Public Investment Criteria: Benefit-Cost Analysis for Planned Economic Growth by Stephen A. Marglin. London: George Allen & Unwin Ltd., 1967. pp.103. 22s. 6d.********** Investments for Capacity Expansion: Size, Location and Time-Phasing edited by Alan S. Manne. London: George Allen & Unwin Ltd., 1967. pp.239. 45s.Investments for Capacity Expansion: Size, Location and Time-Phasing edited by Alan S. Manne. London: George Allen & Unwin Ltd., 1967. pp.239. 45s.

1967 ◽  
Vol 7 (3) ◽  
pp. 416-420
Author(s):  
Arthur MacEwan
Keyword(s):  
Cost Benefit Analysis ◽  
Public Investment ◽  
Cost Benefit ◽  
Capacity Expansion ◽  
Point Of View ◽  
Systematic Analysis ◽  
Benefit Cost Analysis ◽  
The Government ◽  
The Many ◽  
Benefit Cost

These books are numbers 4 and 5, respectively, in the series "Studies in the Economic Development of India". The two books are interesting complements to one another, both being concerned with the analysis of projects within national plan formulation. However, they treat different sorts of problems and do so on very different levels. Marglin's Public Investment Criteria is a short treatise on the problems of cost-benefit analysis in an Indian type economy, i.e., a mixed economy in which the government accepts a large planning responsibility. The book, which is wholely theoretical, explains the many criteria needed for evaluation of projects. The work is aimed at beginning students and government officials with some training in economics. It is a clear and interesting "introduction to the special branch of economics that concerns itself with systematic analysis of investment alternatives from the point of view of a government".

The costs and benefits of benefit-cost analysis

1997 ◽  
Vol 2 (2) ◽  
pp. 195-221 ◽  
Author(s):  
GRACIELA CHICHILNISKY
Keyword(s):  
Cost Analysis ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Trade Cost ◽  
Benefit Cost Analysis ◽  
Benefit Cost

Among the tools of the economic trade, cost-benefit analysis is the most widely used in policy circles. Asking whether there is a role for cost-benefit analysis is like asking whether there is a role for the weatherman. Of course there is.

Cost–Benefit Analysis in Legal Decision-Making

2017 ◽  
Author(s):  
Richard O. Zerbe
Keyword(s):  
Law And Economics ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Predictive Ability ◽  
Benefit Analysis ◽  
Government Investment ◽  
Benefit Cost Analysis ◽  
Actual Use ◽  
Investment Spending ◽  
Benefit Cost

Benefit-cost analysis (BCA), or cost-benefit analysis, is important in policy and law. This article introduces the nature and history of BCA to provide an understanding of the development of the benefit-cost concepts, objections to the concepts, and their actual use in legal and economic practice. The term ‘benefit-cost’ is used to differentiate from the term ‘cost-benefit’ used by engineers whose approach is more mechanical than terms of efficiency used in law and economics. BCA is seen as a useful tool with some positive predictive ability in determining judge's decisions. It also appears to contribute to greater efficiency in government investment spending.

scholarly journals STUDI KELAYAKAN PEMBANGUNAN INSTALASI JARINGAN PIPA AIR DENGAN METODE COST & BENEFIT ANALYSIS GUNA MEMINIMALKAN WAKTU MATERIAL HANDLING

2017 ◽  
Vol 8 (1) ◽  
pp. 79
Author(s):  
Esa Rengganis
Keyword(s):  
Material Handling ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Handling Time ◽  
Benefit Cost Analysis ◽  
Handling Cost ◽  
Material Handling Cost ◽  
Tanning Process ◽  
Water Filling ◽  
Benefit Cost

Production facility have a significant influence on production process. CV. Jokudo Kamsa got a problem on water filling on rotary drum, it takes 120 minutes on tanning process. It causes the facility is not enough for this process. So, we need to build pipe installation to reduce material handling time, especially on water filling’s time. Feasibility study on pipe installation based on Benefit Cost Analysis Methode. We applied NPV, Payback Period and Return On Investment. Based on data tabulation we found Rp. 84,787,387,75 on NPV, 74,87 percent on ROI and 5.23 months on PP. And the most important thing we can reduce material handling time in 70 minutes on water filling with material handling cost as big as Rp. 139,804,9.

scholarly journals Railway infrastructures sustainable interventions: Proposal for a Cost-Benefit Analysis application

2018 ◽  
Vol 211 ◽  
pp. 12002
Author(s):  
Paula Couto ◽  
Filipa Salvado ◽  
Maria João falcão Silva
Keyword(s):  
Cost Benefit Analysis ◽  
Public Investment ◽  
Investment Project ◽  
Cost Benefit ◽  
Point Of View ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Investment Projects ◽  
Analysis Application ◽  
Sustainable Projects

The decision to intervene in Railway Infrastructures (RI) in a sustainable way is complex, because the involved costs require different assessment levels, given their relevance to all stakeholders in decision-making, and are not always easily quantifiable. Following recent decisions of the EU, it is urgent to carry studies to support RI sustainable interventions. In this context, the use of methodologies based on Cost-Benefit Analysis (CBA) contributes positively to base decisions on RI investment projects. CBA is a methodology to assess the net economic impact of a public investment project and can be used for a variety of interventions. CBA is based on the conversion to monetary values of all costs and benefits, even when they are intangible. The purpose of a CBA is to evaluate if a project is feasible from the point of view of social welfare through the algebraic sum of their costs and benefits discounted over time. This paper presents a framework for the assessment of RI sustainable projects based on CBA, which integrates the development of community policies and financial instruments. It aims to provide technical support and contribute to the reflection about co-financing rates modulation.

