Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261611 
Year of Publication: 
2021
Citation: 
[Journal:] Journal of Economic Structures [ISSN:] 2193-2409 [Volume:] 10 [Article No.:] 10 [Publisher:] Springer [Place:] Heidelberg [Year:] 2021 [Pages:] 1-13
Publisher: 
Springer, Heidelberg
Abstract: 
This paper presents a methodology to integrate cost-benefit analysis and SAM-CGE-based impact evaluation. While the two types of analysis have developed in parallel and without a clear connection, there is growing consensus that the two approaches should be integrated for complex investment projects, since their economic evaluation cannot rely solely on the partial equilibrium assumptions of cost-benefit (CB) analysis. Unlike CB analysis, impact evaluation looks at the economy as a complete system of interdependent components (industries, households, investors, government, importers, exporters). By integrating project accounting into a SAM-CGE framework, the methodology developed presents several properties that make it fit to the purpose of providing a reliable assessment of project contribution to the economy.
Subjects: 
Benefit analysis
Computable general equilibrium models (CGE)
Cost
Evaluation
Impact analysis
Project
Social accounting matrix (SAM)
JEL: 
D57
D58
D62
E17
F35
O22
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size
815.33 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.