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Agglomeration, Productivity and Transport Investment

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  • Daniel J. Graham
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    Abstract

    This paper is concerned with the links between agglomeration, productivity, and transport investment. It develops an econometric model to investigate the relationship between the density of economic activity and productivity for different sectors of the UK economy. The motivation for exploring this theme is to test whether there might be any external agglomeration benefits that arise from the provision of transport infrastructure but that are not included in standard transport appraisals. The results show that there are positive externalities from increasing urban densities and that these can be substantial, particularly for service industries. © 2007 LSE and the University of Bath

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    File URL: http://www.catchword.com/cgi-bin/cgi?ini=bc&body=linker&reqidx=0022-5258(20070901)41:3L.317;1-
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    Bibliographic Info

    Article provided by London School of Economics and University of Bath in its journal Journal of Transport Economics and Policy.

    Volume (Year): 41 (2007)
    Issue (Month): 3 (September)
    Pages: 317-343

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    Handle: RePEc:tpe:jtecpo:v:41:y:2007:i:3:p:317-343

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    Web page: http://www.bath.ac.uk/e-journals/jtep

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    Cited by:
    1. Vickerman, Roger, 2008. "Transit investment and economic development," Research in Transportation Economics, Elsevier, vol. 23(1), pages 107-115, January.
    2. Weisbrod, Glen & Lynch, Teresa & Meyer, Michael, 2009. "Extending monetary values to broader performance and impact measures: Transportation applications and lessons for other fields," Evaluation and Program Planning, Elsevier, vol. 32(4), pages 332-341, November.
    3. Vickerman, Roger, 2008. "Provision of public transport under conflicting regulatory regimes," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(9), pages 1176-1182, November.
    4. Meunier, David & Quinet, Emile, 2010. "Tips and Pitfalls in PPP design," Research in Transportation Economics, Elsevier, vol. 30(1), pages 126-138.
    5. Yoshitsugu Kanemoto, 2012. "Cost-Benefit Analysis in Monopolistic Competition Models of Urban Agglomeration," GRIPS Discussion Papers 12-04, National Graduate Institute for Policy Studies.
    6. Rosa M. González-Marrero & Rosa M. Lorenzo-Alegría & Gustavo A. Marrero, 2011. "Los Efectos Territoriales de las Infraestructuras: La inversión en redes de alta velocidad ferroviaria," Economic Reports 05-2011, FEDEA.
    7. David Levinson, 2011. "Network Structure and City Size," Working Papers 000094, University of Minnesota: Nexus Research Group.

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