Results

Journal article

Journal of Political Economy:

The economic dynamics of city structure: evidence from Hiroshima's recovery

We provide new theory and evidence on the resilience of the internal city structure after a large shock by analyzing the atomic bombing of Hiroshima. Exploiting newly digitized data, we document that the city structure r...Read more...

CEP discussion paper

Counting the costs: a quantitative assessment of Brexit?s effect on UK regional economies

This paper examines the implications of the EU-UK Trade and Cooperation Agreement (TCA) using a dynamic spatial general equilibrium model. Unlike previous studies that primarily projected potential impacts of Brexit base...Read more...

Journal article

Spatial Economic Analysis:

Digital network centrality and the structure of goods trade

This paper studies how digital infrastructure is associated with the spatial structure of international trade in goods. We embed data availability into a structural gravity framework, conceptualising it as an information...Read more...

CEP discussion paper

Digital network centrality and the structure of goods trade

This paper studies how digital infrastructure is associated with the spatial structure of international trade in goods. We embed data availability into a structural gravity framework, conceptualizing it as an information...Read more...

Journal article

Strategy Science:

Strategic confusopoly: evidence from the UK mobile telecommunications market

Can entire markets strategically confuse consumers to raise market prices? Using a detailed data set covering virtually all mobile phone tariffs and their handsets in the United Kingdom between January 2010 and September...Read more...

Journal article

Transactions of the Institute of British Geographers:

Finding stars: mapping the geography of the world's scientific elites

This paper presents the first systematic city-level mapping of global scientific talent, analysing the top 200,000 star scientists across 3635 cities worldwide annually between 2019 and 2023. We use a novel Knowledge Gen...Read more...

Journal article

Regional studies:

Can more housing supply improve affordability? A subnational perspective from Portugal

We investigate the impact of housing supply on affordability in rapidly appreciating subnational markets in Portugal. Our spatial econometric model confirms a negative relation between housing stock and prices, yet predi...Read more...

CentrePiece article

Hiroshima: urban resilience after the atomic bomb

Why the city centre re-emerged from destruction....Read more...

Journal article

Economics of Education Review:

Home broadband and human capital formation

Using administrative data from England, we estimate the effect of home broadband speed on student-level value-added test scores. Our primary estimation leverages jumps in connection quality between close neighbors across...Read more...

CEP discussion paper

Citizen training and the urban waste footprint

Diverting waste away from and zero waste to landfills are sustainability policy aims of local and national governments around the world, particularly in countries with large waste footprints from rapid consumption growth...Read more...

CEP discussion paper

Estimating labour market power: the long and short of it

This paper combines two empirical traditions in the study of employer monopsony power. One tradition estimates static firm labour supply elasticities, while the other focuses on labour market flows, estimating separation...Read more...

Blog

LSE British Politics and Policy:

Rethinking public investment in Greater Manchester's regeneration

Manchester United's proposed new stadium comes with a hefty price tag, and uncertainty over who will pay for it. Aadya Bahl argues that public funding for such projects might compete with Greater Manchester's broader eco...Read more...

CEP discussion paper

Firm dynamics and growth with soft budget constraints

We develop a model of endogenous growth and firm dynamics with soft budget constraints, where firms differ in their innovation speed and slower firms need additional financing in order to eventually innovate. As creditor...Read more...

Journal article

The Economic Journal:

Service offshoring and export experience

Service inputs significantly influence export costs and firm internationalisation. A new dataset on French firms? participation in global value chains reveals that experienced exporters are more likely to source services...Read more...

CEP discussion paper

Location choice when the number of jobs matters: matching in spatial equilibrium

The idea that people want to go to where the jobs are is intuitive yet is absent from the standard quantitative spatial modelling approach in which location choices are guided by prices, without reference to quantities (...Read more...

CEP discussion paper

Evaluating transport improvements in spatial equilibrium

The recent development of quantitative urban models provides a new set of tools for evaluating transport improvements. Conventional cost-benefit analyses are typically undertaken in partial equilibrium. In contrast, quan...Read more...

CEP discussion paper

Roads to development? Urbanization without growth in Zambia

This study explores the impacts of road improvements in a country characterized by "urbanization without growth". Our analysis reveals that, although road upgrades increase population growth, they do not significantly ad...Read more...

