Abstract
Regional economic impact assessment (REIA) and social impact assessment (SIA) are methodologically close, since REIA provides predictions of change in employment both directly and indirectly resulting from a project, thereby giving some indication of future population changes, derived demand for social services and infrastructure, and the likely regional social mix. There are, however, a number of theoretical difficulties with conventional REIAs. As extrapolations they normally avoid discussion of processes of structural change, which could result in substantial changes within the time horizon of a project. Another issue is the justification for including secondary project impacts in assessing a project's worth. While there are some classes of impacts that we can legitimately include as secondary benefits, many REIAs and SIAs are predominantly political documents that support the interests of their partisan sponsors and fail to consider the opportunity cost of the project and its alternatives.
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