IDEAS home Printed from https://ideas.repec.org/a/bpj/jbcacn/v3y2012i3n5.html
   My bibliography  Save this article

Cost Benefit Analysis of Centralized Wastewater Reuse Systems

Author

Listed:
  • Liang Xiao

    (UNESCO-IHE Institute for Water Education)

  • van Dijk Meine Pieter

    (UNESCO IHE Institute for water education)

Abstract

The present paper carries out a cost benefit analysis of centralized wastewater reuse systems in Beijing. This study consists of two parts: financial analysis and economic analysis. The financial analysis is made from the point of view of plant manager, in which financial benefits and cost is calculated. The economic analysis is made from the point of view of society, in which the economic, environmental and social benefits and cost are determined. The results of financial analysis show that the financial benefits are larger than cost, which means the centralized wastewater reuse systems are financially feasible. It implies that the investment on centralized wastewater reuse systems is profitable. The results of economic analysis show that the ratio of benefit to cost is larger than 1, which means the centralized wastewater reuse systems are economically feasible. It implies that centralized wastewater reuse systems have positive effects on the society. From the point of view of plant manager, centralized wastewater reuse systems could operate in a long term, while from the point of view of government or society, the centralized wastewater reuse systems are worth to be promoted.

Suggested Citation

  • Liang Xiao & van Dijk Meine Pieter, 2012. "Cost Benefit Analysis of Centralized Wastewater Reuse Systems," Journal of Benefit-Cost Analysis, De Gruyter, vol. 3(3), pages 1-30, August.
  • Handle: RePEc:bpj:jbcacn:v:3:y:2012:i:3:n:5
    DOI: 10.1515/2152-2812.1060
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/2152-2812.1060
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.

