Monetization of social effects

Jakub Głowacki ()
Additional contact information
Jakub Głowacki: Uniwersytet Ekonomiczny w Krakowie

Ekonomia Społeczna/Social Economy, 2018, vol. 2, 33-40

Abstract: One of the key barriers to the development of the social economy sector in Poland is the lack of common knowledge and skills in the effective and systematic measurement of achievements. This is important because despite the growing public awareness of the benefits generated by this sector, there are still some reservations about the rationality of supporting social enterprises. The way to measurable and effective presentation of the effects of social activities is to monetise these effects, that is, to give them a monetary value. This article reviews literature related to the valuation of non-market goods developed in the area of ecology and indicates the potential for adaptation of this type of methods in the area of social economy. These conclusions can be used to conduct further empirical research as well as to build new methods and tools for social impact assessment.

Keywords: social impact; monetization; travel cost method; hedonic pricing method; conditional valuation method; benefit transfer method (search for similar items in EconPapers)
JEL-codes: B55 E20 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ekonomiaspoleczna.msap.pl/doki/polrocznik/ES022018/ES022018-04.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aga:esjour:v:2:y:2018:p:33-40

DOI: 10.15678/ES.2018.2.04

Access Statistics for this article

Ekonomia Społeczna/Social Economy is currently edited by Marek Ćwiklicki

More articles in Ekonomia Społeczna/Social Economy from Collegium of Economy and Public Administration ul. Rakowicka 27, 31-510 Kraków, Poland. Contact information at EDIRC.
Bibliographic data for series maintained by Marcin Kukiełka ().