IDEAS home Printed from https://ideas.repec.org/a/spr/laecrv/v28y2019i1d10.1186_s40503-019-0079-z.html
   My bibliography  Save this article

Urban transport systems in Latin America and the Caribbean: lessons and challenges

Author

Listed:
  • Patricia Yañez-Pagans

    (IDB Invest)

  • Daniel Martinez

    (Inter-American Development Bank)

  • Oscar A. Mitnik

    (Inter-American Development Bank)

  • Lynn Scholl

    (Inter-American Development Bank)

  • Antonia Vazquez

    (Universidad de San Andrés
    Yale University)

Abstract

This paper discusses the transportation challenges that urban areas in Latin America and the Caribbean face and reviews the causal evidence on the impact brought by different urban transport system interventions implemented around the world. The objective is to highlight the main lessons learned and identify knowledge gaps to guide the design and evaluation of future transport investments. The review highlights that causal studies have been concentrated in certain areas and that an important number have been carried out in developed countries. Empirical challenges due to the non-random placement of these interventions and their possible effects over the entire transport network might explain the reduced amount of causal evaluations. A large part of the literature has focused on the impact of transport systems on housing values, finding overall increases in prices and rents, but with results highly dependent on the quality and perceived permanency of the system. Few studies have explored socioeconomic effects, and those available have emphasized employment access. There are almost no studies exploring displacement effects, which should be further examined to better understand the social inclusion role of transport systems. New avenues of research are emerging that exploit non-traditional sources of data, such as big data and satellite information. Moreover, studies looking at ways to improve the operational efficiency of systems and those seeking to promote behavioral changes in transport users offer great potential to generate learning that is useful for the public and private actors involved.

Suggested Citation

  • Patricia Yañez-Pagans & Daniel Martinez & Oscar A. Mitnik & Lynn Scholl & Antonia Vazquez, 2019. "Urban transport systems in Latin America and the Caribbean: lessons and challenges," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 28(1), pages 1-25, December.
  • Handle: RePEc:spr:laecrv:v:28:y:2019:i:1:d:10.1186_s40503-019-0079-z
    DOI: 10.1186/s40503-019-0079-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1186/s40503-019-0079-z
    File Function: Abstract
    Download Restriction: no

