Project Evaluation for Sustainable Rural Development

Alain de Janvry (), Elisabeth Sadoulet () and Blas Santos

No 201470, CUDARE Working Papers from University of California, Berkeley, Department of Agricultural and Resource Economics

Abstract: A methodology of project appraisal combining the criteria of economic feasibility, acceptability, and sustainability is developed and applied to Plan Sierra, a watershed development project in the Dominican Republic. Feasibility is measured by the change in sustainable income due to the project; acceptability by the change in average annual income for the present generation; and sustainability by the difference between changes in sustainable and average annual incomes. These three criteria may be achieved by schemes of tax and subsidy between project and non-project households and between present and future generations.

Keywords: Community/Rural/Urban Development; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 33
Date: 1994-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ucbecw:201470

DOI: 10.22004/ag.econ.201470

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