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Equity in welfare evaluations : the rationale for and effects of distributional weightingBångman, Gunnel January 2006 (has links)
This thesis addresses the issue of weighted cost-benefit analysis (WCBA). WCBA is a welfare evaluation model where income distribution effects are valued by distributional weighting. The method was developed already in the 1970s. The interest in and applications of this method have increased in the past decade, e.g. when evaluating of global environmental problems. There are, however, still unsolved problems regarding the application of this method. One such issue is the choice of the approach to the means of estimating of the distributional weights. The literature on WCBA suggests a couple of approaches, but gives no clues as to which one is the most appropriate one to use, either from a theoretical or from an empirical point of view. Accordingly, the choice of distributional weights may be an arbitrary one. In the first paper in this thesis, the consequences of the choice of distributional weights on project decisions have been studied. Different sets of distributional weights have been compared across a variety of strategically chosen income distribution effects. The distributional weights examined are those that correspond to the WCBA approaches commonly suggested in literature on the topic. The results indicate that the choice of distributional weights is of importance for the rank of projects only when the income distribution effects concern target populations with low incomes. The results also show that not only the mean income but also the span of incomes, of the target population of the income distribution effect, affects the result of the distributional weighting when applying very progressive non-linear distributional weights. This may cause the distributional weighting to indicate an income distribution effect even though the project effect is evenly distributed across the population. One rational for distributional weighting, commonly referred to when applying WCBA, is that marginal utility of income is decreasing with income. In the second paper, this hypothesis is tested. My study contributes to this literature by employing stated preference data on compensated variation (CV) in a model flexible as to the functional form of the marginal utility. The results indicate that the marginal utility of income decreases linearly with income. Under certain conditions, a decreasing marginal utility of income corresponds to risk aversion. Thus the hypothesis that marginal utility of income is decreasing with income can be tested by analyses of individuals’ behaviour in gambling situations. The third paper examines of the role of risk aversion, defined by the von Neumann-Morgenstern expected utility function, for people’s concern about the problem of ‘sick’ buildings. The analysis is based on data on the willingness to pay (WTP) for having the indoor air quality (IAQ) at home examined and diagnosed by experts and the WTP for acquiring an IAQ at home that is guaranteed to be good. The results indicate that some of the households are willing to pay for an elimination of the uncertainty of the IAQ at home, even though they are not willing to pay for an elimination of the risks for building related ill health. The probability to pay, for an elimination of the uncertainty of the indoor air quality at home, only because of risk aversion is estimated to 0.3-0.4. Risk aversion seems to be a more common motive, for the decision to pay for a diagnosis of the IAQ at home, among young people. Another rationale for distributional weighting, commonly referred to, is the existence of unselfish motives for economic behaviour, such as social inequality aversion or altruism. In the fourth paper the hypothesis that people have altruistic preferences, i.e. that they care about other people’s well being, is tested. The WTP for a public project, that ensures good indoor air quality in all buildings, have been measured in three different ways for three randomly drawn sub-samples, capturing different motives for economic behaviour (pure altruism, paternalism and selfishness). The significance of different questions, and different motives, is analysed using an independent samples test of the mean WTPs of the sub-samples, a chi-square test of the association between the WTP and the sample group membership and an econometric analysis of the decision to pay to the public project. No evidence for altruism, either pure altruism or paternalism, is found in this study.
