Resource Investments, Impact Distribution, and Evaluation Concepts

Robert J. Kalter and Thomas H. Stevens

American Journal of Agricultural Economics, 1971, vol. 53, issue 2, 206-215

Abstract: Governmental decisions on proposed resource investments have always been made within an implicit multidimensional social welfare function framework. Yet the equity consequences of public programs have never been evaluated on an equal basis with their contribution to national economic growth. A model designed to facilitate the measurement of such consequences is specified and applied to a case study. The model can be used in conjunction with different equity classifications, but the test considered the personal income distribution consequences of a proposed water resource investment. The distribution of efficiency benefits and positive intergroup transfers as well as cost and reimbursement questions are considered.

Date: 1971
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/10.2307/1237433 (application/pdf)
Access to full text is restricted to subscribers.

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:oup:ajagec:v:53:y:1971:i:2:p:206-215.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().