Dynamic cost-benefit analysis of large projects: The role of capital cost
2010 (English)Report (Other academic)
This paper derives a dynamic cost-bene.t 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.
Place, publisher, year, edition, pages
Uppsala, 2010. , 8 p.
Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975 ; 2010:15
t rule, large project, capital cost
IdentifiersURN: urn:nbn:se:uu:diva-161797OAI: oai:DiVA.org:uu-161797DiVA: diva2:457387