The social rate of return on infrastructure investments
By: David Canning and Esra Bennathan.
Contributors: Bennathan, Esra.; World Bank. Development Research Group. Public Economics.; World Bank. Infrastructure Group.
Series: Policy research working paper ;; 2390; Policy research working papers ;; 2390.
Publisher: World Bank, Development Research Group, Public Economics; Private Sector Development and Infrastructure, Infrastructure Group
Published: 2000
Place of publication: Washington, DC (1818 H St., NW, Washington 20433)
Language: eng
Number of pages: 48
Subjects: Infrastructure (Economics); Rate of return.; Capital investments.
Description: Large potential benefits of infrastructure may elude identification and measurement by conventional cost-benefit analysis. Canning and Bennathan estimate social rates of return on general capital, by examining the effect on aggregate output and comparing that effect with the costs of construction.
Notes: Includes bibliographical references (p. 31-33).
"July 2000"--Cover.
Also available on the World Wide Web.