SHADOW PRICES IN THE COST BENEFIT ANALYSIS

Eugen Mitrica ()

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 555-562

Abstract: The paper presents one of the most usual costs and benefits evaluation methods and its evolution. The method, used in Cost Benefit Analysis of important investment projects, converts the market prices in shadow prices with the purpose to reflect the full opportunity cost, including positive and negative difficult quantifiable externalities and also, to eliminate any possible market distortion. Particularities of this process for developing countries are approached.

Keywords: cost benefit analysis; shadow prices; conversion factors; semi input-output method; developing countries. (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://store.ectap.ro/suplimente/Conferinta%20FABBV%202010_engleza.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:555-562

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().