Economic Evaluation of Sustainable Development
Intro -- Foreword -- Preface -- Acknowledgments -- Contents -- Acronyms -- List of Figures -- List of Tables -- List of Boxes -- Chapter 1: Evaluation, Economics, and Sustainable Development -- Evaluating Sustainable Development -- Economics-Evaluation Interaction -- Evaluating Components of the SDGs -- Inclusive Growth -- Environmental Protection -- Institutions and Governance -- Conclusion -- Bibliography -- Chapter 2: The Spectrum of Impact Evaluations -- Why Impact Evaluation? -- Causal Inference and Counterfactuals -- Estimating the Counterfactual -- Establishing a Theory of Change -- Internal Validity and External Validity -- Random Assignment -- Sampling and Validity Issues in Randomization -- Which Treatment Parameters Are of Interest? -- Need for Baseline Information -- Quasi-experimental Methods -- Difference-in-Differences -- The DID Parallel-Trends Assumption -- Advantages and Limitations of DID -- Regression Discontinuity Design (RDD) -- Advantages and Limitations of the Regression Discontinuity Design (RDD) -- Instrumental Variables (IV) -- Advantages and Limitations of IV -- Propensity Score Matching (PSM) -- Advantages and Limitations of PSM -- Choosing an Impact-Evaluation Method -- Challenges in Conducting Impact Evaluations -- Technical Challenges -- Organizational Challenges -- Political Challenges -- Conclusions -- Bibliography -- Chapter 3: The Picture from Cost-Benefit Analysis -- Why Use CBA? -- Steps in Conducting CBA -- Identifying Benefits -- Identifying Costs -- Valuation Techniques -- Avoid Double Counting -- Computing Net Social Benefit -- Externalities -- Project Benefits and Costs -- Net Present Value (NPV) of Alternative Scenarios -- Uncertainties and Risks -- Factoring Social Equity -- Make a Recommendation -- Applications of CBA -- Conclusion -- Bibliography.