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State-Level Water Project Evaluation: The Role of Input-Output Analysis

Author

Listed:
  • Weber, Jeff
  • Whittlesey, Norman
  • Elder, Eric

Abstract

The proper role and use of benefit-cost analysis and input-output analysis in state-level project evaluation is critically examined. Benefit-cost provides an appropriate measure of welfare change, while input-output models yield results that are difficult to interpret, since returns to individual primary factors cannot be segmented.

Suggested Citation

  • Weber, Jeff & Whittlesey, Norman & Elder, Eric, 1986. "State-Level Water Project Evaluation: The Role of Input-Output Analysis," 1986 Annual Meeting, July 27-30, Reno, Nevada 278447, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea86:278447
    DOI: 10.22004/ag.econ.278447
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