Evaluating Transport Infrastructure Projects in Low Data Environments: An Application to Nigeria |
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Authors: | Jason Russ Claudia Berg Richard Damania A. Federico Barra Rubaba Ali John Nash |
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Affiliation: | 1. Water Global Practice, The World Bank, Washington, DC, USA;2. The International Monetary Fund, Washington, DC, USA;3. Urban, Rural, and Social Development Global Practice, The World Bank, Washington, DC, USA;4. Fannie Mae, Reston, VA, USA |
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Abstract: | Transport infrastructure consumes a large fraction of the development assistance envelope. Yet procedures for evaluating transport infrastructure projects are typically ad-hoc. This paper proposes an approach to assess the differential impacts of alternative investment proposals in data constrained environments where conducting reliable impact analyses is difficult. We first demonstrate a technique for estimating the cost of transporting products to markets. We then estimate the impact of improving the road network on economic activity. Finally, we perform simulations to demonstrate a methodology for prioritising alternative investments. The analysis demonstrates a pragmatic, though rigorous, approach for assessing transport infrastructure benefits. |
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