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Date: April 30, 2024 Tue
Time: 3:36 am
Time: 3:36 am
Results for cost benefit analysis (sydney)
1 results foundAuthor: Bevan, Terry Title: Sydney Night Time Economy: Cost Benefit Analysis. A Report for the City of Sydney Council Summary: Reading any study findings about a large, well known and highly regarded international city requires that we clarify certain key aspects of the study from the outset and that those key guidelines should be retained in perspective throughout. Therefore before reading Summary Findings we have provided the introductory note below. It is integral to those findings. We emphasise that: - This is a highly detailed examination of the key economic facets of what has become known as the Night Time Economy (NTE). This definition was not established by economists but by academics that have engaged with the NTE from the perspectives of perceived social impacts. - In considering all perspectives this study examines the NTE as an economic organism. - The geographic focus is the 'local government authority' (LGA) that is administered by the City Council of Sydney, which includes the CBD or 'Manhattan of Sydney' but also highly urbanised neighbourhoods and districts such as Kings Cross, Surrey Hills and Paddington as well as the Rocks. The latter, although administered by the Sydney Harbour Foreshore Authority, is included in our core geography for reasons of logical continuity. - Geographic comparisons are made with the larger 'Statistical Sydney' or -Metropolitan Sydney according to the Australian Bureau of Statistics' definition and to New South Wales. - Unsurprisingly the authors have found some difficulties in measuring what has not been measured or collated under one heading before but as experts in issues of NTE measurement we offer this study as the most reasonable and recent picture of the Sydney NTE and how it relates to the wider economy both as a centre of focus in the LGA and across New South Wales. - Improvements in measurements can certainly, and should be, made. There is considerable scope for this and we focus on possible improvements in Section 11 of the report - Technical Recommendations. This improvement will depend upon a proactive development of a relevant research programme. - As a sense check on these findings we have carried out a number of secondary comparisons. One of the most interesting is contained in Section 7.2.3 where we briefly compare Sydney with Westminster and the City of London. The differences are interesting and proportionate but in essence the characteristics and potential of the Sydney NTE is what should concern us. - In Section 8.4 below we introduce some perspectives that flow from a careful comparison of the modes and purposes of transport usage in the LGA for the averaged five years to 2005/6 and the five years to 2009/10. We cannot simply align this movement and purpose data with the economic outputs because the movement statistics have no precise economic crossover. However they give a valid and complementary snapshot and simply on daily comparative population movement statistics alone allow us to understand that the NTE economy does not overstretch the public transport system since the overall movements from 6 p.m. to 6 a.m. amount to no more than 19% of all movement in the weekend days of the latest time period. Less than 50% of these journeys are for social purposes. It is also clear from these statistics that we are right to leave retail out of current NTE economic measurement because shopping is such a tiny cited component of LGA movements after 6 p.m. Details: Newcastle upon Tyne: TBR, 2011. 103p. Source: Internet Resource: Accessed March 9, 2015 at: http://www.cityofsydney.nsw.gov.au/__data/assets/pdf_file/0006/131739/NightTimeEconomyCostBenefitAnalysisReport.pdf Year: 2011 Country: Australia URL: http://www.cityofsydney.nsw.gov.au/__data/assets/pdf_file/0006/131739/NightTimeEconomyCostBenefitAnalysisReport.pdf Shelf Number: 134773 Keywords: Alcohol Related Crime, DisorderCost Benefit Analysis (Sydney)Disorderly ConductEntertainment DistrictsNight Time Economy |