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Dynamic cost-benefit analysis of large projects: the role of capital cost
Umeå University, Faculty of Social Sciences, Department of Economics.
Nationalekonomiska Institutionen Uppsala Universitet.
2010 (English)In: Economics Letters, ISSN 0165-1765, E-ISSN 1873-7374, Vol. 109, no 2, 128-130 p.Article in journal (Refereed) Published
Abstract [en]

This paper derives a dynamic cost–benefit rule for evaluating large projects. We show that, in addition to the conventional income and consumer surplus measures, the rule also entails an extra term involving capital cost changes.

Place, publisher, year, edition, pages
Elsevier , 2010. Vol. 109, no 2, 128-130 p.
Keyword [en]
cost-benefit rule, large project, capital cost
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:umu:diva-37876DOI: 10.1016/j.econlet.2010.09.005ISI: 000284250100021OAI: oai:DiVA.org:umu-37876DiVA: diva2:370812
Available from: 2010-11-17 Created: 2010-11-17 Last updated: 2017-12-12Bibliographically approved

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CiteExportLink to record
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