Gibbons, Stephen; Lyytikainen, Teemu; Overman, Henry G.; … - London School of Economics (LSE) - 2012
This paper estimates the impact of road improvements on firm employment and productivity using plant level longitudinal …, but not the employment of existing firms. We also find effects on labour productivity and wages at the firm level … (electoral wards), but no employment response at plant level. This suggests that road construction affects firm entry and exit …