Non-traded Outputs and Benefit Valuation

Steve Curry and John Weiss
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Steve Curry: Asian Development Bank
John Weiss: University of Bradford

Chapter 7 in Project Analysis in Developing Countries, 2000, pp 167-201 from Palgrave Macmillan

Abstract: Abstract The chapter commences with a discussion of the procedures for valuing outputs from projects in non-traded sectors. As pointed out earlier the treatment of their benefits is less straightforward than where traded output is involved. The procedures for estimating non-traded benefits utilising a demand curve for the good concerned are discussed, as is the contingent valuation method involving a survey approach. Social sectors, like health and education, where outputs are recognised as being particularly difficult to value, are discussed briefly. The Appendix (p. 189) gives a project example from the water sector as an illustration.

Keywords: Consumer Surplus; Demand Curve; World Price; Additional Output; Project Output (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37511-6_7

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DOI: 10.1057/9780230375116_7

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