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Cost‐Benefit Analysis of Irrigation Projects in Northeastern Brazil
Author(s) -
Cline William R.
Publication year - 1973
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1238348
Subject(s) - irrigation , estimation , shadow price , rank (graph theory) , shadow (psychology) , economics , selection (genetic algorithm) , capital (architecture) , agricultural economics , rate of return , cost estimate , cost–benefit analysis , business , water resource management , environmental science , mathematics , geography , computer science , finance , psychology , ecology , mathematical optimization , management , archaeology , combinatorics , artificial intelligence , psychotherapist , biology
Cost‐benefit analysis using empirical estimation of labor's shadow price and linear programming for crop selection is applied to major proposed irrigation projects for Brazil's Northeast. Over half the project area is approved. However, these capital intensive projects should rank below investments with similar rates of return but larger employment effects.