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In the presence of agglomeration economies, the effects of a rural roads programme depend not only on the reduction in transportation costs, but also on the form of labour mobility. When financed by a poll tax on rural households, the wage will rise, accompanied by some return migration,...
Persistent link: https://www.econbiz.de/10012301822
The structure employed is a small open economy, with one city and a rural hinterland, two traded goods, a transport sector, two specific factors, and mobile labour. A socially profitable programme will promote not only internal, but also external trade. Theory and numerical examples indicate...
Persistent link: https://www.econbiz.de/10013549878
Do 'local' methods of evaluation, such as partial equilibrium analysis at market prices or estimation of shadow prices …
Persistent link: https://www.econbiz.de/10014440897
Heterogeneous panel causality tests are employed to consider the relationship between urbanization change and economic growth (i.e., differenced logged GDP per capita). Income and geography-based panels demonstrated substantial variation in that relationship. Urbanization caused economic growth...
Persistent link: https://www.econbiz.de/10013032795
This model of policy evaluation has been developed to identify factors that cause policy outcomes to diverge from the …
Persistent link: https://www.econbiz.de/10011349191
This paper presents a methodology to integrate cost-benefit analysis and SAM-CGE-based impact evaluation. While 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 …
Persistent link: https://www.econbiz.de/10012588776
The chapter critically reviews the methods available for the ex post counterfactual analysis of programs that are assigned exclusively to individuals, households or locations. The emphasis is on the problems encountered in applying these methods to anti-poverty programs in developing countries,...
Persistent link: https://www.econbiz.de/10014024661
Infolge der Regionalisierung von Wirtschafts- und Strukturpolitik entstehen entweder vollkommen neue Institutionen (horizontale Regionalisierung) oder Institutionen mit neuen Kompetenzen (vertikale Regionalisierung). Der Erfolg einer Regionalisierungspolitik läßt sich am Grad der...
Persistent link: https://www.econbiz.de/10010299221
One of the debates in the capital budgeting model selection is between the free cash flow and DCF methods. In this paper an attempt is made to compare SVA against NPV model based on Monte Carlo simulations. Accordingly, NPV is found less sensitive to value driver variations and has got higher...
Persistent link: https://www.econbiz.de/10010324971
of monitoring and project value discrepancy, and the absence of uniformity in the use of evaluation methods throughout …
Persistent link: https://www.econbiz.de/10010325018