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Understanding the Clean Development Mechanism and its dual aims : the case of China's projectsSun, Qie January 2011 (has links)
Having been running for over 10 years, the Clean Development Mechanism (CDM) is considered an innovative and successful mitigation initiative. CDM has the dual aims of helping industrialised countries achieve compliance with their emission limitation and reduction commitments in a cost-effective way, while simultaneously assisting developing countries in sustainable development. This thesis does a comprehensive analysis of the dual aims of CDM and is intended to assist in discussions about the post-2012 regime regarding CDM. To analyse the aim of assisting mitigation in a cost-effective way, the prices of certified emission reductions (CERs) on the international carbon market was studied and the provision of CDM was tested by comparing the amount of CERs with the mitigation commitments of the Annex I countries. It was found that CDM plays an important role in maintaining the international carbon price at a low level and that the total amount of CERs alone had already reached up to 52.70% of the entire mitigation commitments of industrialized countries by the end of 2010 and was continuing to grow before 2012. A theoretical analysis of the impacts of CDM showed that CDM has a double mitigation effect in both developing countries and industrialised countries, without double counting at present. A quantitative evaluation of the effects of China’s CDM projects on China’s total emissions showed that the contribution of CDM projects to limiting total emissions is small due to the dominance of fossil fuels, but CDM’s role in stimulating renewable energy is significant, e.g. about 11% of hydropower and 93% of wind power was generated by CDM projects in 2010. The results provide strong evidence in support of CDM’s contribution under the current Kyoto Protocol mitigation regime. To analyse the aim of promoting sustainable development in developing countries, popular methods such as checklist, Multi-Criteria Analysis (MCA) and Cost-Benefit Analysis (CBA) were reviewed, a CBA of co-benefits of China’s CDM projects was carried out, and the Analytic Hierarchy Process (AHP) method was applied in an experimental study. The results showed that every method has its own advantages and problems. In other words, neither the CBA of co-benefits nor the AHP method alone is able to assess sustainable development in a completely satisfactory way. Currently, a bottom-up approach through engaging local stakeholders in CDM design and approval, combining a mandatory monitoring and evaluation of co-benefits, could be more effective for safeguarding local sustainable development than any consolidated standards. The future of the CDM is still unclear mainly due to uncertainties about the post-2012 regime. This thesis shows that there is more than sufficient reason for CDM to continue after 2012. Industrialised countries in general should make more substantial efforts to reduce their domestic emissions rather than blaming developing countries. For developing countries, learning from the CDM projects and further applying the knowledge, technology and experiences to their domestic development agenda could be more valuable than the present CER revenues. CDM can be an important starting point for developing countries to gradually make incremental greenhouse gas (GHG) reduction and limitation efforts. / QC 20110817
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Att beräkna det goda samhället : Samhällsekonomiska analyser och gränslandet expertis–politik inom transportområdet / To calculate the good society : Cost-benefit analysis and the border between expertise and policy in the transport sectorThoresson, Karin January 2011 (has links)
Det övergripande transportpolitiska målet i Sverige har sedan 1998 varit att säkerställa en samhällsekonomiskt effektiv och långsiktigt hållbar transportförsörjning för medborgarna och näringslivet i hela landet. Under perioden fram till 2010 har samhällsekonomiska underlag fått en allt tyngre roll i den formulerade transportpolitiken och den statliga styrningen av den långsiktiga planeringen som ett verktyg för att prioritera mellan investeringar i nya vägar och järnvägslänkar. I studien utforskades den samhällsekonomiska analysens roll i den formulerade transportpolitiken och dess styrning av den regionala infrastrukturplaneringen. Studien utgår ifrån ett konstruktivistiskt angreppssätt och en syn på relationen mellan vetenskap/expertis och politik som samproducerad. Det empiriska material som ligger till grund för analysen består av dokument och intervjutranskriptioner. De dokument som har analyserats är publikationer om den samhällsekonomiska analysmetoden, utgivna av myndigheten Statens institut för kommunikationsanalys (SIKA) och dels olika typer av transportpolitiska dokument. Intervjuerna genomfördes med tretton regionala beslutsfattare och en tjänsteman, vilka varit delaktiga i upprättandet av en regional infrastrukturplan i Västra Götaland. Studien visar att samhällsekonomisk analys är en värderingsmetod med stort