This paper uses highly disaggregate data to study the impact of a new metro on firm productivity. The planned-route IV methodology ensures the causality of results and a fine spatial scale detects the geographical scale of the impact. We find that within 750 meters to stations aggregate value...

This paper analyses the relationship between firms' multi-factor productivity and the effective employment density of the areas where they operate. Quantifying these agglomeration elasticities is of central importance in the evaluation of the wider economic benefits of transport investments. We...

This paper examines three key issues encountered when estimating the relationship between agglomeration and multi factor productivity (‘agglomeration elasticities’): the sorting of heterogeneous firms, the convexity of agglomeration effects, and the challenges of identifying the impact of...

In the paper, we test the effect of local development, regional and local policies on the location decisions and productivity of firms. Development indicators include local research and development activity or education while policy decisions used in this study encompass for example tax rates,...

This paper attempts to distinguish and estimate the direct and indirect effects of infrastructure on firm productivity. The latter arises from the infrastructure-agglomeration link and has been largely overlooked in the literature on infrastructure. An analytical framework is then developed to...

Our analysis of manufacturing plants sampled from India's major industrial centers shows large productivity gaps across cities. The gaps partly reflect differences in agglomeration economies and in market access. However, they are also explained to a greater extent by differences in the degree...

This paper analyses the location choices of new entrants to Auckland between 1996 and 2006, to identify a systematic relationship between residential location choices and features of local areas such as population density, the population composition of the area or its neighbourhood,...

This paper explores the roles of agglomeration economies and aggregate human capital in accounting for productivity variations across sub-national areas in 16 Latin American and Caribbean countries. We find that, while there is a strong and statistically positive relationship between worker...

The literature on regional disparities in China is both broad and deep. Nonetheless, much of its focus has been on the effects of trade liberalization and national policies toward investment in interior provinces. Few pieces have examined whether the disparities might simply be due to...

This paper examines the industry-specific attenuation speed of agglomeration economies and its interplay with the large presence of state-owned enterprises in China. We achieve this focus by taking advantage of unique geo-coded administrative data on the universe of Chinese manufacturing firms....