Scandinavian Working Papers in Economics

CERE Working Papers,
CERE - the Center for Environmental and Resource Economics

No 2010:1: A note on how to undertake a cost-benefit analysis in monetary and environmental units

Per-Olov Johansson () and Bengt Kriström ()
Additional contact information
Per-Olov Johansson: Stockholm School of Economics
Bengt Kriström: CERE, SLU-Umeå and Umeå University, Postal: CERE, SLU, 901 87 Umeå, Sweden

Abstract: In this note we discuss two alternative ways of undertaking a social cost-benefit analysis. One approach is the conventional one where benefits and costs are expressed in monetary units. The other approach uses an environmental asset as the payment vehicle. The properties of the two approaches are discussed and the measurement problems are stressed.

Keywords: Cost-benefit analysis; externalities; choice of numeraire; habitat equivalence analysis; resource equivalency methods

JEL-codes: D61; H43; Q51; Q57

9 pages, April 6, 2010

Full text files

CERE_2010_1.pdf PDF-file 

Download statistics

Questions (including download problems) about the papers in this series should be directed to Mona Bonta Bergman ()
Report other problems with accessing this service to Sune Karlsson ().

This page generated on 2018-01-23 23:37:51.