IDEAS home Printed from https://ideas.repec.org/a/tdt/annals/vxixy2013p142-146.html
   My bibliography  Save this article

Cost Benefit Analysis - Tool For Allocation of Financial Resources For Major Projects

Author

Listed:
  • CLIPICI Emilia

    (University of Pitesti)

  • FRANT Florin

    (Eftimie Murgu University of Resita)

Abstract

The judicious selection of investment projects, at the micro and macro level, with recognition of resource constraints and complementary involvement of the private sector, will lead to sustained economic growth, equitable development, poverty reduction and private sector growth. Cost-Benefit Analysis (CBA) estimates and totals up the equivalent money value of the benefits and costs to the community of projects to establish whether they are worthwhile. This research enterprise proposes the study of the advantages of cost-benefit analysis and identify the several major principles that collectively describe the assumption base, objectives, analytical tasks, and merits of this important project assessment methodology.

Suggested Citation

  • CLIPICI Emilia & FRANT Florin, 2013. "Cost Benefit Analysis - Tool For Allocation of Financial Resources For Major Projects," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 142-146, May.
  • Handle: RePEc:tdt:annals:v:xix:y:2013:p:142-146
    as

    Download full text from publisher

    File URL: http://fse.tibiscus.ro/anale/Lucrari2013/Lucrari_vol_XIX_2013_022.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. David R. Lee, 2005. "Agricultural Sustainability and Technology Adoption: Issues and Policies for Developing Countries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(5), pages 1325-1334.
    2. Christian Broda & David W. Weinstein, 2004. "Variety Growth and World Welfare," American Economic Review, American Economic Association, vol. 94(2), pages 139-144, May.
    3. Gary Anderson, 2001. "Practical," Computing in Economics and Finance 2001 138, Society for Computational Economics.
    Full references (including those not matched with items on IDEAS)

    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. Agnès Bénassy‐Quéré & Lionel Fontagné & Horst Raff, 2011. "Exchange‐rate Misalignments in Duopoly: The Case of Airbus and Boeing," The World Economy, Wiley Blackwell, vol. 34(4), pages 623-641, April.
    2. Glenn Jenkins & Chun-Yan Kuo & Arnold C. Harberger, 2011. "Cost-Benefit Analysis for Investment Decisions: Chapter 15 (Cost-Effectiveness and Cost-Utility Analysis)," Development Discussion Papers 2011-15, JDI Executive Programs.
    3. Corsetti, Giancarlo & Martin, Philippe & Pesenti, Paolo, 2007. "Productivity, terms of trade and the `home market effect'," Journal of International Economics, Elsevier, vol. 73(1), pages 99-127, September.
    4. Preusse, Verena & Wollni, Meike, 2021. "Adoption of sustainable agricultural practices in the context of urbanisation and environmental stress – Evidence from farmers in the rural-urban interface of Bangalore, India," 2021 Annual Meeting, August 1-3, Austin, Texas 312690, Agricultural and Applied Economics Association.
    5. Puga, German & Sharafeyeva, Alfinura & Anderson, Kym, 2022. "Explaining bilateral patterns of global wine trade, 1962–2019," Journal of Wine Economics, Cambridge University Press, vol. 17(4), pages 338-344, November.
    6. Hamano, Masashige, 2013. "The consumption-real exchange rate anomaly with extensive margins," Journal of International Money and Finance, Elsevier, vol. 36(C), pages 26-46.
    7. B Kelsey Jack, "undated". "Market Inefficiencies and the Adoption of Agricultural Technologies in Developing Countries," CID Working Papers 50, Center for International Development at Harvard University.
    8. Masashige Hamano, 2013. "On business cycles of variety and quality," DEM Discussion Paper Series 13-21, Department of Economics at the University of Luxembourg.
    9. F. Füsun Tatlıdil & İsmet Boz & Hasan Tatlidil, 2009. "Farmers’ perception of sustainable agriculture and its determinants: a case study in Kahramanmaras province of Turkey," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 11(6), pages 1091-1106, December.
    10. Kassie, Menale & Jaleta, Moti & Shiferaw, Bekele A. & Mmbando, Frank & Mekuria, Mulugetta, 2012. "Interdependence in Farmer Technology Adoption Decisions in Smallholder Systems: Joint Estimation of Investments in Sustainable Agricultural Practices in Rural Tanzania," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126791, International Association of Agricultural Economists.
    11. Florina Oana VIRLANUTA & Florin BUHOCIU & Lucean MIHALCEA, 2011. "Profitability Analysis for Agricultural Investment Projects," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 336-342.
    12. Pesenti, Paolo & Martin, Philippe & Corsetti, Giancarlo, 2005. "Productivity Spillovers, Terms of Trade and the 'Home Market Effect'," CEPR Discussion Papers 4964, C.E.P.R. Discussion Papers.
    13. Glenn P. Jenkins & Chun-Yan Kuo, 2006. "Evaluation of the Benefits of Transnational Transportation Projects," Journal of Applied Economics, Taylor & Francis Journals, vol. 9(1), pages 1-17, May.
    14. Virna Estefania Moran-Rodas & Verena Preusse & Christine Wachendorf, 2022. "Agricultural Management Practices and Decision-Making in View of Soil Organic Matter in the Urbanizing Region of Bangalore," Sustainability, MDPI, vol. 14(10), pages 1-27, May.
    15. Corsetti, Giancarlo & Martin, Philippe & Pesenti, Paolo, 2013. "Varieties and the transfer problem," Journal of International Economics, Elsevier, vol. 89(1), pages 1-12.
    16. Brugués, Felipe & Brugués, Javier & Giambra, Samuele, 2024. "Political connections and misallocation of procurement contracts: Evidence from Ecuador," Journal of Development Economics, Elsevier, vol. 170(C).
    17. Marie-Josée J. Mangen & G. Ardine de Wit & Arie H. Havelaar, 2007. "Economic analysis of Campylobacter control in the dutch broiler meat chain," Agribusiness, John Wiley & Sons, Ltd., vol. 23(2), pages 173-192.
    18. Avila-Santamaria, Jorge J. & Useche, Maria P., 2016. "Urea Subsidies and the Decision to Allocate Land to a New Fertilizing Technology: Ex-ante Analysis in Ecuador," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 229851, Southern Agricultural Economics Association.
    19. Bouët, Antoine & Estrades, Carmen & Laborde, David, 2011. "Households heterogeneity in a global CGE model: an illustration with the MIRAGE poverty module," Conference papers 332034, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    20. Ali, Irfan, 2016. "The impact of ERP implementation on the financial performance of the firm : An empirical study," Other publications TiSEM 876506f5-1aed-4421-aa2c-0, Tilburg University, School of Economics and Management.

    More about this item

    Keywords

    Cost Benefit Analysis; projects; financial resources;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

    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:tdt:annals:v:xix:y:2013:p:142-146. 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: Ramona Violeta Vasilescu The email address of this maintainer does not seem to be valid anymore. Please ask Ramona Violeta Vasilescu to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/fettiro.html .

    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.