EconPapers    
Economics at your fingertips  
 

Evaluating urban transport improvements: cost benefit analysis in the presence of agglomeration and income taxation

Anthony Venables ()

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: There is a substantial empirical literature quantifying the positive relationship between city size and productivity. The paper draws out the implications of this productivity relationship for evaluations of urban transport improvements. A theoretical model is developed and used to derive a wider cost-benefit measure that includes productivity effects. The order of magnitude of such effects is illustrated by calculations in a simple computable equilibrium model. It is argued tht productivity effects, particularly when combined with distortionary taxation, are quantitatively important, substantially increasing the gains that are created by urban transport improvements.

Keywords: Agglomeration; productivity; urban transport (search for similar items in EconPapers)
JEL-codes: R20 R42 (search for similar items in EconPapers)
Date: 2004-09
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://eprints.lse.ac.uk/2205/ Open access version. (application/pdf)

Related works:
Journal Article: Evaluating Urban Transport Improvements: Cost-Benefit Analysis in the Presence of Agglomeration and Income Taxation (2007) Downloads
Working Paper: Evaluating Urban Transport Improvements: Cost Benefit Analysis in the Presence of Agglomeration and Income Taxation (2004) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:2205

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().

 
Page updated 2019-11-10
Handle: RePEc:ehl:lserod:2205