Mega-projects and Regional Development in the Italian Experience

Journal title SCIENZE REGIONALI
Author/s Marco Percoco, Lanfranco Senn
Publishing Year 2010 Issue 2010/3 Supp
Language English Pages 10 P. 5-14 File size 340 KB
DOI 10.3280/SCRE2010SU3001
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

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 codes: H43, H54, R42

Marco Percoco, Lanfranco Senn, Mega-projects and Regional Development in the Italian Experience in "SCIENZE REGIONALI " 3 Supp/2010, pp 5-14, DOI: 10.3280/SCRE2010SU3001