    File URL: https://libkey.io/10.1186/s40503-019-0079-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Lam, Terence C. & Small, Kenneth A., 0. "The value of time and reliability: measurement from a value pricing experiment," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 37(2-3), pages 231-251, April.
    2. Brownstone, David & Ghosh, Arindam & Golob, Thomas F. & Kazimi, Camilla & Van Amelsfort, Dirk, 2003. "Drivers' willingness-to-pay to reduce travel time: evidence from the San Diego I-15 congestion pricing project," Transportation Research Part A: Policy and Practice, Elsevier, vol. 37(4), pages 373-387, May.
    3. Gabriel M. Ahlfeldt & Stephen J. Redding & Daniel M. Sturm & Nikolaus Wolf, 2015. "The Economics of Density: Evidence From the Berlin Wall," Econometrica, Econometric Society, vol. 83, pages 2127-2189, November.
    4. Loukaitou-Sideris, Anastasia Loukaitou, 2008. "How Safe Is the Ride? Evaluation of Design and Policy Responses to Women’s Fear of Victimization and Crime," University of California Transportation Center, Working Papers qt2zg5x2sb, University of California Transportation Center.
    5. Justin Tyndall, 2017. "Waiting for the R train: Public transportation and employment," Urban Studies, Urban Studies Journal Limited, vol. 54(2), pages 520-537, February.
    6. Munoz-Raskin, Ramon, 2010. "Walking accessibility to bus rapid transit: Does it affect property values? The case of Bogotá, Colombia," Transport Policy, Elsevier, vol. 17(2), pages 72-84, March.
    7. Gonzalez-Navarro, Marco & Turner, Matthew A., 2018. "Subways and urban growth: Evidence from earth," Journal of Urban Economics, Elsevier, vol. 108(C), pages 85-106.
    8. Jelena Simićević & Nada Milosavljević & Vladimir Djoric, 2016. "Gender differences in travel behaviour and willingness to adopt sustainable behaviour," Transportation Planning and Technology, Taylor & Francis Journals, vol. 39(5), pages 527-537, July.
    9. Gallego, Francisco & Montero, Juan-Pablo & Salas, Christian, 2013. "The effect of transport policies on car use: Evidence from Latin American cities," Journal of Public Economics, Elsevier, vol. 107(C), pages 47-62.
    10. Eskeland, Gunnar S & Feyzioglu, Tarhan, 1997. "Rationing Can Backfire: The "Day without a Car" in Mexico City," The World Bank Economic Review, World Bank, vol. 11(3), pages 383-408, September.
    11. Eboli, Laura & Mazzulla, G., 2008. "Willingness-to-pay of public transport users for improvement in service quality," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 38, pages 107-118.
    12. Bocarejo S., Juan Pablo & Oviedo H., Daniel Ricardo, 2012. "Transport accessibility and social inequities: a tool for identification of mobility needs and evaluation of transport investments," Journal of Transport Geography, Elsevier, vol. 24(C), pages 142-154.
    13. Paul E. Carrillo & Arun S. Malik & Yiseon Yoo, 2016. "Driving restrictions that work? Quito's Pico y Placa Program," Canadian Journal of Economics, Canadian Economics Association, vol. 49(4), pages 1536-1568, November.
    14. Marianne Fay & Luis Alberto Andres & Charles Fox & Ulf Narloch & Stephane Straub & Michael Slawson, 2017. "Rethinking Infrastructure in Latin America and the Caribbean," World Bank Publications - Books, The World Bank Group, number 27615, December.
    15. Harry J. Holzer & John M. Quigley & Steven Raphael, 2003. "Public transit and the spatial distribution of minority employment: Evidence from a natural experiment," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 22(3), pages 415-441.
    16. Markose, Sheri & Alentorn, Amadeo & Koesrindartoto, Deddy & Allen, Peter & Blythe, Phil & Grosso, Sergio, 2007. "A smart market for passenger road transport (SMPRT) congestion: An application of computational mechanism design," Journal of Economic Dynamics and Control, Elsevier, vol. 31(6), pages 2001-2032, June.
    17. Zhang, Wei & Lin Lawell, C.-Y. Cynthia & Umanskaya, Victoria I., 2017. "The effects of license plate-based driving restrictions on air quality: Theory and empirical evidence," Journal of Environmental Economics and Management, Elsevier, vol. 82(C), pages 181-220.
    18. Peter Brand & Julio D. Dávila, 2011. "Mobility innovation at the urban margins," City, Taylor & Francis Journals, vol. 15(6), pages 647-661, December.
    19. Phillips, David C., 2014. "Getting to work: Experimental evidence on job search and transportation costs," Labour Economics, Elsevier, vol. 29(C), pages 72-82.
    20. Bel, Germà & Holst, Maximilian, 2018. "Evaluation of the impact of Bus Rapid Transit on air pollution in Mexico City," Transport Policy, Elsevier, vol. 63(C), pages 209-220.
