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The Social Rate of Return on Road Infrastructure Investments

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NBER2025-11-01 更新2025-11-29 收录
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A billion people live more than two kilometers from an all-season road, the vast majority of whom reside in emerging-market and developing economies (EMDEs), where the absence of paved roads hinders growth and development. Consistent with this shortage, we estimate that the median social rate of

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2025-11-01
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