CEP discussion paper

Measuring quality of life under spatial frictions

Using a quantitative spatial model as a data-generating process, we explore how spatial frictions affect the measurement of quality of life. We find that under a canonical parameterization, mobility frictions - generated...Read more...

CEP discussion paper

Spatial economics

This paper reviews recent research in spatial economics. The field of spatial economics is concerned with the determinants and effects of the location of economic activity in geographic space. It analyses how geographica...Read more...

Journal article

Demography:

Population growth, immigration, and labor market dynamics

This article provides a first synthesis of population flows and labor market dynamics across immigrant and native-born populations. We devise a novel dynamic accounting methodology that integrates population flows from t...Read more...

Chapter

Happiness and spatial inequality: past, present, and future

in Encyclopedia of Happiness, Quality of Life and Subjective Wellbeing

Why are people happier in certain places as opposed to others? Understanding why people choose to live in a certain area, the elements they take into account when making this decision, and the value that they place on ea...Read more...

Journal article

Review of World Economics:

Curse or blessing? multinational corporations and labor market outcomes in Africa

Do multinational enterprises create local job opportunities in developing countries? We address this question in the context of Sub-Saharan Africa by combining information on domestic and foreign multinationals? affiliat...Read more...

Journal article

Oxford Open Economics:

Spatial disparities across labour markets

We consider disparities across local labour markets in Great Britain. Disparities in wages and employment rates are large and persistent, although smaller than 20 years ago. These disparities largely reflect the concentr...Read more...

Journal article

AEA Papers and Proceedings :

Negative weights are no concern in design-based specifications

Recent work shows that popular partially linear regression specifications can put negative weights on some treatment effects, potentially producing incorrectly signed estimands. We show that this is not an issue in desig...Read more...

CEP discussion paper

Why delay? Understanding the construction lag, aka the build out rate

We explore the determinants of the speed of residential development after dwelling construction starts. Using a sample of over 140,000 residential developments in England from 1996 to 2015 and employing an instrumental v...Read more...

CEP discussion paper

The economic dynamics of city structure: evidence from Hiroshima's recovery

We provide new theory and evidence on the resilience of the internal city structure after a large shock by analyzing the atomic bombing of Hiroshima. Exploiting newly digitized data, we document that the city structure r...Read more...

CEP discussion paper

Neighborhood effects: evidence from wartime destruction in London

We use the German bombing of London during the Second World War as an exogenous source of variation to provide evidence on neighborhood effects. We construct a newly-digitized dataset at the level of individual buildings...Read more...

CEP discussion paper

Endogenous mobility in pandemics: theory and evidence from the United States

We study infectious diseases in a spatial epidemiology model with forward-looking individuals who weigh disease environments against economic opportunities when moving across regions. This endogenous mobility allows regi...Read more...

CEP discussion paper

Home broadband and human capital formation

Using administrative data, we estimate the effect of home broadband speed on student-level value-added test scores. Our headline estimate relies on jumps in connection quality between close neighbours that occur across t...Read more...

CEP Insights

Insights: condensed

The Insights series is an introduction to the work of the Centre for Economic Performance (CEP). Each Insight highlights the contribution of CEP researchers to both academic understanding and policymaking in one area of ...Read more...

Blog

Vox EU:

New evidence on spatial wage inequality across North America and Western Europe

Spatial inequality has become a key policy concern across much of the advanced world, prompting a spate of government action on the issue in recent years. This column presents evidence showing that, contrary to the popul...Read more...

Blog

What Works Centre for Local Economic Growth:

What are spatial disparities?

Henry Overman explains what spatial disparities are, why we need to consider them when thinking about local economic growth policies and whether we should try to reduce them....Read more...

Blog

Centre for Cities City Talks:

City talks: what are the signs that the UK is levelling up? (Podcast)

Henry Overman speaks to Chief Executive Andrew Carter about how to measure the scale of the underperformance of cities in the UK and search for evidence that could point us towards the right solutions, in this podcast ep...Read more...

Journal article

Journal of International Economics:

Sequentially exporting products across countries

Exploiting disaggregated data on French exporters, we show that firms expand their product scope and geographical presence sequentially. This process of internationalization is uneven over time, exhibiting more volatilit...Read more...

