Answer Happy

i need 1500 words on this
We have seen in class that historical events can have long-run effects on the development of countries. Here your job is to determine what effect the building of colonial railroads had on development outcomes in Ghana. Inspire yourselves from map and footnote below, as well as from the trade and growth lecture, to develop an econometric strategy to examine the effects of the railroads on local economic development. Be precise in explaining your choice of outcome variables and in describing your method, including the data you would use, and the regression you would run. Show with graphs what patterns you'd expect to find in the data, and the magnitude of the effects you'd expect to estimate. Conclude with policy lessons you could draw from such a study. Figure 1: Colonial Railroads and Placebo Lines in Southern Ghana KUMASI (1963) (E) TAFO (1918) Om (C) (W) Ode How Vey ACCRA (1900) Apm (W: C; E) Western: Central; Eastern Sapond - Railway Line (1918) Cape Coast Line Planned but Not Built Line Not Yet Built SEKONDI 100 O Mine Notes: The map displays the railroad lines in 1918, the years line construction begun and finished for both the Western Line (each segment completion is listed below: Sekondi 1898, Tarkwa 1901, Obuasi 1902 and Kumasi 1903) and the Eastern Line (Accra 1908, Tafo 1918 and Kumasi 1923), and the seven placebo lines. The Western line was built to connect the mines of Tarkwa and Obuasi to the coast (Sekondi). The line was extended to Kumasi to allow the quick dispatch of troops in the Ashanti areas. The Eastern line was built to connect Accra and Kumasi. Several additional motivations were cited for its construction: the export of cash crops, the exploitation of goldfields at Kibi, and the development of tourism at Abetifi. There are five lines that were planned but not built (Cape Coast-Kumasi 1873, Saltpond-Kumasi 1893, Apam-Kumasi 1897, Accra Kumasi 1897 and Accra-Kpong 1898) and two lines that were not built early enough to affect cocoa production in 1927 (Tafo-Kumasi 1923 and Huni Valley-Kade 1927). (W), (E) and (C) show the western route, the eastern route, and the lines of the proposed central route respectively. See Web Appendix for data sources