EconPapers    
Economics at your fingertips  
 

Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit Analysis

Onil Banerjee (), Martín Cicowiez () and Adela Moreda
Additional contact information
Adela Moreda: Inter-American Development Bank

CEDLAS, Working Papers from CEDLAS, Universidad Nacional de La Plata

Abstract: This paper makes two contributions to the debate on the compatibility of social cost benefit analysis and economic impact analysis. First we argue that benefits estimated through economic impact analysis are amenable to subsequent analysis in a social cost benefit framework when household utility is used as the measure of welfare. Second, economic impact analysis and social cost benefit analysis of investment loans may be evaluated from the perspective of the multilateral lender and from that of the beneficiary government. While the first is straightforward to implement, this paper develops an approach to evaluating the investment from the perspective of the beneficiary government which internalizes the repayment of the loan within the economic impact model itself. We compare these two perspectives by undertaking an economic impact and social cost benefit analysis of a US$6.25 million tourism investment in Uruguay.

Date: 2017-02
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.cedlas.econo.unlp.edu.ar/wp/wp-content/uploads/doc_cedlas207.pdf (application/pdf)

Related works:
Working Paper: Reconciliation Once and for All: Economic Impact Evaluation and Social Cost Benefit Analysis (2017) Downloads
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:dls:wpaper:0207

Access Statistics for this paper

More papers in CEDLAS, Working Papers from CEDLAS, Universidad Nacional de La Plata Contact information at EDIRC.
Bibliographic data for series maintained by Ana Pacheco ().

 
Page updated 2018-07-09
Handle: RePEc:dls:wpaper:0207