Journal article

Econometrica:

Dynamic spatial general equilibrium

We incorporate forward-looking capital accumulation into a dynamic discrete choice model of migration. We characterize the steady-state equilibrium; generalize existing dynamic exact-hat algebra techniques to incorporate...Read more...

Journal article

Industrial and Corporate Change :

Industry concentration in Europe and North America

This paper presents new evidence on industry concentration at both the country and the world-region levels. It calculates country-level industry concentration measures from the novel data representative of the entire fir...Read more...

Journal article

Regional Science and Urban Economics :

Micro-geographic property price and rent indices

We develop a programming algorithm that predicts a balanced-panel mix-adjusted house price index for arbitrary spatial units from repeated cross-sections of geocoded micro data. The algorithm combines parametric and non-...Read more...

Journal article

Quantitative Economics:

Income dynamics in the United Kingdom and the impact of the Covid-19 recession

In this paper, we use an employer-based survey of earnings and hours to set out the key patterns in UK earnings dynamics from 1975 to 2020, with a particular focus on the most recent recession. We demonstrate that (log) ...Read more...

Journal article

Political Behaviour:

Does the number of candidates increase turnout? Causal evidence from two-round elections

A long-lasting question in comparative politics is whether the number of candidates/parties increases turnout. Existing observational studies on the topic find mixed results. We thus apply a regression discontinuity desi...Read more...

Journal article

The Quarterly Journal of Economics :

The slope of the Phillips Curve: evidence from US States

We estimate the slope of the Phillips curve in the cross section of U.S. states using newly constructed state-level price indices for nontradeable goods back to 1978. Our estimates indicate that the slope of the Phillips...Read more...

CEP discussion paper

Endogenous cross-region human mobility and pandemics

We study infectious diseases using a Susceptible-Infected-Recovered-Deceased model with endogenous cross-region human mobility. Individuals weigh the risk of infection against economic opportunities when moving across re...Read more...

Journal article

American Economic Journal: Applied Economics:

Neighbors' effects on university enrollment

This paper provides causal evidence that close neighbors signigicantly influence potential applicants' decision to attend university. I create a unique dataset combining detailed geographic information and individual edu...Read more...

Blog

Economics Observatory:

What would it take to level up the UK?

The government's levelling up agenda seeks to reduce disparities across the UK. Policies to boost economic performance will need to attract workers and firms away from London and the South East and improve opportunities ...Read more...

Journal article

Regional Science and Urban Economics:

What future for history dependence in spatial economics?

History (sometimes) matters for the location and sizes of cities and neighborhood segregation patterns within cities. Together with evidence on rapid neighborhood change and self-fulfilling expectations, this implies tha...Read more...

CEP discussion paper

Population growth, immigration and labour market dynamics

This paper examines the role of population flows on labour market dynamics across immigrant and native-born populations in the United Kingdom. Population flows are large, and cyclical, driven first by the maturation of b...Read more...

Journal article

Land Economics:

Urban land use fragmentation and human wellbeing

We study how land use fragmentation affects the life satisfaction of city dwellers. To this end, we calculate fragmentation metrics based on exact geographical coordinates of land use from the European Urban Atlas and of...Read more...

Journal article

International Economic Review:

Estimating border effects: the impact of spatial aggregation

Trade data are typically aggregated across space. In this article, we investigate the sensitivity of gravity estimation to spatial aggregation. We build a model in which micro regions are aggregated into macro regions. W...Read more...

CEP Insights

Cities and regions

Economic prosperity is very unevenly distributed across space. What causes some places to be richer and some poorer? Why do these spatial disparities matter - and what can policy do to reduce them? Economists studying ur...Read more...

CEP discussion paper

Dynamic spatial general equilibrium

We develop a dynamic spatial general equilibrium model with forward-looking investment and migration decisions. We characterize analytically the transition path of the spatial distribution of economic activity in respons...Read more...

CEP discussion paper

Service offshoring and export experience

Service inputs are a key component of the costs of exporting, and contribute to explain the process of internationalization of firms. A new dataset on the participation of French firms in global value chains reveals that...Read more...

