Sweet, Matthias - In: Urban Studies 51 (2014) 10, pp. 2088-2110
Traffic congestion alleviation has long been a common core transport policy objective, but it remains unclear under … (2001 to 2007). Using instrumental variables, results suggest that congestion slows job growth above thresholds of … congestion-induced travel delay impeding productivity growth. Results suggest that the strict policy focus on travel time savings …