The world is increasingly concerned with bridging the developmental gap between the developed and developing countries. With the establishment of a number of institutions for funding the projects including the World Bank, Asian Development Bank, and many other agencies, the need to develop mechanisms to assess economically viable projects is more important than ever. The Social-Cost Benefit Analysis (SCBA) is an important technique used in formulating, appraising, and evaluating projects. It is a facet of applied welfare economics which is increasingly being used to identify and assess public projects in both developing and developed countries. This volume presents a comprehensive view of cost-benefit analysis in its theoretical and applied dimensions. Both theory and case studies are presented. The theoretical setting for Cost-Benefit Analysis is established by the first five chapters-"Spatial General Equilibrium and Cost-Benefit Analysis," by David M. Newbery; "Optimum Growth Theory and Social Time Preference: A Computerized Mathematical Modeling Exercise to Choose a Social Discount Rate," by Sardar M. N. Islam; "A Theoretical Inquiry of the Axiomatic Consistency of Distributional Weights used in Cost-Benefit Analysis," by Giuseppe Munda; "The Output Gap: Measurement, Related Concepts, and Policy Implications," by Parameswar Nandakumar; and "A Methodological Comparison of Theoretical Approaches in Dichotomous Choice Contingent Valuation," by John C. Whitehead. This book will be useful as a reference text by professors and students in project appraisal classes and will be of equal value to analysts, planners, and interested general readers.
1. Spatial General Equilibrium and Cost-Benefit Analysis -
2. Optimum
Growth Theory and Social Time Preference: A Computerised Mathematical
Modelling Exercise to Choose a Social Discount Rate -
3. A Theoretical
Inquiry on the Axiomatic Consistency of Distributional Weights Used in
Cost-Benefit Analysis -
4. The Output Gap: Measurement, Related Concepts and
Policy Implications -
5. A Methodological Comparison of Theoretical
Approaches in Dichotomous Choice Contingent Valuation -
6. Cost-Benefit
Analysis, Ethics and the Natural Environment
7. Transport Cost Analysis:
Applications in Developed and Developing Countries -
8. Cost-Benefit Analysis
and the Evaluation of New Technology and Policies in Natural Resources -
9.
Cost-Benefit Analysis and the Environment: A Critical Assessment -
10. The
Limits of Economic Rationality: Social and Environmental Impacts of
Recreational Land Use -
11. Cost-Benefit Analysis and Wildlife Conservation:
A Sustainable Application?
12. Cost-Benefit Analysis of Climate Change:
Towards an Operational Decision Making Rule for Climate Change Policy -
13.
The Effect of Social Time Preference on the Future of the Australian Economy
and Environment: Findings from the Australian Dynamic Integrated Climate and
Economy Mode (ADICE) -
14. An Economic and Environmental Assessment of
Herbicide- Resistant and Insect/Pest-Resistant Crops -
15. Spatial
Discounting and the Environment: An Empirical Investigation into Human
Preferences -
16. The Free-Riding Behaviour in Culatra Island Case Study:
Detection and Correction -
17. The Cost of Wealthy Modern Cities
18. Valuing
Multiple Health Risks from Long-Term Low Dosage Exposure to Hazardous
Chemicals -
19. Challenges and Pitfalls of Cost-Benefit Analysis in
Environmental Issues -20. Challenges in Valuation: The Health Benefits of
Reducing Air Pollutants
21. The Implications of Ecological Economic
Theories of Value to Cost-Benefit Analysis: Importance of Alternative
Valuation for Developing Nations with Special Emphasis on Central America
James H. Meisel (Author) , K. Puttaswamaiah (Author)
