| OCR Text |
Show L^;^»^j^v-i.i^-V^-*v«i:.'P*;'i*^t'^? (b) The value of output resulting from external economies accruing within relevant regions. (2) Adverse. (a) The value of resources within relevant regions required for or displaced by a plan. (b) Losses in output resulting from external diseconomies within the relevant regions. V ' / b. Beneficial and adverse effects on other components of regional development. _ , (1) The number and types of jobs resulting from a plan in the region under consideration; (2) Effects of the plan on population distribution within the region under consideration and among regions in the Nation; • < (3) The effect of the plan on the economic base and economic stability of the region under consideration; (4) The effect of the plan on the environment in the region under consideration; and v: . (5) The effect of the plan on other specified components of regional development. . -«A ^'»_.. B. Beneficial and Adverse Effects on Social Weil-Being The beneficial and adverse effects of a plan to be displayed where appropriate in the social well-being account include; a. Real income distribution. The effects of a plan on the real Income of classes or groups that are relevant to the evaluation of a plan will be displayed. All effects, both monetary and income in kind, will be included in this display. b. Life, health, and safety. Plan effects on l i f e , health, and safety other than those evaluated monetarily for the national economic development objective will be Included here. Measurement techniques will vary but would largely be in terms of physical units, c. Educational, cultural, and recreational. The effect of the plan on educational, cultural, and recreational opportunities. d. Emergency preparedness. The effects of the plan on reserve capacities and flexibilities in water resource systems and protection against interruption of the flow of essential goods and services at times of national disaster or critical need will be displayed. , - , • -. r.' ' . ' ' . ' • • ' ".'. ' • ' . - . - > ; i '• • ' - . ' * • , ' . • • ' . . • •>. • - - . ' ; • .'.'.' • <-. ' - , ' • ' '••"'.-. e. Other. - Other effects on social well-being may be identified and displayed as relevant to alternative plans. ,< IV, GENERAL EVALUATION PRINCIPLES •' ••''••. ^-V^ ••*•'•.• 'ril-'t 'A. General Setting •-•' .•';.'•> Full employment will be assumed except where local areas of chronic unemployment, underemployment, or other conditions indicate otherwise. Plan formulation and evaluation will be based on national and regional projections of employment output, and population and the amounts of goods and services that are likely to be demanded. Actual or projected needs for water and land resources will be related to these projections. Alternative plans will take into account estab- .;. lished standards and goals for the quality of the environment and other factors, :••; ""**•-• B. Measurement of Beneficial and :; Adverse Effects Beneficial and adverse effects of each alternative plan will be determined by comparing the conditions expected with the plan to the conditions expected without the plan. Since substantial changes may be expected even in the absence of the plan, care should be taken that this fact is properly reflected in plan formulation and evaluation. ,:->., . C. Price Relationships z no m in When prices are used in evaluation they .should reflect the real exchange values expected to prevail over the period of analysis. For this purpose, relative price relationships and the general level of 10 • : ;u FEDERAL REGISTER, VOL. 38, NO. 174-MONDAY, SEPTEMBER 10, 1973 •a 7° • '.• . ; - u ••• - C ' '•.'•••; . i - ' |