Cost–benefit analysis and the environment

1997 ◽  
Vol 2 (2) ◽  
pp. 195-221
Author(s):  
ANANDARUP RAY
Keyword(s):  
Public Policy ◽  
Environmental Impact ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Benefit Analysis ◽  
Benefit Cost Analysis ◽  
Regulatory Policies ◽  
Benefit Cost ◽  
Benefits And Costs

The thrust of the principles enunciated in Arrow et al. is that economic benefits and costs can be a great help in organizing disparate concerns, in identifying issues, and in designing regulatory policies and individual projects with environmental impact. While this true, I must disagree with the authors that 'formal benefit-cost analysis should not be viewed as either necessary or sufficient for designing sensible public policy' (p. 201). At least there can be little doubt that cost-benefit analysis is necessary for sensible policy. I comment below from the perspective of devloping countries.

scholarly journals The BCA of HSR: Should the Government Invest in High Speed Rail Infrastructure?

2011 ◽  
Vol 2 (1) ◽  
pp. 1-28 ◽  
Author(s):  
Ginés De Rus
Keyword(s):  
High Speed ◽  
Cost Benefit Analysis ◽  
Public Investment ◽  
Cost Benefit ◽  
High Volume ◽  
Environmental Benefits ◽  
High Speed Rail ◽  
Rail Network ◽  
Expected Benefits ◽  
The Government

This paper deals with public investment in High-Speed Rail (HSR) infrastructure and tries to understand the economic rationale for allocating public money to the construction of new HSR lines. The examination of data on costs and demand shows that the case for investing in HSR requires several conditions to be met: an ex ante high volume of traffic in the corridor where the new lines are built, significant time savings, high average willingness of potential users to pay, the release of capacity in the conventional rail network and airports. On the contrary, net environmental benefits seem to be insignificant in influencing the social desirability of HSR investment. This paper discusses, within a cost-benefit analysis framework, under which conditions the expected benefits could justify the investment in HSR projects.

The Use of Cost-Benefit Analysis for Evaluating Efficiency of Public Investment Projects (The Case of Sochi-2014 Winter Olympic Games)

2011 ◽  
pp. 57-78
Author(s):  
I. Pilipenko
Keyword(s):  
Net Present Value ◽  
Olympic Games ◽  
Cost Benefit Analysis ◽  
Public Investment ◽  
Cost Benefit ◽  
Investment Efficiency ◽  
Benefit Analysis ◽  
Step Method ◽  
Investment Projects ◽  
The Usa

The paper analyzes shortcomings of economic impact studies based mainly on input- output models that are often employed in Russia as well as abroad. Using studies about sport events in the USA and Olympic Games that took place during the last 30 years we reveal advantages of the cost-benefit analysis approach in obtaining unbiased assessments of public investments efficiency; the step-by-step method of cost-benefit analysis is presented in the paper as well. We employ the project of Sochi-2014 Winter Olympic and Paralympic Games in Russia to evaluate its efficiency using cost-benefit analysis for five accounts (areas of impact), namely government, households, environment, economic development, and social development, and calculate the net present value of the project taking into account its possible alternatives. In conclusion we suggest several policy directions that would enhance public investment efficiency within the Sochi-2014 Olympics.

scholarly journals Prioritized list of health services in the Islamic Republic of Iran

2000 ◽  
Vol 6 (2-3) ◽  
pp. 367-371
Author(s):  
B. Larijani ◽  
O. Ameli ◽  
K. Alizadeh ◽  
S. R. Mirsharifi
Keyword(s):  
Health Care ◽  
United States Of America ◽  
Policy Making ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Islamic Republic ◽  
Therapeutic Procedures ◽  
Islamic Republic Of Iran ◽  
The Government

We aimed to provide a prioritized list of preventive, diagnostic and therapeutic procedures and their appropriate classification based on a cost-benefit analysis. Functional benchmarking was used to select a rationing model. Teams of qualified specialists working in community hospitals scored procedures from CPTTM according to their cost and benefit elements. The prioritized list of services model of Oregon, United States of America was selected as the functional benchmark. In contrast to its benchmark, our country’s prioritized list of services is primarily designed to help the government in policy-making with the rationing of health care resources, especially for hospitals

scholarly journals Twitter sentiment analysis of the relocation of Indonesia's capital city

2020 ◽  
Vol 9 (4) ◽  
pp. 1620-1630
Author(s):  
Edi Sutoyo ◽  
Ahmad Almaarif
Keyword(s):  
Support Vector Machine ◽  
Sentiment Analysis ◽  
Nearest Neighbor ◽  
Point Of View ◽  
Capital City ◽  
Support Vector ◽  
K Nearest Neighbor ◽  
Evaluation Algorithm ◽  
The Government ◽  
The Many

Indonesia has a capital city which is one of the many big cities in the world called Jakarta. Jakarta's role in the dynamics that occur in Indonesia is very central because it functions as a political and government center, and is a business and economic center that drives the economy. Recently the discourse of the government to relocate the capital city has invited various reactions from the community. Therefore, in this study, sentiment analysis of the relocation of the capital city was carried out. The analysis was performed by doing a classification to describe the public sentiment sourced from twitter data, the data is classified into 2 classes, namely positive and negative sentiments. The algorithms used in this study include Naïve Bayes classifier, logistic regression, support vector machine, and K-nearest neighbor. The results of the performance evaluation algorithm showed that support vector machine outperformed as compared to 3 algorithms with the results of Accuracy, Precision, Recall, and F-measure are 97.72%, 96.01%, 99.18%, and 97.57%, respectively. Sentiment analysis of the discourse of relocation of the capital city is expected to provide an overview to the government of public opinion from the point of view of data coming from social media. 

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