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  • 标题:Comprehensive Measurement of Social Benefits Generated by Public Investment Projects
  • 本地全文:下载
  • 作者:JURGITA BARANAUSKIENE ; VILIJA ALEKNEVICIENE
  • 期刊名称:Montenegrin Journal of Economics
  • 印刷版ISSN:1800-5845
  • 电子版ISSN:1800-6698
  • 出版年度:2019
  • 卷号:15
  • 期号:4
  • 页码:195-210
  • DOI:10.14254/1800-5845/2019.15-4.15
  • 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;
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