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

Chuan-Zhong Li () and Karl-Gustaf Löfgren ()
Additional contact information
Karl-Gustaf Löfgren: Umeå University, Postal: Department of Economics , 901 87 Umeå, Sweden

No 2010:15, Working Paper Series from Uppsala University, Department of Economics

Abstract: This paper derives a dynamic cost-bene…t 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.

Keywords: cost-benefit rule; large project; capital cost (search for similar items in EconPapers)
JEL-codes: D60 D90 H40 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2010-05-26
New Economics Papers: this item is included in nep-ppm
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Dynamic cost-benefit analysis of large projects: The role of capital cost (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:uunewp:2010_015

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