Measuring the Economic Impacts of Sub-Saharan African Urban Real-Estate Policies: Methodological Discussions
Hammond, Felix Nikoi
Hammond, Felix Nikoi
Authors
Editors
Other contributors
Affiliation
Epub Date
Issue Date
2006
Submitted date
Alternative
Abstract
In recent times, the approaches used to the modelling of the economic impacts of exogenous interventions have become increasingly sophisticated. However, even though huge resources have been expended on developing and implementing development programmes in sub-Saharan Africa, many of which have a significant real estate component, little effort has been made to assess in any rigorous sense their true impacts. This paper presents a quantitative framework by which the impacts of these real estate policies can be more objectively ascertained. The framework devised in this paper harnessed the strengths of a number of existing conventional models that are popular in the west to evolve a hybrid model that has due regard for the generally noisy data conditions of sub-Saharan Africa. The formulated framework is portable across the respective countries of Africa and the developing world. (RICS)
Citation
RICS Research Papers, 6(7)
Journal
Research Unit
DOI
PubMed ID
PubMed Central ID
Embedded videos
Additional Links
Type
Research report
Language
en
Description
The framework devised in this paper, together with empirical results obtained through funding from the Royal Institution of Chartered Surveyors, is being utilized to make key decisions within the current US$55 million Ghana Land Administration project.
Series/Report no.
ISSN
1464-648X