WHAT ARE LEFT UNDERESTIMATED USING COST-BENEFIT ANALYSIS FOR PUBLIC PROJECT EVALUATION?
Jurgita Baranauskiene, Valdemaras Makutenas, Albina Novosinskiene
Pages: 856-867
Published: 29 Aug 2014
Views: 3,034
Downloads: 701
Abstract: Public projects don’t generate enough income to be financially justified, but create social benefits. Every project should be evaluated in order to make the investment decision. The cost-benefit analysis is a common method for public project evaluation, but this method does not fully comply with the basic concept of public projects. This theoretical and empirical research disclosed limitations of the cost-benefit analysis, used for public projects evaluation and identified the problem field for improving the cost-benefit analysis or creating new methods for public project evaluation.
Keywords: investment, public project, social benefits, cost-benefit analysis
Cite this article: Jurgita Baranauskiene, Valdemaras Makutenas, Albina Novosinskiene. WHAT ARE LEFT UNDERESTIMATED USING COST-BENEFIT ANALYSIS FOR PUBLIC PROJECT EVALUATION?. Journal of International Scientific Publications: Economy & Business 8, 856-867 (2014). https://www.scientific-publications.net/en/article/1000442/
Back to the contents of the volume
© 2025 The Author(s). This is an open access article distributed under the terms of the
Creative Commons Attribution License https://creativecommons.org/licenses/by/4.0/, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. This permission does not cover any third party copyrighted material which may appear in the work requested.
Disclaimer: The Publisher and/or the editor(s) are not responsible for the statements, opinions, and data contained in any published works. These are solely the views of the individual author(s) and contributor(s). The Publisher and/or the editor(s) disclaim any liability for injury to individuals or property arising from the ideas, methods, instructions, or products mentioned in the content.