CEP discussion paper

Sequential exporting across countries and products

How do exporters expand their product scope and geographical presence? We argue that new exporters are uncertain about their profitability in different countries and products, but learn it as they start to export. As a c...Read more...

CEP discussion paper

Why have house prices risen so much more than rents in superstar cities?

In most countries ? particularly in supply constrained superstar cities ? house prices have risen much more strongly than rents over the last two decades. We provide an explanation that does not rely on falling interest ...Read more...

CEP discussion paper

Quantifying the externalities of renewable energy plants using wellbeing data: the case of biogas

Although there is strong support for renewable energy plants, they are often met with local resistance. We quantify the externalities of renewable energy plants using well-being data. We focus on the example of biogas, o...Read more...

CEP discussion paper

Quality of life in a dynamic spatial model

We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatia...Read more...

CEP occasional paper

Regional differences in UK transport BCRs: an empirical assessment

The UK government uses a Value for Money (VfM) framework to help allocate infrastructure expenditure. At the core of this framework is a benefit to cost ratio (BCR) that is calculated using a set of established monetised...Read more...

Journal article

Journal of Urban Economics:

Land tenure and land-use in a developing city: a quantitative spatial model applied to Kampala, Uganda

Land rights and tenure systems are an important factor behind poor housing and inefficient land-use in developing country cities. In Kampala, Uganda, four systems of land tenure coexist, allowing a detailed study of the ...Read more...

Journal article

Journal of Development Economics:

The belt and road initiative: reshaping economic geography in Central Asia?

This paper develops a computable spatial equilibrium model of Central Asia and uses it to analyze the possible effects of the Belt and Road Initiative on the economy of the region. The model captures international and su...Read more...

CentrePiece article

People, places and politics: the challenge of 'levelling up' the UK

As has been much discussed since the election, economic performance varies widely among the towns, cities and regions of the UK. Henry Overman argues that policies to address these spatial disparities should be judged on...Read more...

CEP election analysis

People, places and politics

Economic performance varies widely between the towns, cities and regions of the UK. On some measures, this variation has widened since the financial crisis. These disparities have already proved to be a key theme in the ...Read more...

Journal article

Journal of Environmental Economics and Management:

Ease vs. noise: long-run changes in the value of transport (dis)amenities

For a complete cost-benefit analysis of durable infrastructures, it is important to understand how the value of non-market goods such as transit time and environmental quality changes as incomes rise in the long-run. We ...Read more...

CentrePiece article

In brief... Big city, bright future: why birthplace matters so much

How much does where you were born influence your future earnings? Analysing data from the British Household Panel Survey, Clement Bosquet and Henry Overman reveal that, on average, someone born in London in the 1970s ear...Read more...

CEP discussion paper

Industry concentration in Europe and North America

This report presents new evidence on industry concentration trends in Europe and in North America. It uses two novel data sources: representative firm-level concentration measures from the OECD MultiProd project, and bus...Read more...

CEP discussion paper

Should I stay or should I go? Neighbors' effects on university enrollment

This paper investigates whether the decision to attend university depends on university enrollment of close neighbors. I create a unique dataset combining detailed geographic information and educational records from diff...Read more...

CEP discussion paper

The best versus the rest: divergence across firms during the global productivity slowdown

We document that labor productivity of the globally most productive firms ? the ?frontier? ? has diverged from all other firms ? the ?rest? ? throughout the 2000s. This divergence remains after controlling for capital in...Read more...

CEP discussion paper

Ease versus noise: long-run changes in the value of transport (dis)amenities

For a complete cost-benefit analysis of durable infrastructures, it is important to understand how the value of non-market goods such as transit time and environmental quality changes as incomes rise in the long-run. We ...Read more...

CEP discussion paper

Commuting, migration and local joblessness

Britain suffers from persistent spatial disparities in employment rates. This paper develops an integrated framework for analyzing two forces expected to equalize economic opportunity across areas: commuting and migratio...Read more...

Journal article

IZA Journal of Labor Economics:

Reallocation and the role of firm composition effects on aggregate wage dynamics

Aggregate wages display little cyclicality compared to what a standard model would predict. Wage rigidities are an obvious candidate, but the existing literature has emphasized the need to take into account the growing i...Read more...

Journal article

Journal of Urban Economics:

Why does birthplace matter so much?

