n Journal of the South African Institution of Civil Engineering = Joernaal van die Suid-Afrikaanse Instituut van Siviele Ingenieurswese - Consideration of welfare distribution in project evaluation and selection : technical paper
|Article Title||Consideration of welfare distribution in project evaluation and selection : technical paper|
|© Publisher:||South African Institution Of Civil Engineering (SAICE)|
|Journal||Journal of the South African Institution of Civil Engineering = Joernaal van die Suid-Afrikaanse Instituut van Siviele Ingenieurswese|
|Publication Date||Jan 1997|
|Pages||25 - 28|
This paper provides an outline of how the economic evaluation and selection of transport infrastructure projects can be complemented by social evaluation with a view to achieving a higher degree of equitable welfare distribution within the South African population. The present inequality of income distribution is dealt with briefly, followed by a discussion on the use of equity weights in project evaluation to help bring about a more equitable welfare distribution. The paper is supplemented by an example that illustrates a prioritization of transport projects based on welfare distribution considerations.
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