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

Autores
Banerjee, Onil; Cicowiez, Martín; Moreda, Adela
Año de publicación
2017
Idioma
inglés
Tipo de recurso
documento de trabajo
Estado
versión enviada
Descripción
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.
Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS)
Materia
Ciencias Económicas
economic impact analysis
social cost benefit analysis
Uruguay
Nivel de accesibilidad
acceso abierto
Condiciones de uso
http://creativecommons.org/licenses/by/4.0/
Repositorio
SEDICI (UNLP)
Institución
Universidad Nacional de La Plata
OAI Identificador
oai:sedici.unlp.edu.ar:10915/65290
Acceder
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oai_identifier_str oai:sedici.unlp.edu.ar:10915/65290
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network_name_str SEDICI (UNLP)
spelling Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit AnalysisBanerjee, OnilCicowiez, MartínMoreda, AdelaCiencias Económicaseconomic impact analysissocial cost benefit analysisUruguayThis 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.Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS)2017-02info:eu-repo/semantics/workingPaperinfo:eu-repo/semantics/submittedVersionDocumento de trabajohttp://purl.org/coar/resource_type/c_8042info:ar-repo/semantics/documentoDeTrabajoapplication/pdfhttp://sedici.unlp.edu.ar/handle/10915/65290enginfo:eu-repo/semantics/altIdentifier/url/http://www.cedlas.econo.unlp.edu.ar/wp/wp-content/uploads/doc_cedlas207.pdfinfo:eu-repo/semantics/altIdentifier/issn/1853-0168info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by/4.0/Creative Commons Attribution 4.0 International (CC BY 4.0)reponame:SEDICI (UNLP)instname:Universidad Nacional de La Platainstacron:UNLP2025-09-03T10:41:32Zoai:sedici.unlp.edu.ar:10915/65290Institucionalhttp://sedici.unlp.edu.ar/Universidad públicaNo correspondehttp://sedici.unlp.edu.ar/oai/snrdalira@sedici.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13292025-09-03 10:41:32.806SEDICI (UNLP) - Universidad Nacional de La Platafalse
dc.title.none.fl_str_mv Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit Analysis
title Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit Analysis
spellingShingle Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit Analysis
Banerjee, Onil
Ciencias Económicas
economic impact analysis
social cost benefit analysis
Uruguay
title_short Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit Analysis
title_full Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit Analysis
title_fullStr Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit Analysis
title_full_unstemmed Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit Analysis
title_sort Reconciliation Once and For All: Economic Impact Evaluation and Social Cost Benefit Analysis
dc.creator.none.fl_str_mv Banerjee, Onil
Cicowiez, Martín
Moreda, Adela
author Banerjee, Onil
author_facet Banerjee, Onil
Cicowiez, Martín
Moreda, Adela
author_role author
author2 Cicowiez, Martín
Moreda, Adela
author2_role author
author
dc.subject.none.fl_str_mv Ciencias Económicas
economic impact analysis
social cost benefit analysis
Uruguay
topic Ciencias Económicas
economic impact analysis
social cost benefit analysis
Uruguay
dc.description.none.fl_txt_mv 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.
Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS)
description 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.
publishDate 2017
dc.date.none.fl_str_mv 2017-02
dc.type.none.fl_str_mv info:eu-repo/semantics/workingPaper
info:eu-repo/semantics/submittedVersion
Documento de trabajo
http://purl.org/coar/resource_type/c_8042
info:ar-repo/semantics/documentoDeTrabajo
format workingPaper
status_str submittedVersion
dc.identifier.none.fl_str_mv http://sedici.unlp.edu.ar/handle/10915/65290
url http://sedici.unlp.edu.ar/handle/10915/65290
dc.language.none.fl_str_mv eng
language eng
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info:eu-repo/semantics/altIdentifier/issn/1853-0168
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
http://creativecommons.org/licenses/by/4.0/
Creative Commons Attribution 4.0 International (CC BY 4.0)
eu_rights_str_mv openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by/4.0/
Creative Commons Attribution 4.0 International (CC BY 4.0)
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:SEDICI (UNLP)
instname:Universidad Nacional de La Plata
instacron:UNLP
reponame_str SEDICI (UNLP)
collection SEDICI (UNLP)
instname_str Universidad Nacional de La Plata
instacron_str UNLP
institution UNLP
repository.name.fl_str_mv SEDICI (UNLP) - Universidad Nacional de La Plata
repository.mail.fl_str_mv alira@sedici.unlp.edu.ar
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