Benefit valuation for a Cost-Benefit Analysis in the context of developing nations

Cost Benefit Analyses can be useful tools for the appraisal of infrastructure projects and policies. The literature and guidance documents on the application of the CBA methodology are extensive. Moreover, the vast majority of this literature is focused on applications in upper and upper-middle coun...

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Main Author: Luis Loría Rebolledo
Format: Article
Language:Spanish
Published: Universidad Nacional de Educación a Distancia (UNED) 2020-12-01
Series:Revista Nacional de Administración
Subjects:
Online Access:https://revistas.uned.ac.cr/index.php/rna/article/view/3219
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author Luis Loría Rebolledo
author_facet Luis Loría Rebolledo
author_sort Luis Loría Rebolledo
collection DOAJ
description Cost Benefit Analyses can be useful tools for the appraisal of infrastructure projects and policies. The literature and guidance documents on the application of the CBA methodology are extensive. Moreover, the vast majority of this literature is focused on applications in upper and upper-middle countries (developed nations). This paper adds to this literature by exploring the issues of undertaking a benefit valuation exercise, as part of a CBA, in the context of developing nations. It provides an overview of the different methodologies to value benefits and offers guidance on some of the issues that may arise when such methodologies are implemented in a developing nation. This paper also offers general guidance to ensure a benefit valuation exercise provides a helpful tool to appraise a project in the context of a developing nation.
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spelling doaj.art-fad7d84668d84515a9557367bdc8b16e2022-12-21T20:41:09ZspaUniversidad Nacional de Educación a Distancia (UNED)Revista Nacional de Administración1659-49081659-49322020-12-0111210.22458/rna.v11i2.3219Benefit valuation for a Cost-Benefit Analysis in the context of developing nationsLuis Loría Rebolledo0Health Economics Research Unit, University of Aberdeen, ScotlandCost Benefit Analyses can be useful tools for the appraisal of infrastructure projects and policies. The literature and guidance documents on the application of the CBA methodology are extensive. Moreover, the vast majority of this literature is focused on applications in upper and upper-middle countries (developed nations). This paper adds to this literature by exploring the issues of undertaking a benefit valuation exercise, as part of a CBA, in the context of developing nations. It provides an overview of the different methodologies to value benefits and offers guidance on some of the issues that may arise when such methodologies are implemented in a developing nation. This paper also offers general guidance to ensure a benefit valuation exercise provides a helpful tool to appraise a project in the context of a developing nation.https://revistas.uned.ac.cr/index.php/rna/article/view/3219Public policiesinfrastructure policiesdeveloping nations
spellingShingle Luis Loría Rebolledo
Benefit valuation for a Cost-Benefit Analysis in the context of developing nations
Revista Nacional de Administración
Public policies
infrastructure policies
developing nations
title Benefit valuation for a Cost-Benefit Analysis in the context of developing nations
title_full Benefit valuation for a Cost-Benefit Analysis in the context of developing nations
title_fullStr Benefit valuation for a Cost-Benefit Analysis in the context of developing nations
title_full_unstemmed Benefit valuation for a Cost-Benefit Analysis in the context of developing nations
title_short Benefit valuation for a Cost-Benefit Analysis in the context of developing nations
title_sort benefit valuation for a cost benefit analysis in the context of developing nations
topic Public policies
infrastructure policies
developing nations
url https://revistas.uned.ac.cr/index.php/rna/article/view/3219
work_keys_str_mv AT luisloriarebolledo benefitvaluationforacostbenefitanalysisinthecontextofdevelopingnations