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Optimal Investments in Africa’s Road Network (anglais)

This paper characterizes economically optimal investments in Africa’s road network in partial and general equilibrium —based on a detailed topography of the network, road con-struction costs, frictions in cross-border trading, and economic geography. Drawing from data on 144 million trans-continental routes, it first assesses local and global network efficiency and market access. It then derives a large network connecting 447 cities and 52 ports along...
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