in Lee Valley, Park Royal and Croydon. Finally, this paper argued that local geographical context has limitations for small area growth corresponding to general policy and strategic management plan.