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Tools for Conducting Economic Analysis in PSIA


PSIA often requires the combination of a variety of complementary tools, some of which can also involve the integrated application of both social and economic methods. With this caveat in mind, this section attempts to list tools and methods that primarily involve the application of analytical tools derived from quantitative economic principles. These tools and methods for “economic” analysis are grouped under seven broad categories below.

Some of the tools presented below belong to more than one category. For instance, public expenditure tracking or quantitative service delivery surveys can be used to analyze institutions and direct impacts. Moreover, some of the techniques presented can be used in carrying out more than one type of analysis. For instance, demand and supply analyses are components of partial equilibrium analysis presented under “Multi-market models”, and both IMMPA and the Augmented CGE model with representative household approach also fall within the “general equilibrium models” category.

Institutional Analysis

Impact Analysis: Social Tools

Direct Impact Analysis Tools:

Impact Analysis: Behavioral Models 

Impact Analysis: Partial Equilibrium Models 

Impact Analysis: General Equilibrium Models 

Impact Analysis: Linking Microeconomic Distribution or Behavior to Macroeconomic Frameworks 

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