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

Chuan-Zhong Li () and Karl-Gustaf Löfgren

Economics Letters, 2010, vol. 109, issue 2, 128-130

Abstract: 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.

Keywords: Cost-benefit; rule; Large; project; Capital; cost (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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Working Paper: Dynamic cost-benefit analysis of large projects: The role of capital cost (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:109:y:2010:i:2:p:128-130

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