Showing 1 - 10 of 169
Vietnam’s agrarian system has profoundly changed since the government initiated its renovation policy in 1986. Various … and ensuring the nation’s food security. The government has undertaken considerable investments in irrigation and water … maintains the hydraulic infrastructure, but farmers have to contribute to funding and managing the irrigation systems. In this …
Persistent link: https://www.econbiz.de/10011260822
This paper examines the social opportunity cost of a hypothetical public project in Australia and compares these values with the cost of the project as measured by factor prices. Since 2001, the Australian taxation system has included an ad valorem tax, the Goods and Services Tax, however...
Persistent link: https://www.econbiz.de/10005835919
We show that project evaluation should be based on free cash flows at nominal prices. We present a case where the results from the constant price method are biased upwards and there is a risk to accept bad projects. It is a widespread practice to evaluate projects at constant prices. With an...
Persistent link: https://www.econbiz.de/10005836393
The methodology and uses of Monte-Carlo simulation technique are presented as applied to the analysis and assessment of risk in the evaluation of investment projects. The importance of risk analysis in investment appraisal is highlighted and the stages in the process introduced. The results...
Persistent link: https://www.econbiz.de/10005836437
Shift to the program planning and budgeting is a budget policy priority in Russia. However, the current system of public programs development and implementation needs to be improved. The research aims at development of methodological approaches for a priori financial control of public programs...
Persistent link: https://www.econbiz.de/10011260911
We provide a methodology to perfom an extensive and systematized analysis of problems where experts voice their opinions on the attributes of projects through a hesitant fuzzy decision matrix. A weighted average of specific parametric expressions for two tenable indices of satisfaction permits...
Persistent link: https://www.econbiz.de/10011107616
This paper illustrates the use of real options principles to value prototypical resource and industryinvestment projects. It captures important competitive/strategic dimensions in a step-by-stepanalysis of investment decisions (options) under uncertainty. It compares and contrasts...
Persistent link: https://www.econbiz.de/10005789845
This paper suggests an alternate approach to corporate finance in an interest free economy by looking beyond practiced Islamic finance and suggesting alternatives for corporate finance in sourcing funds i.e. i) Ijara with embedded options, ii) limited liability partnership, iii) equity modes...
Persistent link: https://www.econbiz.de/10008502728
This paper examines the social opportunity cost of a hypothetical public project in Australia and compares these values with the cost of the project as measured by factor prices. Since 2001, the Australian taxation system has included an ad valorem tax, the Goods and Services Tax, however...
Persistent link: https://www.econbiz.de/10005616724
This paper presents a method for assessing small hydropower projects that are subject to uncertain electricity prices. We present a real options-based method with continuous scaling, and we find that there is a unique price limit for initiating the project. If the current electricity price is...
Persistent link: https://www.econbiz.de/10005620027