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1、HANDBOOKONECONOMICANALYSISOFINVESTMENTOPERATIONSPedroBelliJockAndersonHowardBarnumJohnDixonJee-PengTanOperationalCoreServicesNetworkLearningandLeadershipCenterJanuary26,1998AcknowledgmentsThisHandbookistheproductofateameffort.JockAndersoncontributedtothechapteronriskanalysis,HowardBarnumto
2、thechapterontheassessmentofhealthprojects,JohnDixontothechapteronenvironmentalexternalities,andJee-PengTantothechapterontheassessmentofeducationprojects.GeorgePsacharopoulosprovidedveryvaluableinputsontheassessmentofeducationprojects.RodrigoArchondo-Callao,ShantaDeverajan,ColinA.Gannon,Pab
3、loGuerrero,KennethM.Gwilliam,IanG.Heggie,DavidHughart,HowardJones,UlrichLachler,JulioLinares,RicardoMartin,RobertoMosse,A.MeadOver,DavidA.Phillips,AnandarupRay,RobertSchneider,ZmarakShalizi,SethaputSuthiwart-Narueput,LynSquire,AlfredThieme,UlrichThumm,HermanvanderTak,WilliamA.Ward,andKenne
4、thWatsonprovidedinsightfulcomments.WeoweamajorintellectualdebttoArnoldA.Harberger;throughhiswritingsovertheyearshenotonlyprovidedthetheoreticalunderpinningsoftheapproachbutalsocommentedonseveralversionsofthemanuscript.WearealsothankfultoGlennJenkinsforkindlygrantingpermissiontousecasemater
5、ialsthathehasdevelopedforuseatHarvardUniversity.ManythanksalsogotoPatriciaRogers,forhereditorialservices,andtoToneemaHaqandKristynSchraderfortheirassistanceinwritingvariousillustrativeboxes,manipulatinglargeamountsofunwieldydata,andskillfullyputtingthemanuscripttogether.Anyerrorsareentirel
6、ymyresponsibility.PedroBelliJanuary26,1998ContentsIntroduction...................................................................................................................1OrganizationoftheHandbook.......................................................................................
7、..1Chapter1.AnoverviewofEconomicAnalysis.............................................................3PurposeofEconomicAnalysis.........................................................................................3TheEconomicSetting.........................
