Economic analysis of projects /

A general approach to economic analysis of projects is presented, including the basic notions of cost-benefit analysis in the context of project analysis. A systematic and consistent estimation and application of shadow prices is needed, and suggestions are made for incorporating distributional effe...

Full description

Bibliographic Details
Main Author: Squire, Lyn
Other Authors: Van der Tak, Herman G
Format: Book
Language:English
Published: Baltimore, Md. : The Johns Hopkins University Press, 1995
Subjects:
Table of Contents:
  • Acknowledgments
  • Introduction
  • Pt. 1: Basic notions of cost-benefit analysis
  • 1. The context of project analysis
  • 2. Identifying relevant costs and benefits
  • 3. Valuation and shadow prices
  • 4. Comparing costs and benefits: investment criteria
  • 5. Uncertainty, sensitivity, and risk
  • Pt. 2: Derivation of shadow prices
  • 6. Integration of efficiency and equity in project selection
  • 7. Derivation of weights
  • 8. Shadow wage rates
  • 9. Accounting prices for traded and nontraded commodities
  • Pt. 3: Estimation of shadow prices
  • 10. Distribution weights
  • 11. Shadow wage rates
  • 12. Commodity prices
  • Appendix: Technical derivation of shadow prices
  • Glossary of symbols
  • Bibliography
  • Tables.