The New Economics of Evaluating Water Projects

Per-Olov Johansson; Bengt Kriström

doi:10.1146/annurev-resource-083110-120102

Annual Review of Resource Economics

Volume 3, 2011

Review Article

The New Economics of Evaluating Water Projects

Per-Olov Johansson¹, and Bengt Kriström²
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Affiliations: ¹Department of Economics, Stockholm School of Economics, 11383 Stockholm, Sweden; email: [email protected] ²Centre for Environmental & Resource Economics, SLU, Umeå University, 90187 Umeå, Sweden; email: Bengt.[email protected]
Vol. 3:231-254 (Volume publication date October 2011) https://doi.org/10.1146/annurev-resource-083110-120102
First published as a Review in Advance on March 17, 2011
© Annual Reviews

Abstract

We review key developments in the cost-benefit analysis of water projects, including conceptual and empirical issues. We emphasize general equilibrium and dynamics, in particular the links between economic and ecological systems.

Keyword(s): cost-benefit analysis, environmental benefits, externalities, hydropower, option values

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Article Type: Review Article

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Annual Review of Resource Economics

Volume 3, 2011

Review Article

The New Economics of Evaluating Water Projects

Abstract

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