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Papers in Regional Science

, Volume 75, Issue 4, pp 441–461 | Cite as

Determinants of journeys to work in central London, 1954–93

  • Graham R. Crampton
  • Alan W. Evans
  • Geoffrey Meen
Article
  • 9 Downloads

Abstract

In this paper we analyze a unique data set compiled by London Transport since 1953, concerning the number of people working in the London CBD. We consider whether the marked changes over time in employment are attributable to changes in government policy, industrial structure, macroeconomic changes, transport costs or agglomeration economies. Using cointegration methods we conclude that macroeconomic developments are quantitatively the most important factor, although transport costs have significant effects. Government decentralization policy appears to have had little effect, although our results are consistent with the presence of agglomeration economies.

Keywords

Government Policy Transport Cost Marked Change Unique Data Industrial Structure 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Regional Science Association International 1996

Authors and Affiliations

  • Graham R. Crampton
    • 1
  • Alan W. Evans
    • 1
  • Geoffrey Meen
    • 1
  1. 1.Department of Economics Faculty of Urban and Regional StudiesUniversity of ReadingWhiteknights ReadingEngland

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