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The Evaluation of the Benefits of Basic Need Policies

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  • Pasquale L. Scandizzo
  • Odin K. Knudsen

Abstract

This paper presents a method to quantify social benefits of basic need policies by (a) relating their definition to the degree of fulfillment of accepted social standards, and (b) recasting the analysis of basic need projects within the general framework of shadow pricing in cost-benefit analysis. An empirical application of this method shows that in poor countries, the attempt at upholding a standard of minimum food consumption for the poor would put substantial premiums on food production over and above world (or domestic supply) prices provided that the increased food supply results in sufficiently higher consumption for the undernourished.

Suggested Citation

  • Pasquale L. Scandizzo & Odin K. Knudsen, 1980. "The Evaluation of the Benefits of Basic Need Policies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(1), pages 46-57.
    • Handle: RePEc:oup:ajagec:v:62:y:1980:i:1:p:46-57.
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    File URL: http://hdl.handle.net/10.2307/1239471
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    Cited by:

    1. Scobie, Grant McDonald, 1981. "Government policy and food imports: the case of wheat in Egypt," Research reports 29, International Food Policy Research Institute (IFPRI).
    2. Odin K. Knudsen & Pasquale L. Scandizzo, 2005. "Bringing Social Standards into Project Evaluation Under Dynamic Uncertainty," Risk Analysis, John Wiley & Sons, vol. 25(2), pages 457-466, April.
    3. Chisari, Omar O. & Rodríguez-Pardina, Martín, 1998. "Algunos determinantes de la inversión en sectores de infraestructura en la Argentina," Series Históricas 7445, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Pasquale Lucio Scandizzo, 2002. "A General Equilibrium Analysis of Ownership, Property Rights and Control in a Transition Economy," Working Papers 02-01, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).

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