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The success of Africa's exports, as well as its spatial development, depends on lowering transport costs. In this … Policy Brief, we address a number of pertinent questions on transport costs in Africa, such as 'what are transport costs …?', 'do transport costs matter for trade?', 'how important are transport costs in practice?', and 'why are Africa's transport …
Persistent link: https://www.econbiz.de/10005059811
A historical survey of transport to demonstrate that transport has always been recognised as of paramount importance … needed to make transport systems work, and that developments in transport today represent continuity with the past. Also, the … idea that transport is not a purely utilitarian matter, it is also an expression of freedom. [The Worshipful Company of …
Persistent link: https://www.econbiz.de/10005487728
concreteness, the focus is on tax reform for freight road transport to cope with congestion externalities; results for other types … of externalities can be derived as special cases. The model takes into account that passenger and freight flows jointly … output markets, including the passenger transport market and the labour market. Moreover, it clearly shows that the welfare …
Persistent link: https://www.econbiz.de/10005698128
On 12 December 1997 the Treasurer referred international air services arrangements to the Industry Commission for inquiry and report within nine months. The Commission was asked to report on the arrangements for negotiating entitlements under air services agreements and the process of allocating...
Persistent link: https://www.econbiz.de/10005119264
Статья посвящена проблемам развития транспортно-экспедиционных предприятий в настоящее время. Авторами рассмотрены причины необходимости постоянного анализа...
Persistent link: https://www.econbiz.de/10011237451
Parliament in April 2007. The Commission had been asked to inquiry into the costs of freight transport infrastructure on major … pricing of road and rail freight infrastructure to maximise freight transport efficiency and net benefits for the community …The Productivity Commission’s inquiry report into the ‘Road and Rail Freight Infrastructure Pricing’, was tabled in …
Persistent link: https://www.econbiz.de/10008487613
Transport currently accounts for around 25-30% of global CO2 emissions and this contribution is growing rapidly …. Moreover, road transport holds by far the major part in these emissions. Because of the social and political reluctance to … increase fuel taxation, it is of some interest to explore the inclusion of road transport in emission trading schemes. Starting …
Persistent link: https://www.econbiz.de/10008876912
We show the importance of a dynamic aggregation bias in accounting for the PPP puzzle. We prove that established time-series and panel methods substantially exaggerate the persistence of real exchange rates because of heterogeneity in the dynamics of disaggregated relative prices. When...
Persistent link: https://www.econbiz.de/10005248142
We revisit the dramatic failure of monetary models in explaining exchange rate movements. Using the information content from 98 countries, we find strong evidence for cointegration between nominal exchange rates and monetary fundamentals. We also find fundamentalsbased models very successful in...
Persistent link: https://www.econbiz.de/10005263651
In a recent paper, Bai and Perron (2006) demonstrate that their approach for testing for multiple structural breaks in time series works well in large samples, but they found substantial deviations in both the size and power of their tests in smaller samples. We propose modifying their...
Persistent link: https://www.econbiz.de/10005264217