Do urban agglomeration economies enhance the social profitability of rural roads? When all goods are traded at … families. In a closed, two-good economy with mobile labour, the effects of agglomeration economies depend on the … presence of empirically plausible elasticities of agglomeration economies when preferences are Cobb-Douglas and urban …

from total factor productivity originating from agglomeration economies and the spatial diffusion of productivity shocks …

and model specifications, as well as to controlling for the natural level of industrial agglomeration in a particular …

In the presence of agglomeration economies, the effects of a rural roads programme depend not only on the reduction in …, accompanied by some return migration, provided both cross-price effects in production and consumption and agglomeration economies … are sufficiently small. With empirically plausible elasticities of agglomeration economies, urban households may be worse …