A multiple account framework for cost-benefit analysis

Campbell, Harry F. and Brown, Richard P. C. (2005) A multiple account framework for cost-benefit analysis. Evaluation And Program Planning, 28 1: 23-32. doi:10.1016/j.evalprogplan.2004.05.001

Author Campbell, Harry F.
Brown, Richard P. C.
Title A multiple account framework for cost-benefit analysis
Journal name Evaluation And Program Planning   Check publisher's open access policy
ISSN 0149-7189
Publication date 2005-02-01
Sub-type Article (original research)
DOI 10.1016/j.evalprogplan.2004.05.001
Open Access Status Not yet assessed
Volume 28
Issue 1
Start page 23
End page 32
Total pages 10
Editor J. A. Morell
Place of publication Oxford
Publisher Pergamon-Elsevier Science Ltd
Language eng
Subject C1
340210 Welfare Economics
720199 Macroeconomic issues not elsewhere classified
Abstract The paper presents a spreadsheet-based multiple account framework for cost-benefit analysis which incorporates all the usual concerns of cost-benefit analysts such as shadow-pricing to account for market failure. distribution of net benefits. sensitivity and risk analysis, cost of public funds, and environmental effects. The approach is generalizable to a wide range of projects and situations and offers a number of advantages to both analysts and decision-makers, including transparency, a check on internal consistency, and a detailed summary of project net benefits disaggregated by stakeholder group. Of particular importance is the ease with which this framework allows for a project to be evaluated from alternative decision-making perspectives and under alternative policy scenarios where the trade-offs among the project's stakeholders can readily be identified and quantified. (C) 2004 Elsevier Ltd. All rights reserved.
Keyword Cost-benefit Analysis
Benefit-cost Analysis
Multiple Account
Spreadsheet Evaluation
Public Sector Project
Private Sector Project
Efficiency Analysis
Referent Group Analysis
Income Distribution
Environmental Costs
Social Sciences, Interdisciplinary
Q-Index Code C1
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collections: Excellence in Research Australia (ERA) - Collection
2006 Higher Education Research Data Collection
School of Economics Publications
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 17 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 17 times in Scopus Article | Citations
Google Scholar Search Google Scholar
Created: Wed, 15 Aug 2007, 16:24:05 EST