inflytande i den formulerade transportpolitiken. Trots att den framställs som ett objektivt sätt att utvärdera den samhällsekonomiska effektiviteten hos väg- och järnvägsobjekt, och i förlängningen deras bidrag till det övergripande målet, utgör metodens grunder till stor del en svart låda i den transportpolitiska diskussionen. Detta gäller även hos de intervjuade beslutsfattarna, men de konstruerar den enskilde politikerns omdöme som den viktigaste grunden för beslut. / The study deals with applied cost-benefit analysis (CBA) and the significant role this method has acquired in transport policy in Sweden since 1998. It is a study of a valuation method at the intersection between neoclassical economics, expertise, Swedish transport policy, long term planning and regional decision makers. Specifically, it focuses on the co-production of expertise and politics and how boundaries are drawn between them in relation to valuation. Departing from a constructionist approach to science and expertise, the study is concerned with how CBA and valuation is depicted in various contexts. The empirical foundation of the study concists of documents dealing with CBA, several kinds of transport policy documents and interview transcripts resulting from interviews with thirteen regional decision makers and one regional official. The analysis shows the significant influence of CBA on transport policy. While this valuation method is depicted as an objective valuation tool in planning, its conceptual foundation tends to be black-boxed outside the domain of expertise. This applies also to the interviewed regional decision makers. However, they delimit the space for CBA as a sufficient decision support. In addition, they construct judgment as the most important basis for decisions on infrastructure. Still, it is argued, the black-boxing of CBA in transport policy affect the political landscape negatively: it entails a risk that important political issues are made more inaccessible for public debate.
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Impact of a Large Scale Mine Development on the National Economy of Fiji -Issues raised by the proposed Namosi mine-Yoshitaka Hosoi Unknown Date (has links)
Minerals are important natural resources and their development is a historically old, yet new, idea for creating economic prosperity in developing countries. Various researchers have evolved several arguments regarding the impact of mineral resources on development and growth, but they have yet to furnish a practical method of economic evaluation of mineral resources development. This thesis focuses on the economic impact of mineral resource development in a small developing country in the South Pacific Region, namely Fiji. Fiji has expectations and faces challenges in its natural resources development. The Namosi project, a large copper-gold mine development, has been proposed and is under consideration by the Fijian government, who is deliberating on whether mining resources should be developed as a means to add to its prosperity and economic growth or alternatively conserved from the standpoint of the environment and stability. In this study, four significant issues are analyzed viz.: 1) Whether the Namosi mine development project gives a positive net private return. 2) Whether the predicted amount of revenue flowing to the Fijian government from the Namosi mine development exceeds the estimated external cost (in this case, environmental cost) from its development. 3) The impacts of the project on various levels of the Fijian economy, and whether the mine development in Fiji results in an enclave industry; and whether mining has strong or weak backward and forward production linkages with the rest of the Fijian economy. 4) Whether “Dutch disease” will ensue from mining development in Fiji and its level of severity. Regarding issue 1) above, Private Cost-Benefit Analysis (CBA) is conducted by applying the Discounted Cash Flow (DCF) method to evaluate the Namosi mining project based on financial projections. Furthermore, sensitivity analysis is conducted in order to allow for possible variations in copper and gold prices. This analysis indicates that given the anticipated metal prices, private returns from this mining development are likely to be positive. Indeed, the current high metal prices would lead to high private returns. Regarding issue 2) above, Social Cost-Benefit Analyses are attempted. Under the given circumstances, the results show that the benefits of the mine project, as a whole for its 29-year life, substantially outweigh the environmental costs of the project to Fiji. However, due to a lack of available data on the economic magnitude of environmental spillovers, only estimates of environmental costs of the Namosi mining development could be made. Regarding issue 3) above, Input-Output model analysis is performed. Fiji’s total output (without production from the Namosi mine) is found to be F$5,529.917 million. It is estimated that the Namosi project will increase the output of Fiji directly by F$465.574 million (which includes the production inducement effect) and will result in an increase of F$543.788 million