    File URL: https://libkey.io/10.1515/2152-2812.1060?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Tol, Richard S. J., 2005. "The marginal damage costs of carbon dioxide emissions: an assessment of the uncertainties," Energy Policy, Elsevier, vol. 33(16), pages 2064-2074, November.
    2. Tol, Richard S. J., 2008. "The Social Cost of Carbon: Trends, Outliers and Catastrophes," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 2, pages 1-22.
    3. Campbell, Harry F. & Brown, Richard P.C., 2005. "A multiple account framework for cost-benefit analysis," Evaluation and Program Planning, Elsevier, vol. 28(1), pages 23-32.
    4. Camagni, Roberto & Gibelli, Maria Cristina & Rigamonti, Paolo, 2002. "Urban mobility and urban form: the social and environmental costs of different patterns of urban expansion," Ecological Economics, Elsevier, vol. 40(2), pages 199-216, February.
    5. Liang, Xiao & van Dijk, Meine Pieter, 2012. "Cost Benefit Analysis of Centralized Wastewater Reuse Systems," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 3(3), pages 1-30, August.
    6. Rawski, Thomas G., 1979. "Economic growth and employment in China," World Development, Elsevier, vol. 7(8-9), pages 767-782.
    7. Jan Pokrivcak & Christophe Crombez & Johan F. M. Swinnen, 2006. "The status quo bias and reform of the Common Agricultural Policy: impact of voting rules, the European Commission and external changes," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 33(4), pages 562-590, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xiao Liang & Meine Pieter Van Dijk, 2016. "Evaluating the Interests of Different Stakeholders in Beijing Wastewater Reuse Systems for Sustainable Urban Water Management," Sustainability, MDPI, vol. 8(11), pages 1-17, October.
    2. Ambika Markanday & Ibon Galarraga & Anil Markandya, 2019. "A Critical Review Of Cost-Benefit Analysis For Climate Change Adaptation In Cities," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 10(04), pages 1-31, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xiao Liang & Meine Pieter Van Dijk, 2016. "Evaluating the Interests of Different Stakeholders in Beijing Wastewater Reuse Systems for Sustainable Urban Water Management," Sustainability, MDPI, vol. 8(11), pages 1-17, October.
    2. Pycroft, Jonathan & Vergano, Lucia & Hope, Chris & Paci, Daniele & Ciscar, Juan Carlos, 2011. "A tale of tails: Uncertainty and the social cost of carbon dioxide," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 5, pages 1-29.
    3. Steve Newbold & Charles Griffiths & Christopher C. Moore & Ann Wolverton & Elizabeth Kopits, 2010. "The "Social Cost of Carbon" Made Simple," NCEE Working Paper Series 201007, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Aug 2010.
    4. Figge, Frank & Hahn, Tobias & Barkemeyer, Ralf, 2014. "The If, How and Where of assessing sustainable resource use," Ecological Economics, Elsevier, vol. 105(C), pages 274-283.
    5. Tol, Richard S.J., 2012. "A cost–benefit analysis of the EU 20/20/2020 package," Energy Policy, Elsevier, vol. 49(C), pages 288-295.
    6. Nordhaus, William, 2013. "Integrated Economic and Climate Modeling," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1069-1131, Elsevier.
    7. Kazushi Hatase & Shunsuke Managi, 2015. "Increase in carbon prices: analysis of energy-economy modeling," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(2), pages 241-262, April.
    8. Zhang, Hong & Jin, Gui & Zhang, Zhengyu, 2021. "Coupling system of carbon emission and social economy: A review," Technological Forecasting and Social Change, Elsevier, vol. 167(C).
    9. Mason, Charles F. & Polasky, Stephen & Tarui, Nori, 2017. "Cooperation on climate-change mitigation," European Economic Review, Elsevier, vol. 99(C), pages 43-55.
    10. baptiste perrissin fabert & Etienne Espagne & Antonin Pottier & Franck Nadaus, 2012. "Disentangling the Stern/Nordhaus controversy. Why and how do beliefs and modelling choices matter?," EcoMod2012 4270, EcoMod.
    11. Kusiima, Jamil M. & Powers, Susan E., 2010. "Monetary value of the environmental and health externalities associated with production of ethanol from biomass feedstocks," Energy Policy, Elsevier, vol. 38(6), pages 2785-2796, June.
    12. Havranek, Tomas & Irsova, Zuzana & Janda, Karel & Zilberman, David, 2015. "Selective reporting and the social cost of carbon," Energy Economics, Elsevier, vol. 51(C), pages 394-406.
    13. Etienne Espagne & Baptiste Perrissin Fabert & Antonin Pottier & Franck Nadaud & Patrice Dumas, 2012. "Disentangling the Stern/Nordhaus Controversy: Beyond the Discounting Clash," Working Papers 2012.61, Fondazione Eni Enrico Mattei.
    14. Mandell, Svante, 2011. "Carbon emission values in cost benefit analyses," Transport Policy, Elsevier, vol. 18(6), pages 888-892, November.
    15. Gaitán-Cremaschi, Daniel & Kamali, Farahnaz Pashaei & van Evert, Frits K. & Meuwissen, Miranda P.M. & Oude Lansink, Alfons G.J.M., 2015. "Benchmarking the sustainability performance of the Brazilian non-GM and GM soybean meal chains: An indicator-based approach," Food Policy, Elsevier, vol. 55(C), pages 22-32.
    16. Rohling, Moritz & Ohndorf, Markus, 2012. "Prices vs. Quantities with fiscal cushioning," Resource and Energy Economics, Elsevier, vol. 34(2), pages 169-187.
    17. William D. Nordhaus, 2011. "Estimates of the Social Cost of Carbon: Background and Results from the RICE-2011 Model," Cowles Foundation Discussion Papers 1826, Cowles Foundation for Research in Economics, Yale University.
    18. M. Shaw & Linwood Pendleton & D. Cameron & Belinda Morris & Dominique Bachelet & Kirk Klausmeyer & Jason MacKenzie & David Conklin & Gregrory Bratman & James Lenihan & Erik Haunreiter & Christopher Da, 2011. "The impact of climate change on California’s ecosystem services," Climatic Change, Springer, vol. 109(1), pages 465-484, December.
    19. Richard Tol, 2012. "On the Uncertainty About the Total Economic Impact of Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(1), pages 97-116, September.
    20. Richard S J Tol, 2018. "The Economic Impacts of Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 4-25.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:jbcacn:v:3:y:2012:i:3:n:5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.