A compositional approach to regional socio-economic impact assessment

H. Craig Davis, Douglas Webster

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

Economic and social impact assessments of developmental initiatives are often undertaken by independent analysts and rarely is an integral approach adopted. It is here argued that economic impact assessment can facilitate social impact assessment and simultaneously improve the accuracy of employment estimation, by distinguishing between various socio-demographic groups. In turn, the assessment of the socio-demographic composition of the local community has direct implications for the accuracy of the economic impact assessment. A methodology for a more integrated approach to economic and social impact assessment is developed herein and is empirically estimated. Compared to traditional, independent approaches, it is held that this approach yields improved estimates of changes in a community's employment and socio-demographic structure.

Original languageEnglish (US)
Pages (from-to)159-163
Number of pages5
JournalSocio-Economic Planning Sciences
Volume15
Issue number4
DOIs
StatePublished - 1981
Externally publishedYes

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social impact assessment
economic impact
Economics
social effects
integrated approach
community
methodology
impact assessment
socioeconomics
Socio-economic impact
Impact assessment
Economic impact
Methodology
Estimate
Group

ASJC Scopus subject areas

  • Strategy and Management
  • Management Science and Operations Research
  • Statistics, Probability and Uncertainty
  • Economics and Econometrics

Cite this

A compositional approach to regional socio-economic impact assessment. / Davis, H. Craig; Webster, Douglas.

In: Socio-Economic Planning Sciences, Vol. 15, No. 4, 1981, p. 159-163.

Research output: Contribution to journalArticle

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