Measuring Jobs-Linked Externalities in Private Investment Projects : A Fragility, Conflict, and Violence Perspective

This paper presents the rationale, the methodology and the results of the application of an innovative social rate of return (SRR) methodology in the context of an investment project (Gaza Solar Power project) financed through the Finance for Jobs...

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Main Authors:	Ricaldi, Federica, Mousley, Peter
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	JOB CREATION JOB CREATION PROGRAM FRAGILE AND CONFLICT AFFECTED STATES PUBLIC FINANCE PRIVATE INVESTMENT INVESTMENT CO-FINANCING FACILITY SOLAR ENERGY SOCIAL RATES OF RETURN COST-BENEFIT ANALYSIS UNEMPLOYMENT DISCRETE CHOICE EXPERIMENT
Online Access:	http://documents.worldbank.org/curated/en/104901591342572602/Measuring-Jobs-linked-Externalities-in-Private-Investment-Projects-A-Fragility-Conflict-and-Violence-Perspective http://hdl.handle.net/10986/33855

id	okr-10986-33855
recordtype	oai_dc
spelling	okr-10986-338552021-05-25T09:55:16Z Measuring Jobs-Linked Externalities in Private Investment Projects : A Fragility, Conflict, and Violence Perspective Ricaldi, Federica Mousley, Peter JOB CREATION JOB CREATION PROGRAM FRAGILE AND CONFLICT AFFECTED STATES PUBLIC FINANCE PRIVATE INVESTMENT INVESTMENT CO-FINANCING FACILITY SOLAR ENERGY SOCIAL RATES OF RETURN COST-BENEFIT ANALYSIS UNEMPLOYMENT DISCRETE CHOICE EXPERIMENT This paper presents the rationale, the methodology and the results of the application of an innovative social rate of return (SRR) methodology in the context of an investment project (Gaza Solar Power project) financed through the Finance for Jobs (F4J) Series of Projects (SOP) in West Bank and Gaza. A key assumption behind this work is that creating jobs through private sector investment generates benefits above the market returns to the factors of production (capital, labor, and land). Moreover, in instances where the market returns would not be sufficient for the investment to take place because of elevated risks and market failures, these benefits constitute additional social returns that can justify and merit public financing support to enable fundamentally sound commercial investment to proceed and the benefits to be generated. The paper presents the methodology applied through the use of discrete choice experiment (DCE) in a cost-benefit analysis to better approximate a measurable social value to the benefits (jobs-linked externalities) generated by the investment project in Gaza. 2020-06-05T14:56:10Z 2020-06-05T14:56:10Z 2019 Working Paper http://documents.worldbank.org/curated/en/104901591342572602/Measuring-Jobs-linked-Externalities-in-Private-Investment-Projects-A-Fragility-Conflict-and-Violence-Perspective http://hdl.handle.net/10986/33855 English Jobs Working Paper;No. 38 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Middle East and North Africa West Bank and Gaza
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	JOB CREATION JOB CREATION PROGRAM FRAGILE AND CONFLICT AFFECTED STATES PUBLIC FINANCE PRIVATE INVESTMENT INVESTMENT CO-FINANCING FACILITY SOLAR ENERGY SOCIAL RATES OF RETURN COST-BENEFIT ANALYSIS UNEMPLOYMENT DISCRETE CHOICE EXPERIMENT
spellingShingle	JOB CREATION JOB CREATION PROGRAM FRAGILE AND CONFLICT AFFECTED STATES PUBLIC FINANCE PRIVATE INVESTMENT INVESTMENT CO-FINANCING FACILITY SOLAR ENERGY SOCIAL RATES OF RETURN COST-BENEFIT ANALYSIS UNEMPLOYMENT DISCRETE CHOICE EXPERIMENT Ricaldi, Federica Mousley, Peter Measuring Jobs-Linked Externalities in Private Investment Projects : A Fragility, Conflict, and Violence Perspective
geographic_facet	Middle East and North Africa West Bank and Gaza
relation	Jobs Working Paper;No. 38
description	This paper presents the rationale, the methodology and the results of the application of an innovative social rate of return (SRR) methodology in the context of an investment project (Gaza Solar Power project) financed through the Finance for Jobs (F4J) Series of Projects (SOP) in West Bank and Gaza. A key assumption behind this work is that creating jobs through private sector investment generates benefits above the market returns to the factors of production (capital, labor, and land). Moreover, in instances where the market returns would not be sufficient for the investment to take place because of elevated risks and market failures, these benefits constitute additional social returns that can justify and merit public financing support to enable fundamentally sound commercial investment to proceed and the benefits to be generated. The paper presents the methodology applied through the use of discrete choice experiment (DCE) in a cost-benefit analysis to better approximate a measurable social value to the benefits (jobs-linked externalities) generated by the investment project in Gaza.
format	Working Paper
author	Ricaldi, Federica Mousley, Peter
author_facet	Ricaldi, Federica Mousley, Peter
author_sort	Ricaldi, Federica
title	Measuring Jobs-Linked Externalities in Private Investment Projects : A Fragility, Conflict, and Violence Perspective
title_short	Measuring Jobs-Linked Externalities in Private Investment Projects : A Fragility, Conflict, and Violence Perspective
title_full	Measuring Jobs-Linked Externalities in Private Investment Projects : A Fragility, Conflict, and Violence Perspective
title_fullStr	Measuring Jobs-Linked Externalities in Private Investment Projects : A Fragility, Conflict, and Violence Perspective
title_full_unstemmed	Measuring Jobs-Linked Externalities in Private Investment Projects : A Fragility, Conflict, and Violence Perspective
title_sort	measuring jobs-linked externalities in private investment projects : a fragility, conflict, and violence perspective
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/104901591342572602/Measuring-Jobs-linked-Externalities-in-Private-Investment-Projects-A-Fragility-Conflict-and-Violence-Perspective http://hdl.handle.net/10986/33855
_version_	1764479665747001344

Measuring Jobs-Linked Externalities in Private Investment Projects : A Fragility, Conflict, and Violence Perspective

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