出版社:Economic Laboratory for Transition Research Podgorica
摘要:Initiators of public investment projects and representatives of target
groups seek to choose the best option ensuring the greatest benefits
generated to the public. Measurement of social benefits is complicated
due to a multifaceted character and complexity of monetary
measures as well as other quantitative and qualitative measures.
The issue of social benefits’ measurement is controversial and full
of criticism. Consequently, discussing it is highly relevant. We propose
a model for comprehensive evaluation of social benefits generated
by public investment projects. This model allows choosing
the best option of a project irrespective of the areas of social environment,
initiators and operators, target groups, size of initial investments,
locations of implementation, as well as tangibility of
investments. This model was tested by employing a method of case
study analysis. SAW was applied for combining different social benefit
indicators into one comparable indicator and TOPSIS – for determination
of general indicator variation values. The model was developed
for ex-ante evaluation of social benefits generated by public
investment projects. It does not cover financial outcome, operating
costs, risk appraisal and issues of determining the social discount
rate.
关键词:Public investment projects;
social benefits;
investment option;
SAW;
TOPSIS;