Project Appraisal and Macroeconomic Policy

Authors: van der Burg, T.

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About this book

Environmental economics addresses the issues that arise on the boundaries between economic systems and natural systems, such as pollution and natural resource de­ pletion and degradation. Like any other branch of applied economics, it has drawn its tools and techniques from the wide range already available in economics gener­ ally, selecting, adapting and extending these to meet its own particular requirements in its own particular context. Here, as elsewhere in economics, public policy analy­ sis requires quantitative assessments of the economic impact of different policy choices. Perhaps the most distinctive contribution of environmental economics has been the development of techniques for the economic valuation of environmental goods and services in the absence of markets for such goods and services, or in the presence of markets that are at best imperfect or incomplete. Nevertheless policy analysis still relies on one or another of three broad groups of methods used in eco­ nomics generally. One is project appraisal, which at the micro level provides an evaluation ofthe costs and benefits ofinvestment options to inform the choice among them, while at the macro level policy analysis rests either on computable general equilibrium (CGE) models or on economy-wide macroeconometric models. All models are simplifications, designed to focus attention on the important fea­ tures ofthe problem at hand, and neglecting other features that might for a different problem assume greater importance.

Table of contents (9 chapters)

  • Introduction

    Burg, Tsjalle

    Pages 1-3

  • The macroeconomic effects of specific portfolios of projects

    Burg, Tsjalle

    Pages 5-28

  • Existing methods for the social appraisal of projects in situations of unemployment

    Burg, Tsjalle

    Pages 31-56

  • A method to calculate and evaluate the macroeconomic effects of projects, including small projects

    Burg, Tsjalle

    Pages 57-95

  • The calculations done with the Freia model

    Burg, Tsjalle

    Pages 97-115

Buy this book

eBook $99.00
price for USA (gross)
  • ISBN 978-94-009-0033-2
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $99.00
price for USA
  • ISBN 978-0-7923-3800-0
  • Free shipping for individuals worldwide
  • This title is currently reprinting. You can pre-order your copy now.
Softcover $129.00
price for USA
  • ISBN 978-94-010-6503-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Project Appraisal and Macroeconomic Policy
Authors
Copyright
1996
Publisher
Springer Netherlands
Copyright Holder
Kluwer Academic Publishers
eBook ISBN
978-94-009-0033-2
DOI
10.1007/978-94-009-0033-2
Hardcover ISBN
978-0-7923-3800-0
Softcover ISBN
978-94-010-6503-0
Edition Number
1
Number of Pages
XI, 168
Topics