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Economic Analysis of Projects for Secondary Sources of Water Supply
Author(s) -
Rose John L.
Publication year - 1962
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1962.tb00976.x
Subject(s) - economic analysis , environmental economics , supply and demand , natural resource economics , economics , interest rate , water supply , risk analysis (engineering) , business , engineering , microeconomics , macroeconomics , agricultural economics , environmental engineering
This article deals with factors entering into the economic analysis of projects for secondary water supplies, and into the techniques for making such analyses. These factors are: the capacity factor of the proposed improvement, including the firming effect on the primary source of supply; the conjectural nature of the demand projections; and, the susceptibility of alternative plans to staged construction. Two general aspects of economic studies are considered: the choice of the formula to be used for deciding between the design alternatives; and, the rate of interest to be used to place events occurring at different times on a common basis.