Cost‒Benefit Analysis for Petrochemical Projects

Philipp Galkin, Dongmei Chen and Colin Ward
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Colin Ward: King Abdullah Petroleum Studies and Research Center

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: Cost‒benefit analysis (CBA) has been used to assess investment projects for decades with the aim of quantifying their externalities and potential impacts on social welfare. However, the domain where CBA is applied has been primarily limited to direct public financing in several sectors where such impacts are perceived to be the most pronounced. This study explores the applicability of CBA principles to petrochemical investment and utilizes the proposed framework to assess a sample ethylene production project.

Keywords: Belt and Road; Capital expenditure; Circular Carbon Economy; CO2 emissions (search for similar items in EconPapers)
Pages: 31
Date: 2023
New Economics Papers: this item is included in nep-ene, nep-env and nep-ppm
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https://www.kapsarc.org/research/publications/cost ... rochemical-projects/ First version, 2023

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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2023-dp06

DOI: 10.30573/KS--2023-DP06

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