Dynamic cost–benefit analysis of large projects: the role of capital cost
2010 (English)In: Economics Letters, ISSN 0165-1765, Vol. 109, no 2, 128-130 p.Article in journal (Refereed) Published
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
2010. Vol. 109, no 2, 128-130 p.
cost benefit rule, large project, capital cost
Research subject Economics
IdentifiersURN: urn:nbn:se:uu:diva-132415DOI: 10.1016/j.econlet.2010.09.005ISI: 000284250100021OAI: oai:DiVA.org:uu-132415DiVA: diva2:357846