out after the event as well as before.
The reader may find it useful to look
at Annex A of the green booklet
'Investment Appraisal in the Public
Sector: A Technical Guide for Government
"
Departments', which distinguishes between
cost-benefit analysis and other forms
of appraisal.
Cost-Effectiveness
Analysis
J
A form of analysis which compares the
costs of different options which have
the same or similar outputs. Commonly
used where the outputs cannot easily
be given a monetary value.
Deadweight
expenditure
activities
that part of a public
programme which supports
which would have happened in any case.
Eg Grants which produced no additionality
or visits with no outcome. Sometimes
referred to as inability to focus inputs,
deadweight may be inescapable, but
should be recognised where appropriate.
Displacement
The
extent to which the generation
(or substitution)
of
a
desirable
programme
output
in
one area leads
the to a loss of
same
A technical
output in another area.
distinction is nowadays drawn
between
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