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spatial structure of the economy is fixed, they actually rise in the long-run when factors are mobile. Agglomeration may hence …
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A 2008 paper investigating the Regulatory Tax (RT) on office development in Britain (Cheshire & Hilber, 2008) provided evidence of very tight restrictions on office space going back at least 50 years. It was also argued that the RT measure tended to underestimate the full costs of restrictive...
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