Cost—Benefit Analysis and the Perpetuation of Regional Imbalance—A Note

A Hay
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A Hay: Department of Geography, University of Sheffield, Sheffield S10 2TN, England

Environment and Planning A, 1976, vol. 8, issue 6, 715-720

Abstract: Regional development benefits are excluded from cost—benefit analysis, but the valuation techniques and discounting techniques create a bias towards projects in the best-developed regions. Three devices to counter this tendency are noted.

Date: 1976
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:8:y:1976:i:6:p:715-720

DOI: 10.1068/a080715

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