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Analyzing reimbursement mechanisms for resource development projects
Author(s) -
Dobbs Thomas L.,
Huff Charles E.
Publication year - 1974
Publication title -
water resources research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.863
H-Index - 217
eISSN - 1944-7973
pISSN - 0043-1397
DOI - 10.1029/wr010i006p01061
Subject(s) - reimbursement , revenue , resource (disambiguation) , business , equity (law) , actuarial science , environmental economics , computer science , economics , finance , health care , political science , economic growth , computer network , law
A procedure for analyzing reimbursement mechanisms for natural resource development projects is presented and applied to a case study of a proposed water transfer project in Wyoming. The analytic framework presented consists of an impact matrix and a reimbursement matrix. Efficiency, equity, revenue‐raising ability, and administrative feasibility criteria are utilized to assess the reimbursement mechanisms in light of information displayed in the two matrices. Application of the analytic framework to the case study indicates its usefulness to state and regional planners responsible for project financing and reimbursement analyses. By utilizing separate impact and reimbursement matrices the framework described helps to distinguish between impacts of a project on groups within a region and how those groups might share in or be reimbursed for project and related costs. Also in contrast to conventional repayment analyses focusing primarily on user charges the framework permits consideration of a wide range of reimbursement mechanisms.