    21. Baum-Snow, Nathaniel & Kahn, Matthew E., 2000. "The effects of new public projects to expand urban rail transit," Journal of Public Economics, Elsevier, vol. 77(2), pages 241-263, August.
    22. Cervero, Robert & Kang, Chang Deok, 2011. "Bus rapid transit impacts on land uses and land values in Seoul, Korea," Transport Policy, Elsevier, vol. 18(1), pages 102-116, January.
    23. Gibbons, Stephen & Machin, Stephen, 2005. "Valuing rail access using transport innovations," Journal of Urban Economics, Elsevier, vol. 57(1), pages 148-169, January.
    24. Deepti Goel & Sonam Gupta, 2017. "The Effect of Metro Expansions on Air Pollution in Delhi," The World Bank Economic Review, World Bank, vol. 31(1), pages 271-294.
    25. Ghebreegziabiher Debrezion & Eric Pels & Piet Rietveld, 2007. "The Impact of Railway Stations on Residential and Commercial Property Value: A Meta-analysis," The Journal of Real Estate Finance and Economics, Springer, vol. 35(2), pages 161-180, August.
    26. Carolien Beckx & Luc Int Panis & Jean Vankerkom & Davy Janssens & Geert Wets & Theo Arentze, 2009. "An Integrated Activity-Based Modelling Framework to Assess Vehicle Emissions: Approach and Application," Environment and Planning B, , vol. 36(6), pages 1086-1102, December.
    27. Heinrich von Stackelberg, 2011. "Market Structure and Equilibrium," Springer Books, Springer, number 978-3-642-12586-7, June.
    28. Rodríguez, Daniel A. & Mojica, Carlos H., 2009. "Capitalization of BRT network expansions effects into prices of non-expansion areas," Transportation Research Part A: Policy and Practice, Elsevier, vol. 43(5), pages 560-571, June.
    29. Billings, Stephen B., 2011. "Estimating the value of a new transit option," Regional Science and Urban Economics, Elsevier, vol. 41(6), pages 525-536.
    30. John F. Kain, 1968. "Housing Segregation, Negro Employment, and Metropolitan Decentralization," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 82(2), pages 175-197.
    31. Asensio, Javier & Matas, Anna, 2008. "Commuters' valuation of travel time variability," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 44(6), pages 1074-1085, November.
    32. Lucas W. Davis, 2008. "The Effect of Driving Restrictions on Air Quality in Mexico City," Journal of Political Economy, University of Chicago Press, vol. 116(1), pages 38-81, February.
    33. repec:wbk:wboper:3022 is not listed on IDEAS
    34. Scholl, Lynn & Martinez, Daniel & Mitnik, Oscar A. & Oviedo, Daniel & Yanez-Pagans, Patricia, 2018. "A Rapid Road to Employment? The Impacts of a Bus Rapid Transit System in Lima," IZA Discussion Papers 12019, Institute of Labor Economics (IZA).
    35. Jeremy Atack & Michael R. Haines & Robert A. Margo, 2008. "Railroads and the Rise of the Factory: Evidence for the United States, 1850-70," NBER Working Papers 14410, National Bureau of Economic Research, Inc.
    36. Juan Carlos Mendieta & Jorge Andrés Perdomo, 2007. "Especificación y estimación de un modelo de precios hedónico espacial para evaluar el impacto de Transmilenio sobre el valor de la propiedad en Bogotá," Documentos CEDE 4280, Universidad de los Andes, Facultad de Economía, CEDE.
    37. Aiga Stokenberga, 2014. "Does Bus Rapid Transit Influence Urban Land Development and Property Values: A Review of the Literature," Transport Reviews, Taylor & Francis Journals, vol. 34(3), pages 276-296, May.
    38. Juan Pablo Bocarejo & Ingrid Portilla & David Meléndez, 2016. "Social fragmentation as a consequence of implementing a Bus Rapid Transit system in the city of Bogotá," Urban Studies, Urban Studies Journal Limited, vol. 53(8), pages 1617-1634, June.
    39. Calfee, John & Winston, Clifford, 1998. "The value of automobile travel time: implications for congestion policy," Journal of Public Economics, Elsevier, vol. 69(1), pages 83-102, July.
    40. Small, Kenneth A., 2001. "The Value of Pricing," University of California Transportation Center, Working Papers qt0rm449sx, University of California Transportation Center.
    41. Canavire-Bacarreza, Gustavo & Duque, Juan Carlos & Urrego, Joaquin A., 2016. "Moving Citizens and Deterring Criminals: Innovation in Public Transport Facilities," Research Department working papers 978, CAF Development Bank Of Latinamerica.
    42. Bocarejo, Juan Pablo & Portilla, Ingrid Joanna & Velásquez, Juan Miguel & Cruz, Mónica Natalia & Peña, Andrés & Oviedo, Daniel Ricardo, 2014. "An innovative transit system and its impact on low income users: the case of the Metrocable in Medellín," Journal of Transport Geography, Elsevier, vol. 39(C), pages 49-61.
    43. Medda, Francesca, 2012. "Land value capture finance for transport accessibility: a review," Journal of Transport Geography, Elsevier, vol. 25(C), pages 154-161.
