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A Multiple Account Framework For Cost-Benefit Analysis

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Author Info
Prof Harry Campbell ()
Assoc Prof Richard Brown () (School of Economics, The University of Queensland)

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Abstract

The paper presents a spreadsheet-based multiple account approach to cost-benefit analysis which incorporates all the usual concerns of cost-benefit analysts such as shadow-pricing to account for market failure, distribution of net benefits, sensitivity and risk analysis, cost of public funds, and environmental effects. The approach offers a number of advantages to both analysts and decision-makers, including transparency, a check on internal consistency and a detailed summary of project net benefits disaggregated by stakeholder group.

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File URL: http://www.uq.edu.au/economics/abstract/328.pdf
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Publisher Info
Paper provided by School of Economics, University of Queensland, Australia in its series Discussion Papers Series with number 328.

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Date of creation: 2003
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Handle: RePEc:qld:uq2004:328

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References listed on IDEAS
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  1. Willig, Robert D, 1976. "Consumer's Surplus without Apology," American Economic Review, American Economic Association, vol. 66(4), pages 589-97, September. [Downloadable!] (restricted)
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  1. Lawrence, C, 2009. "Identifying an Australian 'Shadow' Benefit / Cost Ratio for Public Projects," MPRA Paper 13336, University Library of Munich, Germany. [Downloadable!]
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This page was last updated on 2009-12-2.

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