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TURNING ISOLATION TO ADVANTAGE IN REGIONAL COST—BENEFIT ANALYSIS
Author(s) -
DOBES LEO
Publication year - 2007
Publication title -
economic papers: a journal of applied economics and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.245
H-Index - 19
eISSN - 1759-3441
pISSN - 0812-0439
DOI - 10.1111/j.1759-3441.2007.tb00424.x
Subject(s) - isolation (microbiology) , government (linguistics) , business , cost–benefit analysis , risk analysis (engineering) , goods and services , environmental economics , public economics , economics , economy , political science , linguistics , microbiology and biotechnology , law , philosophy , biology
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.