Regional Economic Impact Analysis and Project Evaluation
192 pages, 6 x 9
Release Date:01 Oct 2007

Regional Economic Impact Analysis and Project Evaluation

UBC Press

This book provides a non-technical introduction to the fundamental principles and techniques of regional impact and evaluation analysis. The book is written for readers who have a minimal background in mathematics and economics and so the materials listed in the bibliographies have been chosen for their accessibility to such readers. References to relevant papers of a more technical nature are indicated in notes in each reference.

Unlike existing texts, which usually concentrate on regional impact or evaluation analysis, Regional Economic Impact Analysis and Project Evaluation offers an extensive introduction to both these subjects, since both are critical to the study and practice of regional economic analysis.

Two case studies, intended as illustrations of practical applications, are included in each of the six chapters that deal with specific principles or techniques. While many of the case studies and much of the literature cited in the bibliographies is Canadian, a substantial portion is from the United States and Great Britain, demonstrating that the principles and techniques discussed in this book are universally applicable.

H. Craig Davis is a professor in the Department of Community and Regional Planning at the University of British Columbia.


1 Introduction

Part 1: Regional Economic Impact Analysis

2 Economic Base Analysis

Case Study 1: An Economic Base Study of a Nova Scotia Region

Case Study 2: A Regression Base Multiplier Model for Kentucky Counties

3 Income-Expenditure Analysis

Case Study 1: An Income-Expenditure Multiplier for a Newly Locating Firm

Case Study 2: The Local Economic Impact of Kent State University

4 Input-Output Analysis

Case Study 1: An Input-Output Model of Metropolitan Vancouver

Case Study 2: An Input-Output Model of the Yukon Territory

Appendix 1: A Mathematical Summary of the Input-Output Model

Appendix 2: The Rectangular Commodity by Industry Input-Output Format

5 Regional Economic Impact Analysis: A Comparison of Approaches

Part Two: Project Evaluation Analysis

6 Cost-Benefit Analysis: The Evaluation of Social Costs and Benefits

Case Study 1: The Evaluation of Recreation Benefits at Grafham Water

Case Study 2: Cost-Benefit Analysis in the Evaluation of STOL Air Transport

7 Cost-Benefit Analysis: Discounting Future Benefits and Costs

Case Study 1: A Cost-Benefit Analysis of an Urban Renewal Project

Case Study 2: A Cost-Benefit Analysis of a New Zealand Aluminum Smelter

8 Cost-Benefit Analysis: Risk Adjustment and Distributional Considerations

Case Study 1: Distributional Analysis and the Third London Airport

Case Study 2: An Evaluation of Alternative Uses for an Urban Land Parcel

9 Economic Evaluation Analysis: A Summary



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