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...

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...

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...

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...

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...