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dc.contributor.authorMasters, William A.
dc.identifier.citationMasters, William A. (1989) The Policy Analysis Matrix In Zimbabwe : A Methodological Introduction, AEE Working Paper no..5/89. Harare, Mt. Pleasant: AEE.en_GB
dc.descriptionAEE Working Paper.en_GB
dc.description.abstractThis paper discusses the methodology behind the policy analysis matrix (PAM), an approach to the study of incentives and incomes in alternative production activities. The PAM method uses average-cost budgets to list the costs and benefits of each activity, initially at market prices in terms of private income, and then at opportunity cost in terms of national income. The market-price budget shows the private profitability of the activity, while the opportunity-cost-budget shows its contribution to the economy as a whole, indicating the degree of economic efficiency and comparative advantage enjoyed by the activity. Such data are needed for project appraisals, and for guarding public sector investments towards more productive activities.en_GB
dc.publisherDepartment of Agricultural Economics and Extension (AEE); University of Zimbabwe.en_GB
dc.relation.ispartofseriesWorking Paper AEE Series;Paper No. 5/89.
dc.subjectDevelopment Policyen_GB
dc.titleThe Policy Analysis Matrix In Zimbabwe : A Methodological Introductionen_GB
dc.typeSeries paper (non-IDS)en_GB
dc.rights.holderUniversity of Zimbabween_GB

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