Evaluating Urban Transport Improvements: Cost Benefit Analysis in the Presence of Agglomeration and Income Taxation.

There is a substantial empirical literature quantifying the positive relationship between city size and productivity. The paper draws out the implications of this productivity relationship for evaluations of urban transport improvements. A theoretical model is developed and used to derive a wider co...

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Bibliographic Details
Main Author: Venables, A
Format: Working paper
Language:English
Published: Centre for Economic Performance, LSE 2004