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Mega-projects and Regional Development in the Italian Experience
Journal Title: SCIENZE REGIONALI  
Author/s:  Marco Percoco, Lanfranco Senn 
Year:  2010 Issue: 3 Supp Language: English 
Pages:  10 Pg. 5-14 FullText PDF:  340 KB
DOI:  10.3280/SCRE2010SU3001
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The aim of this note is to introduce the special issue on "Mega-projects and regional development in the Italian experience" and to review some of the critical issues associated with the evaluation of mega-projects. In particular, we focus on the shortcomings of Cost-Benefit Analysis when the project is large and when network effects are not negligible, and we propose further research on risk assessment and time discounting for long term and risky investments.
Keywords: Project appraisal, transport megaprojects, regional development
Jel Code: H43, H54, R42

Marco Percoco, Lanfranco Senn, in "SCIENZE REGIONALI " 3 Supp/2010, pp. 5-14, DOI:10.3280/SCRE2010SU3001

   

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