On Measuring the Benefits of Lower Transport Costs

Despite large amounts invested in rural roads in developing countries, little is known about their benefits. This paper derives an expression for the willingness-to-pay for a reduction in transport costs from the canonical agricultural household model and uses it to estimate the benefits of a hypoth...

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Bibliographic Details
Main Authors: Jacoby, Hanan G., Minten, Bart
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5878