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Additional Issues in Cost-Benefit Analysis

  • Magnus Johannesson
Part of the Developments in Health Economics and Public Policy book series (HEPP, volume 4)

Abstract

In this chapter we deal with two additional issues concerning the estimation of costs and benefits. The first issue is how to adjust benefits and costs according to their timing (i.e. the discounting of costs and benefits) and the second issue is how to deal with taxes in a cost-benefit analysis.

Keywords

Interest Rate Discount Rate Time Preference Real Interest Rate Real Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. Barro RJ, Martin XS. World real interest rates. NBER Macroeconomics Annual 1990; 5: 15–59.CrossRefGoogle Scholar
  2. Boadway RW, Bruce N. Welfare economics. Oxford: Blackwell, 1984.Google Scholar
  3. Freeman AM. The measurement of environmental and resource values: theory and methods. Washington D.C.: Resources for the Future, re, 1993.Google Scholar
  4. Johanson P-O. An introduction to modem welfare economics. Cambridge: Cambridge University Press, 1991.CrossRefGoogle Scholar

Copyright information

© Springer Science+Business Media Dordrecht 1996

Authors and Affiliations

  • Magnus Johannesson
    • 1
  1. 1.Stockholm School of EconomicsSweden

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