in overall Fijian output (GDP). This increase will also be followed by an increased output of about F$10-30 million in related industries, such as in the commerce, transport, and insurance sectors. Based on this Input-Output analysis, it is found that Fiji’s mining sector is an export-oriented enclave industry and that the mining industry itself has very little influence on economic activity in other sectors of the economy. Regarding issue 4) above, the Computable General Equilibrium (CGE) model analysis is applied. Evidence of the likely occurrence of Dutch disease can be detected from output indicators of each industry, consumer prices and exports. Examples of Dutch disease are as follows: a decrease in output of agricultural industries and in export-oriented domestic industries; an increase in consumer prices (inflation); a decrease of exports both in exportable agricultural products and in manufactured products oriented to exports. However, several macro-variables improve, such as employees’ income, trade (exports and imports), tax revenue, tariff revenue, VAT revenue, government account (savings and expenditure) and GDP etc. These results suggest that there could be a major increase in national welfare. Thus, from an economics point of view, it has been found (by comparing gains in Fijian government revenue with potential Fijian environmental costs) that it is very likely that development of the Namosi mine will result in a net social gain to Fiji. These results are based on the application of principles of social cost-benefit analysis and indicate that a Kaldor-Hicks improvement (a potential Pareto improvement) is likely for Fiji as a result of the mining development. This means that from the predicted net revenue gains of the Fijian government from mining, those who suffer environmental losses would be compensated and the government would still have some extra revenue left over. An actual Paretian improvement is also possible.
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The process of forest conservation in Vanuatu : a study in ecological economicsTacconi, Luca, Economics & Management, Australian Defence Force Academy, UNSW January 1995 (has links)
The objective of this thesis is to develop an ecological economic framework for the assessment and establishment of protected areas (PAs) that are aimed at conserving forests and biodiversity. The framework is intended to be both rigorous and relevant to the decision-making process. Constructivism is adopted as the paradigm guiding the research process of the thesis, after firstly examining also positivist philosophy and ???post-normal??? scientific methodology. The tenets of both ecological and environmental economics are then discussed. An expanded model of human behaviour, which includes facets derived from institutional economics and socioeconomics as well as aspects of neoclassical economics, is outlined. The framework is further developed by considering, from a contractarian view point, the implications of intergenerational equity for biodiversity conservation policies. The issues of intragenerational distribution and allocation are then considered. In this regard, cost-benefit analysis (CBA), as applied to the valuation of forests, PAs, and biodiversity, is critically reviewed. A participatory approach to decision-making, which may also include CBA, is then proposed. The resulting ecological economic framework may be thus summarised: (a) ecosystem use patterns should be chosen on the basis of their sustainability, distributional, and efficiency aspects; (b) systems of PAs should be established in order to achieve minimal intergenerational equity; (c) intragenerational equity requires the correction of the asymmetrical distribution of the costs and benefits arising from the establishment of PAs; (d) the institutional features relevant to the environmental-economic issues being analysed should be considered; and (e) the decision-making process should be participatory and action oriented. The framework is applied to two case studies in Vanuatu. These applications detail (a) stakeholders??? views and trade-offs faced in relation to forest management (b) modes of participatory research and decision-making, (c) forms of compensation that may be adopted in correcting asymmetrical distributions of the costs and benefits of PAs, and (d) institutional influences on ecosystems use and implications for conservation projects. The institutional arrangements developed for the establishment of the PAs are presented. The application of this ecological economic framework has resulted in the formal establishment of one PA and the identification and assessment of five other PAs.
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Modeling the economics of prevention /Lindgren, Peter, January 2005 (has links)
Diss. (sammanfattning) Stockholm : Karolinska institutet, 2005. / Härtill 4 uppsatser.
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Le soutien parental à l’autonomie et l’honnêteté : le rôle médiateur de l’intériorisation de la valeur de l’honnêteté et de l’analyse coûts/bénéficesBureau, Julien 04 1900 (has links)
No description available.
