Cost—Benefit Analysis and the Perpetuation of Regional Imbalance—A Note
- 1 September 1976
- journal article
- research article
- Published by SAGE Publications in Environment and Planning A: Economy and Space
- Vol. 8 (6) , 715-720
- https://doi.org/10.1068/a080715
Abstract
Regional development benefits are excluded from cost—benefit analysis, but the valuation techniques and discounting techniques create a bias towards projects in the best-developed regions. Three devices to counter this tendency are noted.Keywords
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