We consider the link between birthplace and wages. Using a unique panel dataset, we estimate a raw elasticity of wages with respect to birthplace size of 4.2%, two thirds of the 6.8% raw elasticity with respect to city s...Read more...

Journal article

International Journal of Industrial Organization:

Flex cars and competition in fuel retail markets

We study how the diffusion of flex (bi-fuel) cars affected competition on ethanol and gasoline retail markets. We propose a model of price competition in which the two fuels become closer substitutes as flex cars penetra...Read more...

Journal article

Urban Studies:

Does the law of one price hold for hedonic prices?

Hedonic prices of locational attributes in urban land markets are determined by a process of spatial arbitrage that is similar to that which underpins the law of one price. If hedonic prices deviate from their spatial eq...Read more...

CEP report

Urban Capacity and Economic Output

This report was commissioned by the National Infrastructure Commission as part of the evidence base for the National Infrastructure Assessment. The views expressed and recommendations set out in this report are the autho...Read more...

Journal article

The Economic Journal:

The time value of housing: historical evidence on discount rates

Most London housing transactions involve trading long leases of varying lengths. We exploit this to estimate the time value of housing ? the relationship between the price of a property and the term of ownership ? over a...Read more...

Journal article

Journal of Public Economics:

Learning about the prospects for mobility: economic and political dynamics following fundamental policy reform

The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forw...Read more...

Journal article

Annual Review of Economics:

Quantitative spatial economics

The observed uneven distribution of economic activity across space is influenced by variation in exogenous geographical characteristics and endogenous interactions between agents in goods and factor markets. Until the pa...Read more...

Journal article

The Quarterly Journal of Economics:

Smart and illicit: who becomes an entrepreneur and do they earn more?

We disaggregate the self-employed into incorporated and unincorporated to distinguish between "entrepreneurs" and other business owners. We show that the incorporated self-employed and their businesses engage in activiti...Read more...

Journal article

The Economic Journal:

Take what you can: property rights, contestability and conflict

Weak property rights are strongly associated with underdevelopment, low state capacity and civil conflict. In economic models of conflict, outbreaks of violence require a prize that is both valuable and contestable. This...Read more...

Journal article

Journal of Environmental Economics and Management:

Does the presence of wind turbines have negative externalities for people in their surroundings? Evidence from well-being data

Throughout the world, governments foster the deployment of wind power to mitigate negative externalities of conventional electricity generation, notably CO2 emissions. Wind turbines, however, are not free of externalitie...Read more...

Journal article

IZA Journal of Labor & Development:

Pathways from school to work in the developing world

This paper uses novel micro data from the ILO-STWT surveys to provide evidence on the duration, endpoint, and determinants of the transition from school to work in a sample of 23 low- and middle-income countries around t...Read more...

Journal article

IZA Journal of Labor Policy:

Wage rigidities and business cycle fluctuations: a linked employer-employee analysis

This paper analyses wage dynamics in Italy in the last 25 years with a special focus on the recent recession. Despite the rather rigid Italian institutional setting, using linked employer-employee data we find that wage ...Read more...

CEP discussion paper

Quantitative spatial economics

The observed uneven distribution of economic activity across space is influenced by variation in exogenous geographical characteristics and endogenous interactions between agents in goods and factor markets. Until recent...Read more...

CEP discussion paper

Aggregate recruiting intensity

We develop a model of firm dynamics with random search in the labor market where hiring firms exert recruiting effort by spending resources to fill vacancies faster. Consistent with micro evidence, in the model fast-grow...Read more...

Journal article

The Journal of Industrial Economics:

Spillovers in space: does geography matter?

Using U.S. firm level panel data we simultaneously assess the contributions to productivity of three potential sources of research and development spillovers: geographic, technological, and product market ("horizontal")....Read more...

SERC/Urban and Spatial Programme Discussion Paper

Location, Search Costs and Youth Unemployment: Experimental Evidence from Transport Subsidies in Addis Ababa

Do high search costs affect the labour market outcomes of job seekers living far away from jobs? I randomly assign transport subsidies to unemployed youth in urban Ethiopia. Treated respondents increase job search intens...Read more...