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Åtgärdande av felkopplingar som kompensationsåtgärd för ökade dagvattenföroreningar : en fallstudie med en kostnads-nyttoanalys / Fixing incorrect connections in sewage pipes as a compensatory measure for increasing levels of stormwater pollutants : a case study with a cost-benefit analysisBozorgi, Rozbe January 2018 (has links)
Weserdomen 2015 resulterade i en strängare tolkning av EU:s ramdirektiv för vatten vilket bland annat innefattade att inga exploateringar får tillåtas om dessa medför att minst en kvalitetsfaktor i vattnet får en sämre statusklass, oavsett hur övriga kvalitetsfaktorer påverkas. Den strängare tolkningen, i kombination med en ökad urbaniseringsgrad, ställer högre krav på samhällets hantering av spill- och dagvatten. Ett vanligt sätt att säkerställa ovanstående krav är att tillämpa olika lösningar för lokalt omhändertagande av dagvatten (LOD). Syftet med dessa lösningar är att hantera dagvattnet så nära uppkomstkällan som möjligt. I vissa fall kan det dock tänkas att det finns mer effektiva åtgärder för att säkerställa god vattenstatus. En åtgärd som syftar till att kompensera för frånvarandet av en annan åtgärd kallas för kompensationsåtgärd. I det här examensarbetet har fallet med att spåra och åtgärda felkopplingar i ledningsnätet (spillvatten kopplat på dagvattennätet) undersökts som kompensationsåtgärd för LOD. Den specifika LOD-lösning som använts i arbetet har varit dagvattendammar. Examensarbetet har utrett rådande lagstiftning vad gäller kompensationsåtgärder samt gjort en fallstudie för Bällstaån med en kostnads-nyttoanalys där åtgärdandet av felkopplingar jämförts med anläggandet av dagvattendammar. Resultatet av undersökningarna visade att kompensationsåtgärder idag är ett begrepp som kan tolkas olika, där det även i domstolen genom åren har tolkats olika. Nuvarande praxis är dock att en kompensationsåtgärd inte kan åberopas för att tillåta en exploatering som annars hade funnit avslag. Att kunna nyttja åtgärdandet av felkopplingar som kompensationsåtgärd för LOD är således, med dagens regelverk, väldigt osannolikt. Fallstudien visade att åtgärdandet av felkopplingar, med avseende på vattenkvalitet är en betydligt mer kostnads-nyttoeffektiv åtgärd i jämförelse med anläggandet av dagvattendammar. Bristen på studier och utredningar på felkopplingar av denna typ är, mot bakgrund av fallstudien, förmodligen en indikator på att mer resurser bör läggas inom detta område. / In 2015 the Weser Case resulted in a more stringent interpretation of the EU Water Framework Directive. For instance, the ruling stated that no projects should be given permission if even as little as one quality factor ends up with a lower status, regardless of how the other quality factors are affected. The stricter interpretation, combined with an increasing grade of urbanization, places higher demands on society’s management of wastewater and stormwater. One common way of ensuring the above requirements is to apply different solutions of best management practices for stormwater (BMP). The purpose of these solutions is to process the water as close to the source of origin as possible. However, in some cases it may be that there are more effective measures to ensure good water quality. A measure taken with the purpose of compensating for the absence of a different action is called a compensatory measure. In this thesis, the case of fixing incorrect connection of sewage pipes (where wastewater pipes have been incorrectly connected to stormwater pipes) was investigated as a compensatory measure for stormwater ponds (a common BMP). The prevailing legislation regarding compensatory measures was analysed and a case study has been conducted for Bällstaån. The case study included a cost-benefit analysis where the fixing of incorrectly-connected sewage pipes was compared with the implementation of stormwater ponds. The investigation regarding the legislative aspect showed that compensatory measures are a concept that can be interpreted somewhat differently. This has also been the case in the court over the years. However, current practice shows that a compensatory measure cannot be invoked to allow a project that otherwise would have been refused. Being able to use the fixing of incorrect connections as a compensation for BMP is thus, with today’s regulation, very unlikely. The case study showed that fixing incorrect connections in sewage pipes is, with regard to water quality, a far more cost-beneficial measure compared to the construction of stormwater ponds. Furthermore, the lack of studies regarding this kind of incorrect connections is, in the light of the results from the case study, probably an indication that this is a problem that fairly few people work with and where more resources could be a good investment for future water quality.
