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

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.

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Year of publication:	2010
Authors:	Li, Chuan-Zhong ; Löfgren, Karl-Gustaf
Publisher:	Uppsala : Uppsala University, Department of Economics
Subject:	Kosten-Nutzen-Analyse \| Projektbewertung \| Kapitalkosten \| Theorie \| cost-benefit rule \| large project \| capital cost

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Series:	Working Paper ; 2010:15
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	635763788 [GVK] hdl:10419/82609 [Handle] RePEc:hhs:uunewp:2010_015 [RePEc]
Classification:	D60 - Welfare Economics. General ; D90 - Intertemporal Choice and Growth. General ; H40 - Publicly Provided Goods. General
Source:	EconStor

Persistent link: https://www.econbiz.de/10010321466