, leading to decreasing aggregate value added. This finding is interpreted as empirical proof for the agglomeration shadow …

the areas where they operate. Quantifying these agglomeration elasticities is of central importance in the evaluation of … the wider economic benefits of transport investments. We estimate agglomeration elasticities using the Statistics New … present separate estimates of agglomeration elasticities for specific industries and regions, and examine the interaction of …

The case for including agglomeration benefits within transport appraisal rests on an assumed causality between access … agglomeration being used. The purpose of this paper is to demonstrate some of the key difficulties that the researcher faces in … estimating agglomeration economies and to show how these can affect the calculation of agglomeration benefits for the appraisal …