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Non-traded Outputs and External Effects

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Abstract

This chapter surveys the key issues relating to several project effects which are generally difficult to incorporate within an analysis. Initially there is a discussion of the procedures for valuing outputs from projects in non-traded sectors. As pointed out earlier, the treatment of their benefits is less straightforward than where traded output is involved. The procedures for estimating non-traded benefits utilizing a demand curve for the good concerned are discussed, and examples of transport and irrigation projects are considered. The second part of the chapter focuses on external effects and the related concept of linkages.

Keywords

Price Elasticity External Effect Consumer Surplus Demand Curve Shadow Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Steve Curry and John Weiss 1993

Authors and Affiliations

  1. 1.Development and Project Planning CentreUniversity of BradfordWest YorkshireEngland
  2. 2.Development and Project Planning CentreUniversity of BradfordWest YorkshireEngland

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