Scandinavian Working Papers in Economics

Working Paper Series,
Uppsala University, Department of Economics

No 2010:15: Dynamic cost-benefit analysis of large projects: The role of capital cost

Chuan-Zhong Li () and Karl-Gustaf Löfgren ()
Additional contact information
Chuan-Zhong Li: Department of Economics, Postal: Department of Economics, Uppsala University, P.O. Box 513, SE-751 20 Uppsala, Sweden
Karl-Gustaf Löfgren: Umeå University, Postal: Department of Economics , 901 87 Umeå, Sweden

Abstract: 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.

Keywords: cost-benefit rule; large project; capital cost

JEL-codes: D60; D90; H40

8 pages, May 26, 2010

Full text files

FULLTEXT01.pdf PDF-file 

Download statistics

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

This page generated on 2020-02-16 18:58:30.