Quantifying externalities of investment projects in EU and Serbia

Đukić, Mališa and Hanić, Hasan and Lazić, Milena (2014) Quantifying externalities of investment projects in EU and Serbia. Ecologica: naučno-stručni i informativni časopis, 21 (74). pp. 141-144. ISSN 0354-3285

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Improvement and further development of infrastructure in Serbia is of great importance for its economic growth. Financing of major investment projects can be achieved by applying for EU funds namely Instrument for Pre-Accession Assistance (IPA). Prior to EU assistance application proper feasibility study with cost benefit analysis needs to be prepared indicating all economic benefits and costs. One of the steps of the economic analysis is to include in the appraisal those project impacts that are relevant for society, but for which a market value is not available such as environmental impacts. The purpose of this paper is to analyse the methodology of quantifying externalities namely air pollution and calculate unit value of air pollution costs that could be used for economic appraisal framework of investment projects in Serbia.

Item Type: Article
Additional Information: COBISS.ID=512256866
Uncontrolled Keywords: cost benefit analysis, externalities, European Union, Instrument for Pre- Accession
Research Department: Sustainable Development
Depositing User: Jelena Banovic
Date Deposited: 17 Dec 2020 09:50
Last Modified: 17 Dec 2020 09:50
URI: http://ebooks.ien.bg.ac.rs/id/eprint/1525

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