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Practices, motivation, perceived benefits and barriers to outsourcing by hospitals in UgandaMujasi, Paschal Nicholas 02 1900 (has links)
Text in English / This study investigated practices, motivations, perceived benefits and barriers to outsourcing of support services by general hospitals in Uganda. The aim was to contribute to the evidence base to increase adoption and effectiveness of outsourcing by hospitals in Uganda.
An explanatory sequential mixed methods design was used. Quantitative data was collected from hospital managers in 32 randomly selected hospitals using a self-administered questionnaire. Qualitative data was collected through in-depth interviews from 8 purposively selected hospital managers using an interview guide. Quantitative data was statistical analysed (frequencies, contingency tables and Wilcoxon-Mann-Whitney tests) using SAS 9.3. Qualitative data was managed using ATLAS ti 7, coded manually and content analysis conducted to identify emerging themes, subthemes and categories. A cost benefit analysis was conducted for outsourcing cleaning services in a selected hospital using financial data provided by the managers.
Quantitative findings indicate that many (72%) hospitals were outsourcing some of their support services; many were satisfied with their outsourcing (>60%). The key motivation for outsourcing was to gain access to quality service (68%). Most hospitals have a system for monitoring outsourcing (71%). Managers perceive improved productivity and better services as the main benefit from outsourcing (90%). The main barrier to outsourcing is limited financing. A key challenge encountered during outsourcing was limited number of service providers (57%). Managers perceive regulatory violations as a key risk during outsourcing (87%). Hospital location is a determinant of outsourcing (p=0.0033). Managers’ perceptions towards outsourcing have no impact on outsourcing (p>0.05). These findings were confirmed and explained by the qualitative data. Qualitative findings reveal masquerading, impersonation and extortion of patients by outsourced staff as an outsourcing risk. They reveal a concern that outsourcing may lead to job loss for community members. The cost benefit analysis indicates that outsourcing in the studied hospital for the year considered was cheaper than insourcing by UGX 669,575.00. The savings increase to UGX 48,753,689.94 when adjusted for quality differences between insourced and outsourced services. Sensitivity analysis shows that the assumptions used in the analysis were robust.
Recommendations, interventions and guidelines are proposed for increasing outsourcing and its effectiveness. / Health Studies / D. Litt. et Phil. (Health Studies)
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Možnosti podpory vodní turistiky z fondů EU. / The possibilities of supporting water turism by EU funds.VOTRUBA, Ondřej January 2007 (has links)
The subject of this dissertation is the analysis of possibilities for financing business projects in the tourism sphere. Partial aims are study and comparison of program documentations and also monitoring of procedure leading to acquisition of financial support and actual project proposal. I´ve developed the project according to the rules for regional operation program Jihozápad and according to the directions from the applicant´s handbook, which I´ve used for examining the study of performability, the Cost - Benefit Analysis, Cash flow, time schedule and other necessary analyses. The project focuses on the services development in water tourism sphere of given locality. A concrete task is set to establish a refreshment store with employees´ background. On the ground floor of the building there will be a new restroom, connected to a newly built sewage station. Last planned action is a drilled well with supplements. The specific task of the project is edulcorating and extending the time spent by the visitors in our camp and providing better conditions for the employees. The project is based on the presumption of enhancing the quality of services will attract both water sportsmen and local citizens, cyclotourists and other interest groups.
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