Logged out
Access All our Essays in an Instant
Swap your work for FREE access, or pay £4.99 for instant access
This paper presents a cost-benefit analysis approach devised to conduct project evaluation in conditions of limited analyst time, research budget and data availability.
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
Page Preview
On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:
Cost/Benefit Abstract This paper presents a cost-benefit analysis approach devised to conduct project evaluation in conditions of limited analyst time, research budget and data availability. The emphasis is on discarding economically viable from unviable projects rather than on arriving at a precise return figure. The paper starts by setting out the theoretical background regarding the identification and measurement of project benefits. It then presents a practical approach to measure such benefits in projects involving the expansion of passenger capacity and, subsequently, those aimed at expanding aircraft capacity. Projects for the freight market and the estimation of airport costs are both treated separately. Keywords: airports, cost-benefit analysis, infrastructure, transport JEL codes: D61, H43, H54, R41 The authors gratefully acknowledge comments by M. Hansen (Institute of Transportation Studies, U.C. Berkeley), by M. Turró, P. Boeuf and A. Lynch from the European Investment Bank (EIB) and by participants at the EIB internal seminar...
Get instant access
- Instant, unlimited access to our documents in full
- Swap your work for free access, or pay £4.99
- To see the full version of this document and 150,044 others