    44. Augusto de la Torre & Pablo Fajnzylber & John Nash, 2009. "Low Carbon, High Growth : Latin American Responses to Climate Change - An Overview," World Bank Publications - Books, The World Bank Group, number 3022, December.
    45. Delmelle, Elizabeth Cahill & Casas, Irene, 2012. "Evaluating the spatial equity of bus rapid transit-based accessibility patterns in a developing country: The case of Cali, Colombia," Transport Policy, Elsevier, vol. 20(C), pages 36-46.
    46. Wardman, Mark, 0. "A review of British evidence on time and service quality valuations," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 37(2-3), pages 107-128, April.
    47. Thomas W. Sanchez & Qing Shen & Zhong-Ren Peng, 2004. "Transit Mobility, Jobs Access and Low-income Labour Participation in US Metropolitan Areas," Urban Studies, Urban Studies Journal Limited, vol. 41(7), pages 1313-1331, June.
    48. Patacchini, Eleonora & Zenou, Yves, 2005. "Spatial mismatch, transport mode and search decisions in England," Journal of Urban Economics, Elsevier, vol. 58(1), pages 62-90, July.
    49. Florian, Michael & Gaudry, Marc & Lardinois, Christian, 1988. "A two-dimensional framework for the understanding of transportation planning models," Transportation Research Part B: Methodological, Elsevier, vol. 22(6), pages 411-419, December.
    50. Patricio E. Pérez & Francisco J. Martínez & Juan de Dios Ortúzar, 2003. "Microeconomic Formulation and Estimation of a Residential Location Choice Model: Implications for the Value of Time," Journal of Regional Science, Wiley Blackwell, vol. 43(4), pages 771-789, November.
    51. Bocarejo, Juan Pablo & Portilla, Ingrid & Pérez, Maria Angélica, 2013. "Impact of Transmilenio on density, land use, and land value in Bogotá," Research in Transportation Economics, Elsevier, vol. 40(1), pages 78-86.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jackson Sekasi & Mauro Luiz Martens, 2021. "Assessing the Contributions of Urban Light Rail Transit to the Sustainable Development of Addis Ababa," Sustainability, MDPI, vol. 13(10), pages 1-22, May.
    2. Morten Flesser & Bernhard Friedrich, 2022. "Are We Taking Off? A Critical Review of Urban Aerial Cable Cars as an Integrated Part of Sustainable Transport," Sustainability, MDPI, vol. 14(20), pages 1-22, October.
    3. Castilho, Daniela & Fuinhas, José Alberto & Marques, António Cardoso, 2021. "The impacts of the tourism sector on the eco-efficiency of the Latin American and Caribbean countries," Socio-Economic Planning Sciences, Elsevier, vol. 78(C).
    4. Márquez, Luis & Pineda, Laura X. & Poveda, Juan C., 2022. "Mobility-impaired people’s preferences for a specialized paratransit service as BRT’s feeder: The role of autonomy, relatedness, and competence," Transportation Research Part A: Policy and Practice, Elsevier, vol. 165(C), pages 172-185.
    5. Muhammad Aamir Basheer & Luuk Boelens & Rob van der Bijl, 2020. "Bus Rapid Transit System: A Study of Sustainable Land-Use Transformation, Urban Density and Economic Impacts," Sustainability, MDPI, vol. 12(8), pages 1-22, April.
    6. Villena-Sanchez, Jessica & Boschmann, E. Eric & Avila-Forcada, Sara, 2022. "Daily travel behaviors and transport mode choice of older adults in Mexico City," Journal of Transport Geography, Elsevier, vol. 104(C).
    7. Biderman, Ciro & Pizzol, Bruna & Castro, Caio & Luz, Gregório & Galante de Souza, Vinicius & Oliveira, Vitor, 2023. "Estimação da demanda por ônibus na América Latina e no Caribe," Documentos de Proyectos 48698, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    8. Gómez-Lobo, Andrés & Oviedo, Daniel, 2023. "Spatial inequalities in Latin America: mapping aggregate to micro-level disparities," LSE Research Online Documents on Economics 120691, London School of Economics and Political Science, LSE Library.
    9. Phillips, Willard & Nicholson, George & Alleyne, Antonio & Alfonso, Maurys, 2023. "Policy considerations for sustainable transportation in three Caribbean small island developing States: options for improving land transportation efficiency. Barbados, the British Virgin Islands and J," Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean 48725, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    10. Salgado, Edgar & Mitnik, Oscar A., 2021. "Spatial and Time Spillovers of Driving Restrictions: Causal Evidence from Limas Pico y Placa Policy," IDB Publications (Working Papers) 11818, Inter-American Development Bank.
    11. Andreas Fazekas & Christopher Bataille & Adrien Vogt-Schilb, 2022. "Achieving net-zero prosperity: how governments can unlock 15 essential transformations," Post-Print halshs-03742125, HAL.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yanez-Pagans, Patricia & Martinez, Daniel & Mitnik, Oscar A. & Scholl, Lynn & Vazquez, Antonia, 2018. "Urban Transport Systems in Latin America and the Caribbean: Challenges and Lessons Learned," IZA Discussion Papers 11812, Institute of Labor Economics (IZA).
