Measuring Trade Cost Reductions Through a New Bridge in Mozambique: Who Benefits From Transport Infrastructure?

Efficiency Benefits of Transport Cost Reductions

Transport cost benefit analysis, when properly done, takes account of the benefits arising from increased transport demand induced by lower transport costs, and these benefits are typically evaluated by the rule-of-one-half or the trapezium rule. This states that the transport gain is the average level of transport services times the fall in transport costs, Σ–2 (qi′ + qi).(-∆ti), where qi is t...

Transport Infrastructure and Trade Facilitation in the Greater Mekong Subregion

Who Benefits from Religion?

Many studies have documented the benefits of religious involvement. Indeed, highly religious people tend to be healthier, live longer, and have higher levels of subjective well-being. While religious involvement offers clear benefits to many, in this paper we explore whether it may also be detrimental to some. Specifically, we examine in detail the relation between religious involvement and sub...

Who Benefits from Agglomeration?

Who Benefits from Biotechnology?

All this means that I view the world both from an economic perspective and from the perspective of working with agriculture and farmers. I am an educator who tries to present information in as factual a way as possible and give people the tools and means to form their own opinions. I start from the basic supposition that economics is the study of allocating scarce resources and not simply the s...