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ASIAN DEVELOPMENT BANKNO. 1November 2023MEASURING THE IMPACT OF A DAIRY VALUE CHAIN PROJECT IN MONGOLIAA BASELINE STUDYEnkhtuvshin Gunchinsuren and Christian AbeledaADB PRIVATE SECTOR OPERATIONSWORKING PAPER SERIESASIAN DEVELOPMENT BANKADB Private Sector Operations Working Paper SeriesMeasuring the Impact of a Dairy Value Chain Project in Mongolia: A Baseline StudyEnkhtuvshin Gunchinsuren and Christian AbeledaNo. 1 | November 2023Enkhtuvshin Gunchinsuren, PhD, is an economist who consults for government organizations and private companies in Mongolia, and a number of international development organizations in the fields of economic research, economic and financial analysis, monitoring and evaluation, and project evaluation. He founded and manages a consulting firm New Frontiers LLC based in Mongolia.Christian Abeleda works as an associate economics officer at ADB’s Private Sector Transaction Division. He supports private sector projects, particularly in the agribusiness sector, by preparing economic evaluations and enhancing development impacts perspectives. His research focus is on monitoring and evaluation of impacts of agricultural development projects. The ADB Private Sector Operations WorkingPaper Series focuses on research findings fromongoing and completed private sector projects,highlights significant development impacts, andshares insights on strategies and approachespromoting private sector development.The views expressed are those of the authorsand do not necessarily reflect the views andpolicies of ADB or its Board of Governors orthe governments they represent. Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)© 2023 Asian Development Bank6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, PhilippinesTel +63 2 8632 4444; Fax +63 2 8636 2444www.adb.orgSome rights reserved. Published in 2023.Publication Stock No. WPS230516-2DOI: http://dx.doi.org/10.22617/WPS230516-2The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specific companies or products of manufacturers does not imply that they are endorsed or recommended by ADB in preference to others of a similar nature that are not mentioned.By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this publication, ADB does not intend to make any judgments as to the legal or other status of any territory or area.This publication is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) https://creativecommons.org/licenses/by/3.0/igo/. By using the content of this publication, you agree to be bound by the terms of this license. For attribution, translations, adaptations, and pe