EconPapers    
Economics at your fingertips  
 

Towards a Synthesis of Semi-Input-Output and Little-Mirrlees: A Social Cost-Benefit Analysis with Multiplier Effects of An Irrigation Project in Northwest Malaysia

Clive Bell and Shantayanan Devarajan
Additional contact information
Shantayanan Devarajan: University of California,Berkeley

The Pakistan Development Review, 1979, vol. 18, issue 2, 165-185

Abstract: An investment project has effects on the incomes of households, firms and government, not only directly through the value added produced by the project itself, but also by inducing additional output through interindustry linkages and expenditures out of the extra incomes accruing to its beneficiaries. The latter, sometimes called the "multiplier" or "downstream" effects of a project, have been discussed in some of the recent literature on social cost -benefit analysis [6, 11]. These contributions have been concerned with the "multiplier" or "downstream" effects of projects, and with the derivation of shadow prices which capture all such effects in full. If these shadowprices are correctly calculated, so it is asserted, then valuing a project's direct inputs and outputs at these prices yields the right measure of its social profitability. This approach is in the spirit of, and consistent with, that ofthev~riousmanualsonsocialcost-benefitanalysis [9,13,16].

Date: 1979
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.pide.org.pk/pdf/PDR/1979/Volume2/165-185.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:pid:journl:v:18:y:1979:i:2:p:165-185

Access Statistics for this article

More articles in The Pakistan Development Review from Pakistan Institute of Development Economics Contact information at EDIRC.
Bibliographic data for series maintained by Khurram Iqbal ().

 
Page updated 2019-04-07
Handle: RePEc:pid:journl:v:18:y:1979:i:2:p:165-185