The New Economics of Evaluating Water Projects

Per-Olov Johansson () and Bengt Kriström ()
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Per-Olov Johansson: Department of Economics, Stockholm School of Economics, 11383 Stockholm, Sweden
Bengt Kriström: Centre for Environmental & Resource Economics, SLU, Umeå University, 90187 Umeå, Sweden

Annual Review of Resource Economics, 2011, vol. 3, issue 1, 231-254

Abstract: We review key developments in the cost-benefit analysis of water projects, including conceptual and empirical issues. We emphasize general equilibrium and dynamics, in particular the links between economic and ecological systems.

Keywords: hydropower; cost-benefit analysis; environmental benefits; externalities; option values (search for similar items in EconPapers)
JEL-codes: H43 Q25 Q41 Q51 (search for similar items in EconPapers)
Date: 2011
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