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Distributional effects of agricultural productivity in benefit cost analysis: alternative weighting of benefits and costs

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  • Moss, Charles B.
  • Schmitz, Andrew

Abstract

This paper proposes a methodology to weight benefit/cost analysis in a way that increases the policy focus on food insecure households. Such a weighting may be important to policy makers such as the Consulting Group for International Agricultural Research who must choose between research and development alternatives in developing countries. Specifically, the weights can be set to emphasize the needs of low-resource households and smallholder agriculture.

Suggested Citation

  • Moss, Charles B. & Schmitz, Andrew, 2016. "Distributional effects of agricultural productivity in benefit cost analysis: alternative weighting of benefits and costs," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 246905, African Association of Agricultural Economists (AAAE).
    • Handle: RePEc:ags:aaae16:246905
    DOI: 10.22004/ag.econ.246905
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    References listed on IDEAS

    as
    1. Harberger, Arnold C, 1978. "On the Use of Distributional Weights in Social Cost-Benefit Analysis," Journal of Political Economy, University of Chicago Press, vol. 86(2), pages 87-120, April.
    2. Richard E, Just & Darrell L. Heuth & Andrew Schmitz, 2004. "The Welfare Economics of Public Policy," Books, Edward Elgar Publishing, number 3342.
    3. Currie, John Martin & Murphy, John A & Schmitz, Andrew, 1971. "The Concept of Economic Surplus and its Use in Economic Analysis," Economic Journal, Royal Economic Society, vol. 81(324), pages 741-799, December.
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    More about this item

    Keywords

    Financial Economics; Food Security and Poverty; Research and Development/Tech Change/Emerging Technologies;
    All these keywords.

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