Dynamic cost-benefit analysis of large projects: The role of capital cost

被引：5
|
作者：
Li, Chuan-Zhong [1 ,2 ,3 ]
Lofgren, Karl-Gustaf [4 ]
机构：
[1] Uppsala Univ, Dept Econ, SE-75120 Uppsala, Sweden
[2] Royal Swedish Acad Sci, Beijer Inst, Stockholm, Sweden
[3] Zhejiang Univ, Dept Econ, Hangzhou 310003, Zhejiang, Peoples R China
[4] Umea Univ, Dept Econ, Umea, Sweden
来源：
ECONOMICS LETTERS | 2010年 / 109卷 / 02期
关键词：
Cost-benefit rule; Large project; Capital cost;
D O I：
10.1016/j.econlet.2010.09.005
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper derives a dynamic cost-benefit 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. (C) 2010 Elsevier B.V. All rights reserved.
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页码：128 / 130
页数：3
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