Productivity and proximity
Webber, D. J. and White, P. (2010) Productivity and proximity. Empirical Economics Letters, 9 (4). pp. 323-330. ISSN 1681-8997
Publisher's URL: http://www.eel.my100megs.com/vol%209%20no%204.htm
Labour productivity is known to be higher in the presence of agglomeration economies. This paper presents an analysis of the shape of the relationship between labour productivity and the distance between the firm and the region’s central business district. Based on plant-level data across England our empirical estimates indicate that this relationship is non-linear.
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