Cost of Real Estate Policies

Felix N. Hammond and Yaw Adarkwah Antwi

Chapter 9 in Economic Analysis of Sub-Saharan Africa Real Estate Policies, 2010, pp 175-213 from Palgrave Macmillan

Abstract: Abstract The impact of a policy is determined by comparing its costs and benefits such that when the benefits outweighs the cost the policy is said to be having a positive economic impact; otherwise it will be having, at best, zero or, at worst, a negative impact. To determine the impacts of policies, knowledge of both its associated cost and benefits is required. The discussions in Chapter 8 have offered insights into the order of the magnitude of benefits derivable from extant sub-Saharan Africa real estate policies. With this knowledge we now need to examine the magnitude of the cost associated with these policies. We must first understand what cost means.

Keywords: Social Cost; Travel Cost; Welfare Cost; Private Cost; Deadweight Loss (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-27499-0_9

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DOI: 10.1057/9780230274990_9

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