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Infrastructure, Geographical Disadvantage, and Transport Costs.

Abstract:

December 1999 The median landlocked country has only 30 percent of the trade volume of the median coastal economy. Halving transport costs increases that trade volume by a factor of five. Improving the standard of infrastructure from that of the bottom quarter of countries to that of the median country increases trade by 50 percent. Improving infrastructure in Sub-Saharan Africa is especially important for increasing African trade. Limao and Venables use three different data sets to investiga...

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Volume:
2257
Series:
Policy Research Working Paper Series
Publication date:
1999-01-01
URN:
uuid:afa6c59a-b188-4a17-bc2c-ae0081a62a03
Local pid:
oai:economics.ouls.ox.ac.uk:12078
Language:
English

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