This paper examines the social opportunity cost of a hypothetical public project in Australia and compares these values with the cost of the project as measured by factor prices. Since 2001, the Australian taxation system has included an ad valorem tax, the Goods and Services Tax, however relatively little analysis of the impact of this tax on public project evaluation methods has been undertaken. This tax creates divergences between social opportunity cost and conventional cost measures. Therefore it is recommended that shadow prices be applied to pubic projects. Following Campbell (1975), a shadow price can be introduced into Australian project evaluation in the form of a cut-off benefit cost ratio. The calculations reported on in the pap...
Public projects don’t generate enough income to be financially justified, but create social benefits...
A key element of the cost-benefit analysis framework is the use of a discount rate to compare costs ...
Public Private Partnerships (PPP's) are becoming an increasingly popular method for procurement...
This paper examines the social opportunity cost of a hypothetical public project in Australia and co...
This paper examines the social opportunity cost of a hypothetical public project in Australia and co...
All is not well with the evaluation of government programs and projects. Resources available to any ...
Anderson and Martin provide simple, robust rules for evaluating public spending in distorted economi...
One of the central concerns in cost benefit analysis is the adjustment of distortions in markets to ...
Every public project has to be evaluated and substantiated before the investment decision is made. P...
Overview All is not well with the evaluation of government programs and projects. Resources availa...
One of the central concerns in cost benefit analysis is the adjustment of distortions in markets to ...
A model of labour supply is used to calculate Australias marginal cost of public funds, which is the...
This paper summarizes the procedure for the economic evaluation of government projects and policy re...
International audienceOver the long term, sometimes on the scale of several centuries, transport inv...
The main objective of public projects is to purchase one or more social benefits, targeting communit...
Public projects don’t generate enough income to be financially justified, but create social benefits...
A key element of the cost-benefit analysis framework is the use of a discount rate to compare costs ...
Public Private Partnerships (PPP's) are becoming an increasingly popular method for procurement...
This paper examines the social opportunity cost of a hypothetical public project in Australia and co...
This paper examines the social opportunity cost of a hypothetical public project in Australia and co...
All is not well with the evaluation of government programs and projects. Resources available to any ...
Anderson and Martin provide simple, robust rules for evaluating public spending in distorted economi...
One of the central concerns in cost benefit analysis is the adjustment of distortions in markets to ...
Every public project has to be evaluated and substantiated before the investment decision is made. P...
Overview All is not well with the evaluation of government programs and projects. Resources availa...
One of the central concerns in cost benefit analysis is the adjustment of distortions in markets to ...
A model of labour supply is used to calculate Australias marginal cost of public funds, which is the...
This paper summarizes the procedure for the economic evaluation of government projects and policy re...
International audienceOver the long term, sometimes on the scale of several centuries, transport inv...
The main objective of public projects is to purchase one or more social benefits, targeting communit...
Public projects don’t generate enough income to be financially justified, but create social benefits...
A key element of the cost-benefit analysis framework is the use of a discount rate to compare costs ...
Public Private Partnerships (PPP's) are becoming an increasingly popular method for procurement...