Economic impact analysis for agroindustrial development

This kind of study sometimes is described as Associated Rate of Return (ARR) analysis because it considers the associated benefits and associated costs of an endeavor rather than the direct benefits and costs which are used for Internal Rate of Return analysis. These associated impacts do not show up in the projected cashflow of the owners of the venture; instead they accrue to those supplying labor and other resources or goods and services to the enterprise, to those distributing the outputs of the enterprise to end users, to those living in the physical and social environment where the enterprise would go, and to those who own land and other property which will become more (or less) valuable after the enterprise is established. (Author abstract)