    2. Tobias Pfutze & Carlos Rodríguez-Castelán & Daniel Valderrama, 2023. "Urban transport infrastructure and household welfare: evidence from Colombia," Empirical Economics, Springer, vol. 65(3), pages 1409-1432, September.
    3. Martinez, Sebastian & Sanchez, Raul & Yañez, Patricia, 2018. "Getting a Lift: The Impact of Aerial Cable Cars in La Paz, Bolivia," IDB Publications (Working Papers) 36, Inter-American Development Bank.
    4. Rhiannon Jerch & Panle Jia Barwick & Shanjun Li & Jing Wu, 2020. "Road Rationing Policies and Housing Markets," DETU Working Papers 2004, Department of Economics, Temple University.
    5. Scholl, Lynn & Martinez, Daniel & Mitnik, Oscar A. & Oviedo, Daniel & Yanez-Pagans, Patricia, 2018. "A Rapid Road to Employment? The Impacts of a Bus Rapid Transit System in Lima," IZA Discussion Papers 12019, Institute of Labor Economics (IZA).
    6. Claudia N. Berg & Uwe Deichmann & Yishen Liu & Harris Selod, 2017. "Transport Policies and Development," Journal of Development Studies, Taylor & Francis Journals, vol. 53(4), pages 465-480, April.
    7. Acton, Blake & Le, Huyen T.K. & Miller, Harvey J., 2022. "Impacts of bus rapid transit (BRT) on residential property values: A comparative analysis of 11 US BRT systems," Journal of Transport Geography, Elsevier, vol. 100(C).
    8. Pasha, Obed & Wyczalkowski, Chris & Sohrabian, Dro & Lendel, Iryna, 2020. "Transit effects on poverty, employment, and rent in Cuyahoga County, Ohio," Transport Policy, Elsevier, vol. 88(C), pages 33-41.
    9. Daniel Oviedo & Lynn Scholl & Marco Innao & Lauramaria Pedraza, 2019. "Do Bus Rapid Transit Systems Improve Accessibility to Job Opportunities for the Poor? The Case of Lima, Peru," Sustainability, MDPI, vol. 11(10), pages 1-24, May.
    10. Seungwoo Chin & Matthew E. Kahn & Hyungsik Roger Moon, 2020. "Estimating the Gains from New Rail Transit Investment: A Machine Learning Tree Approach," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 48(3), pages 886-914, September.
    11. Yang, Linchuan & Chu, Xiaoling & Gou, Zhonghua & Yang, Hongtai & Lu, Yi & Huang, Wencheng, 2020. "Accessibility and proximity effects of bus rapid transit on housing prices: Heterogeneity across price quantiles and space," Journal of Transport Geography, Elsevier, vol. 88(C).
    12. Dubé, Jean & Andrianary, Eugénie & Assad-Déry, François & Poupart, Janie & Simard, Justine, 2018. "Exploring difference in value uplift resulting from new bus rapid transit routes within a medium size metropolitan area," Journal of Transport Geography, Elsevier, vol. 72(C), pages 258-269.
    13. Gaduh, Arya & Gračner, Tadeja & Rothenberg, Alexander D., 2022. "Life in the slow lane: Unintended consequences of public transit in Jakarta," Journal of Urban Economics, Elsevier, vol. 128(C).
    14. Yen, Barbara T.H. & Mulley, Corinne & Shearer, Heather & Burke, Matthew, 2018. "Announcement, construction or delivery: When does value uplift occur for residential properties? Evidence from the Gold Coast Light Rail system in Australia," Land Use Policy, Elsevier, vol. 73(C), pages 412-422.
    15. Pérez, Jorge & Vial, Felipe & Zárate, Román, 2022. "Urban Transit Infrastructure: Spatial Mismatch and Labor Market Power," Research Department working papers 1992, CAF Development Bank Of Latinamerica.
    16. Qing Shen & Simin Xu & Jiang Lin, 2018. "Effects of bus transit-oriented development (BTOD) on single-family property value in Seattle metropolitan area," Urban Studies, Urban Studies Journal Limited, vol. 55(13), pages 2960-2979, October.
    17. Ahlfeldt, Gabriel M. & Nitsch, Volker & Wendland, Nicolai, 2019. "Ease vs. noise: Long-run changes in the value of transport (dis)amenities," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    18. Davis, Lucas W., 2021. "Estimating the price elasticity of demand for subways: Evidence from Mexico," Regional Science and Urban Economics, Elsevier, vol. 87(C).
    19. Guzman, Luis A. & Enríquez, Hernán Darío & Hessel, Phillip, 2021. "BRT system in Bogotá and urban effects: More residential land premiums?," Research in Transportation Economics, Elsevier, vol. 90(C).
    20. Johnson, Daniel & Ercolani, Marco & Mackie, Peter, 2017. "Econometric analysis of the link between public transport accessibility and employment," Transport Policy, Elsevier, vol. 60(C), pages 1-9.

    More about this item

    Keywords

    Urban transport systems; Latin America and the Caribbean; Impact evaluation;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:laecrv:v:28:y:2019:i:1:d:10.1186_s40503-019-0079-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.