Re. Looney et Pc. Frederiksen, RAIL TRACK EXPANSION IN DEVELOPING-COUNTRIES IN THE 1980S, Transportation research. Part E, Logistics and transportation review, 34(2), 1998, pp. 131-136
Citations number
7
Categorie Soggetti
Transportation,"Engineering, Civil",Transportation,"Operatione Research & Management Science
Per capita income, country size, and economic growth are often seen as
being major determinants of rail track expansion in developing countr
ies. However, we could not empirically verify these explanations for r
ail expansion using recent World Bank data for a set of 35 developing
countries. Instead, a factor analysis suggested multilateral loans to
have been important. A discriminant analysis indicated only four varia
bles are needed to predict a country's correct grouping into either a
high and low rail expansion group. Regression analysis indicates that
1970s investment offset 1980s investment for the entire sample and the
high expansion group. For the low expansion group, a factor capturing
the quality of life appears to be the most important predictor of rai
l investment. (C) 1998 Elsevier Science Ltd. All rights reserved.