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This report was sponsored by the Union of African Railways, as part of a Sub-Saharan Africa Transport Project task aimed at defining what is involved in restructuring railways so that they behave more like market driven enterprises. The question addressed in this document is not whether the...
Persistent link: https://www.econbiz.de/10004989801
Decisions about investments in the long-lived assets of transport infrastructure require some assumptions about prospective long-term demand from services using that infrastructure. To improve the basis for such predictions, the authors estimated the long-run determinants of domestic freight...
Persistent link: https://www.econbiz.de/10005141633
In many countries the mismatch between what the railways offer and what the customers want has caused significant economic inefficiency and severe financial strains for the railways and their government owners. The concept of the railway as a monolithic entity is so strong in many countries as...
Persistent link: https://www.econbiz.de/10005116547
Price and income elasticities estimated from a country's export demand function are used both to predict and to prescribe effective export strategies. But the focus on elasticities has led to the neglect of an important empirical regularity: a strong persistencein the growth rate of a country's...
Persistent link: https://www.econbiz.de/10005079483
Cotton exports account for a significant share of total commodity exports in francophone African countries, suggesting that these countries have a large exposure to volatility in cotton prices. An analysis of the cotton marketing systems in these countries revealed that most of the price risk is...
Persistent link: https://www.econbiz.de/10005079606
The authorexamines a range of cross-sectional variation in performance and policies for evidence on what distinguishes successes from failures. At about 6 percent, the growth rate of the Four Tigers - Hong Kong, the Republic of Korea, Singapore, and Taiwan (China) - are among the largest...
Persistent link: https://www.econbiz.de/10005079619
Union-nonunion wage differentials have been extensively studied by labor economists, but for lack of data on the developing world the study has been confined largely to the industrial world. This paper is one of the first attempts to empirically examine those differentials in a developing...
Persistent link: https://www.econbiz.de/10005079633
Transfers to the rural land-poor are widely advocated and used in attempts to reduce rural poverty. Such transfers are believed to be productive, in that the final gain to the poor exceeds the initial transfer. The evidence cited most often to support this view is the negative correlation...
Persistent link: https://www.econbiz.de/10005079693
Economic approaches to health and nutrition have focused largely on measures of child nutrition and related variables (such as birth weight) as indicators of household production of nutritional outcomes. But when dealing with adult nutrition, economists have to address an issue that has...
Persistent link: https://www.econbiz.de/10005079704
Widespread private capital inflows to middle-income countries have surged over the past three years. At the same time, Brady-type debt reduction operations and domestic policy reform took place, indicators of country creditworthiness improved dramatically, and international interest rates...
Persistent link: https://www.econbiz.de/10005079760