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Non-traded Outputs and Benefit Valuation

In: Project Analysis in Developing Countries

Author

Listed:
  • Steve Curry

    (Asian Development Bank)

  • John Weiss

    (University of Bradford)

Abstract

The chapter commences with 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 utilising a demand curve for the good concerned are discussed, as is the contingent valuation method involving a survey approach. Social sectors, like health and education, where outputs are recognised as being particularly difficult to value, are discussed briefly. The Appendix (p. 189) gives a project example from the water sector as an illustration.

Suggested Citation

  • Steve Curry & John Weiss, 2000. "Non-traded Outputs and Benefit Valuation," Palgrave Macmillan Books, in: Project Analysis in Developing Countries, edition 0, chapter 7, pages 167-201, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37511-6_7
    DOI: 10.1057/9780230375116_7
    as

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