The case for including agglomeration benefits within transport appraisal rests on an assumed causality between access … of transport projects. The results show a high degree of sensitivity to treatment for unobserved heterogeneity and to … agglomeration effects of transport investments cannot be interpreted causally. …

relatively small compared to confounding bias, suggesting that it is generally not a serious concern in many applied settings … -Structure tend to increase confounding bias more rapidly than M -Bias, suggesting that choosing to condition on any given …

This paper studies how firm heterogeneity in terms of productivity affects the balance between agglomeration and … endogenous markups. It shows that firm heterogeneity matters. However, whether it shifts the balance from agglomeration to … ‘evenness’. Accordingly, the role of firm heterogeneity in selection models of agglomeration can not be fully understood without …

This paper studies how firm heterogeneity in terms of productivity affects the balance between agglomeration and … endogenous markups. It shows that firm heterogeneity matters. However, whether it shifts the balance from agglomeration to … `evenness'. Accordingly, the role of firm heterogeneity in selection models of agglomeration can not be fully understood without …