The Economics of Mega-projects

Silvia Platoni*, Francesco Timpano

*Autore corrispondente per questo lavoro

Risultato della ricerca: Contributo in libroCapitolo

Abstract

Mega-projects play a foremost role not only in developed countries, but mainly in developing countries in several respects: political dynamics, so-cial effects, and economic fallout (see Bovensiepen and Meitzner Yoder, 2018). As correctly stated by van Wee and Tavasszy (2008), first, they are heavily under debate at the political level because of their economic impacts and important budget implications . Second, there is a lively debate also among scholars and practitioners owing to the huge cost escalation and schedule delay of these projects (Flyvbjerg et al., 2003a; Odeck, 2004), but also due to the uncertainty of their wider economic effects, which can be in-terpreted as related externalities.
Lingua originaleInglese
Titolo della pubblicazione ospiteMegaproject Management: A Multidisciplinary Approach to Embrace Complexity and Sustainability (SpringerBriefs in Applied Sciences and Technology)
EditoreSpringer
Pagine43-54
Numero di pagine12
ISBN (stampa)978-3030393533
DOI
Stato di pubblicazionePubblicato - 2020

All Science Journal Classification (ASJC) codes

  • Biotecnologia
  • Ingegneria Chimica Generale
  • Matematica generale
  • Scienza dei Materiali Generale
  • Ingegneria Energetica e Tecnologia di Potenza
  • Ingegneria Generale

Keywords

  • CBA
  • Evaluation
  • Megaproject
  • PESTOL model
  • Valuation
  • ex-ante
  • ex-post

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