Economic Appraisal Methodology

The Public Spending Code is the set of rules and procedures that apply to ensure that standards are upheld across the Irish public service in relation to public expenditure and can be found here. The Code includes guidelines for the completion of economic appraisal including central technical appraisal parameters. The following research papers, which focus on assessing the appropriate valuation and application of the parameters, have been completed by IGEES staff in the Department of Public Expenditure and Reform. The IGEES Unit in DPER has completed a paper on the Discount Rate, the Time Horizon, the Shadow Price of Public Funds and the Shadow Price of Labour. The Climate Change Unit in DPER have completed a paper on the Shadow Price of Carbon.

Papers relating to this topic can be found here

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