Economic evaluation manual - Ch 2 Basic concepts
Summary
This chapter describes the basic concepts underlying the economic efficiency evaluation procedures for projects and packages of projects submitted to Land Transport NZ for funding.
- 2.1 Overview
- 2.2 Social cost benefit analysis and financial analysis
- 2.3 Benefits
- 2.4 External impacts
- 2.5 Costs
- 2.6 Present value and discounting
- 2.7 Time frame
- 2.8 Do minimum and benefit and cost differentials
- 2.9 Benefit cost ratios
- 2.10 Incremental cost benefit analysis
- 2.11 First-year rate of return
- 2.12 Uncertainty and risk
- 2.13 Alternatives and options
- 2.14 Packages
- 2.15 Transport models
- 2.16 Other inputs to funding allocation process
- 2.17 References
2.1 Overview
Overview
This chapter describes the basic concepts underlying the economic efficiency evaluation procedures for projects and packages of projects submitted to Land Transport NZ for funding.