CEP discussion paper

Estimating border effects: the impact of spatial aggregation

Trade data are typically reported at the level of regions or countries and are therefore aggregates across space. In this paper, we investigate the sensitivity of standard gravity estimation to spatial aggregation. We bu...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Quantitative Easing of an International Financial Centre: How Central London Came So Well Out of the Post-2007 Crisis

This paper documents and seeks to explain the remarkably positive employment trends of a central area of London in the years since the onset of the financial crisis. The volatility of this economy since the 1980s had sug...Read more...

CEP discussion paper

Where does the wind blow? Green preferences and spatial misallocation in renewable energy sector

Are "greener" investments less efficient? This paper looks at the location choices by wind power investors. I measures the efficiency loss in this sector due to wrong project location and explore the factors contributing...Read more...

Journal article

Research Policy:

Do inventors talk to strangers? On proximity and collaborative knowledge creation

This paper examines the characteristics of the collaborations between inventors in the United Kingdom (UK) by looking at what types of proximities - geographic, organisational, cognitive, social, and cultural-ethnic - be...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Why Does Birthplace Matter So Much? Sorting, Learning and Geography

We consider the link between birthplace and wages. Using a unique panel dataset we estimate a raw elasticity of wage with respect to birthplace size of 4.6%, two thirds of the 6.8% raw elasticity with respect to city siz...Read more...

Journal article

Journal of International Economics:

Institutions and export dynamics

We study how contract enforcement and export experience shape firm export dynamics in an environment with incomplete information. We show that exporters start with higher volumes and sell for longer periods in countries ...Read more...

Journal article

Ecological Economics:

The greener, the happier? The effect of urban land use on residential well-being

We investigate the effect of urban land use on residential well-being in major German cities, using panel data from the German Socio-Economic Panel and cross-section data from the European Urban Atlas. We reduce concerns...Read more...

CEP discussion paper

European identity and redistributive preferences

How important is spatial identity in shifting preferences for redistribution? This paper takes advantage of within-country variability in the adoption of a single currency as an instrument to examine the impact of the re...Read more...

CEP election analysis

The Economic Performance of UK Cities: Can Urban and Regional Policy Make a Difference to the North-South Divide

There are large variations in economic performance across UK cities and on some measures, they have widened since the global financial crisis. All main parties promise action to reduce them, but there is little differenc...Read more...

Journal article

Journal of International Economics:

Spatial exporters

In this paper, we provide causal evidence that firms serve new markets which are geographically close to their prior export destinations with a higher probability than standard gravity models predict. We quantify the imp...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Spatial Methods

This paper is concerned with methods for analysing spatial data. After initial discussion on the nature of spatial data, including the concept of randomness, we focus most of our attention on linear regression models tha...Read more...

CEP occasional paper

Dynemp: a StataA? routine for distributed micro-data analysis of business dynamics

This paper introduces a new Stata? command, dynemp, which implements a distributed micro-data analysis of business and employment dynamics and firm demographics. The data source it requires are business registers or comp...Read more...

CEP discussion paper

The dynamics of employment growth: new evidence from 18 countries

Motivated by the on-going interest of policy makers in the sources of job creation, this paper presents results from a new OECD project on the dynamics of employment (DynEmp) based on an innovative methodology using firm...Read more...

SERC/Urban and Spatial Programme Policy Paper

Evaluating Spatial Policies

In most countries economic prosperity is very unevenly distributed across space: regions, cities and neighbourhoods seem to be very unequal, whether we look at average earnings, employment, education or almost any other ...Read more...

CEP discussion paper

Flex cars and competition in ethanol and gasoline retail markets

In Brazil, gasoline and ethanol coexist as automotive fuels and are becoming closer substitutes as flex cars become more widely adopted. We employ this source of variation in a large panel of weekly prices at the station...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Rocketing Rents The magnitude and attenuation of agglomeration economies in the commercial property market

Rocketing rents in urban areas are likely explained by agglomeration economies. This paper measures the impact of these external economies on commercial property values using unique micro?]data on commercial rents and em...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Driving Up Wages: The Effects of Road Construction in Great Britain

This paper estimates the effects of road construction on individual labour market outcomes using micro-data from Great Britain between 2002 and 2008. To capture these effects, I use a measure of accessibility to employme...Read more...