Dynamic cost-benefit analysis of large projects: The role of capital cost

被引:5
|
作者
Li, Chuan-Zhong [1 ,2 ,3 ]
Lofgren, Karl-Gustaf [4 ]
机构
[1] Uppsala Univ, Dept Econ, SE-75120 Uppsala, Sweden
[2] Royal Swedish Acad Sci, Beijer Inst, Stockholm, Sweden
[3] Zhejiang Univ, Dept Econ, Hangzhou 310003, Zhejiang, Peoples R China
[4] Umea Univ, Dept Econ, Umea, Sweden
关键词
Cost-benefit rule; Large project; Capital cost;
D O I
10.1016/j.econlet.2010.09.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. (C) 2010 Elsevier B.V. All rights reserved.
引用
收藏
页码:128 / 130
页数:3
相关论文
共 50 条
  • [31] Dynamic Cost-Benefit Analysis of Drug Substitution Programs
    J. P. Caulkins
    G. Feichtinger
    C. Gavrila
    A. Greiner
    J. L. Haunschmied
    P. M. Kort
    G. Tragler
    Journal of Optimization Theory and Applications, 2006, 128 : 279 - 294
  • [32] Dynamic cost-benefit analysis of drug substitution programs
    Caulkins, J. P.
    Feichtinger, G.
    Gavrila, C.
    Greiner, A.
    Haunschmied, J. L.
    Kort, P. M.
    Tragler, G.
    JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS, 2006, 128 (02) : 279 - 294
  • [33] COST-BENEFIT AND COST-EFFECTIVENESS ANALYSIS
    SCHOR, IM
    NEW ENGLAND JOURNAL OF MEDICINE, 1981, 304 (07): : 432 - 432
  • [34] The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It
    Flyvbjerg, Bent
    Bester, Dirk W.
    JOURNAL OF BENEFIT-COST ANALYSIS, 2021, 12 (03) : 395 - 419
  • [35] Cost-Benefit Analysis in Reasoning
    Alaoui, Larbi
    Penta, Antonio
    JOURNAL OF POLITICAL ECONOMY, 2022, : 881 - 925
  • [36] Beware the cost-benefit analysis
    Spence, Des
    BMJ-BRITISH MEDICAL JOURNAL, 2012, 345
  • [37] Incommensurability and cost-benefit analysis
    Adler, M
    UNIVERSITY OF PENNSYLVANIA LAW REVIEW, 1998, 146 (05) : 1371 - 1418
  • [38] In Defence of Cost-Benefit Analysis
    Ergas, Henry
    AGENDA-A JOURNAL OF POLICY ANALYSIS AND REFORM, 2009, 16 (03) : 31 - 40
  • [39] Cost-benefit analysis: examples
    Linn, Mott
    BOTTOM LINE, 2011, 24 (01): : 68 - 72
  • [40] EQUITY IN COST-BENEFIT ANALYSIS
    PEARCE, DW
    WISE, J
    JOURNAL OF TRANSPORT ECONOMICS AND POLICY, 1972, 6 (03) : 324 - 325