ESSP Research Note 17 "Economic Benefits and Returns to Rural Feeder Roads" by David Stifel, Bart Minten, and Bethlehem Koro. Summary of ESSP II Working Paper 40. We estimate households’ willingness-to-pay for rural feeder roads in Ethiopia. Using a quasi-experimental setting, we find that the benefits of reducing transportation costs by 50 US dollars per […]
New ESSP publication: ‘Economic Benefits and Returns to Rural Feeder Roads: Evidence from a Quasi-Experimental Setting in Ethiopia’
ESSP II Working Paper 40 "Economic Benefits and Returns to Rural Feeder Roads: Evidence from a Quasi-Experimental Setting in Ethiopia" by David Stifel, Bart Minten, and Bethlehem Koro. Abstract: Using an equivalent variation approach, we estimate households’ willingness-to-pay for rural feeder roads in Ethiopia. The problem of endogenous road placement is addressed by a purposeful […]