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Review article2011Peer reviewed

The New Economics of Evaluating Water Projects

Johansson, Per-Olov; Kriström, Bengt

Abstract

We review key developments in the cost-benefit analysis of water projects, including conceptual and empirical issues. We emphasize general equilibrium and dynamics, in particular the links between economic and ecological systems.

Keywords

hydropower; cost-benefit analysis; environmental benefits; externalities; option values

Published in

Annual Review of Resource Economics
2011, Volume: 3, pages: 231-254
ISBN: 978-0-8243-4703-1
Publisher: ANNUAL REVIEWS, 4139 EL CAMINO WAY, PO BOX 10139, PALO ALTO, CA 94303-0897 USA

      SLU Authors

    • UKÄ Subject classification

      Economics and Business
      Social Sciences
      Environmental Sciences related to Agriculture and Land-use

      Publication identifier

      DOI: https://doi.org/10.1146/annurev-resource-083110-120102

      Permanent link to this page (URI)

      https://res.slu.se/id/publ/59468