Quantifying wider economic impacts of agglomeration for transport appraisal: existing evidence and future directions

Graham, Daniel J. and Gibbons, Stephen ORCID: 0000-0002-2871-8562 (2019) Quantifying wider economic impacts of agglomeration for transport appraisal: existing evidence and future directions. Economics of Transportation, 19. ISSN 2212-0122

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Abstract

This paper is concerned with the Wider Economic Impacts (WEIs) of transport improvements that arise via scale economies of agglomeration. It reviews the background theory and empirical evidence on agglomeration, explains the link between transport and agglomeration, and describes a three step procedure to appraise agglomeration impacts in a number of different settings. It includes new analytical work on measures of agglomeration and reports agglomeration-productivity elasticity estimates for the UK not previously published in the academic literature. The paper concludes with a set of recommendations for future empirical work on agglomeration and transport appraisal.

Item Type:	Article
Official URL:	https://www.sciencedirect.com/journal/economics-of...
Additional Information:	© 2019 The Authors
Divisions:	Geography & Environment
Subjects:	T Technology > T Technology (General) H Social Sciences > HB Economic Theory
Date Deposited:	13 Sep 2019 09:39
Last Modified:	16 Apr 2024 17:09
URI:	http://eprints.lse.ac.uk/id/eprint/101610

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