IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-37850-6_11.html
   My bibliography  Save this book chapter

National Economic Parameters

In: Project Analysis in Developing Countries

Author

Listed:
  • Steve Curry

    (University of Bradford)

  • John Weiss

    (University of Bradford)

Abstract

This chapter discusses the national economic parameters (NEP) required for project analysis. Such parameters are national in that they apply to all projects regardless of their sector, and they are economic because they reflect the shadow price of the items concerned. A typical set of NEP covers CFs for unskilled and skilled labour, some of the main non-traded sectors, some aggregate CFs, such as a consumption conversion factor (CCF) and a standard or average conversion factor (ACF), and the discount rate. A project analyst can apply these parameters directly to the project under analysis so that, for example, the discount rate or a conversion factor for electricity does not need to be re-estimated for every project. Some shadow pricing will still need to be done at the project level, relating to the main project output and key inputs, and probably also to labour. However, the existence of a set of NEP allows the project analyst to focus on parameters that are treated most accurately on a specific project-by-project basis.

Suggested Citation

  • Steve Curry & John Weiss, 1993. "National Economic Parameters," Palgrave Macmillan Books, in: Project Analysis in Developing Countries, chapter 11, pages 247-273, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37850-6_11
    DOI: 10.1057/9780230378506_11
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-37850-6_11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.