TURNING ISOLATION TO ADVANTAGE IN REGIONAL COST-BENEFIT ANALYSIS

Projects in small regional communities are rarely subjected to cost–benefit analysis, partly because of the perceived difficulty and cost of doing so. However, the very isolation of such communities means that well‐established analytical techniques used for transport projects can be used to estimate...

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Bibliographic Details
Published in:Economic papers (Economic Society of Australia) 2007-03, Vol.26 (1), p.17-28
Main Author: DOBES, LEO
Format: Article
Language:English
Subjects:
Cost benefit analysis
Economic theory
Regional
Regional development
Regional economics
Research methods
Rural areas
Rural development
Rural Transaction Centres program
Studies
Transport
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Summary:Projects in small regional communities are rarely subjected to cost–benefit analysis, partly because of the perceived difficulty and cost of doing so. However, the very isolation of such communities means that well‐established analytical techniques used for transport projects can be used to estimate the costs and benefits of government provision of goods and services.
ISSN:0812-0439
1759-3441
DOI:10.1111/j.1759-3441.2007.tb00424.x