This monetised benefit includes changes in productivity as the result of agglomeration, where scale and spatial concentration enable increased productivity by enabling better learning, matching, and sharing. The required spatial concentration of economic activity for realising agglomeration benefits is only likely to occur in the major industrial and urban centres of New Zealand. It is only the large and complex urban transport activities that will provide the relevant conditions that justify an analysis of agglomeration benefits.
This benefit can be monetised.
For information about how to monetise this benefit see the Monetised benefits and costs manual.
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