Economic Analysis of Agricultural ProjectsThe project concept. Projects, the cutting edge of development. Plans and projects. Advanteges of the project format. Aspects of project preparation and analysis. The project cycle. Accuracy of agricultural project analyses. Why agricultural project analyses prove wrong. Steps in project analysis. Identifying project costs and benefits. Objectives, costs, and benefits. Direct transfer payments. Costs of agricultural projects. Tangible benefits of agricultural projects. Secondary costs and benefits. Intangible costs and benefits. Financial aspects of project analysis. Pricing project costs and benefits. Prices reflect value. Finding market prices. Predictin future prices. Prices for internationally traded commodities. Financial export and import parity prices.Farm investment analysis. Objectives of financial analysis. Preparing the farm investment analysis. Elements of farm invewstment analysis. Net benefit increase. Unit activity budgets. Computing debt service. Financial analysis of processing industries. Balance sheet. Sources-and-uses-of-funds statement. Financial ratios. Financial rate of return. Analyzing project effects on government receipts and expenditures. Economic aspects of project analysis. Determining economic values. Aggregating project accounts. Measures of project worth. Comparing project costs and benefits. Applying discounted measures of project worth. Sensitivity analysis (treatment of uncertainty). Switching value. Choosing among mutually exclusive alternatives. |
Contents
Projects The Cutting Edge of Development | 3 |
Accuracy of Agricultural Project Analyses | 26 |
Why Agricultural Project Analyses Prove Wrong | 29 |
Copyright | |
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12 percent African Development Bank agricultural projects alternative amount animal units annual annuity factor assumed benefit after financing benefit stream benefit-cost ratio benefit-investment ratio breeding cows calculated capital recovery factor cash flow chapter closing stock computation cost of capital cost recovery costs and benefits culling debt service determine discount factors Discount Present discount rate discounting tables discussion domestic economic analysis economic rate economic value enterprise estimate export factor worth family labor farm budgets farm investment analysis farmers financial analysis foreign exchange premium hectare heifers herd projection import parity included increase incremental net benefit inputs internal rate irrigation project kilograms livestock maize market prices measures of project ment multiplied national income nontraded items Omit Omit Omit operating expenditure opportunity cost output Paraguay example pattern farm payment period present worth project accounts project analysis project worth rate of return repayment shadow exchange rate shadow prices tion World Bank