Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/82609
Authors: 
Li, Chuan-Zhong
Löfgren, Karl-Gustaf
Year of Publication: 
2010
Series/Report no.: 
Working Paper, Department of Economics, Uppsala University 2010:15
Abstract: 
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.
Subjects: 
cost-benefit rule
large project
capital cost
JEL: 
D60
D90
H40
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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