A Cost–Benefit Analysis of a New Container Terminal

Pablo Coto-Millán (), Ramón Núñez-Sánchez, Miguel Ángel Pesquera, Vicente Inglada and Juan Castanedo
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Pablo Coto-Millán: University of Cantabria
Ramón Núñez-Sánchez: University of Cantabria
Miguel Ángel Pesquera: University of Cantabria
Vicente Inglada: University of Complutense
Juan Castanedo: University of Cantabria

A chapter in Essays on Port Economics, 2010, pp 307-321 from Springer

Abstract: Abstract This paper present a cost–benefit analysis approach applied to measure benefits involving the expansion of container capacity in a seaport context. The paper starts by setting out the theoretical background for identifying and measuring the project benefits. There have been identified and calculated three different benefits: benefits from existing traffic, benefits from avoided diversion costs and benefits from generated traffic. A practical application of this methodology has been included. The results for this application show that this project is viable, either if this infrastructure has congestion problems in the present or may have them in the short term.

Keywords: Consumer Surplus; Investment Project; Generalize Cost; Container Terminal; Port Authority (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-7908-2425-4_19

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DOI: 10.1007/978-3-7908-2425-4_19

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