题名: |
When and How to Use NPV, IRR, and Modified IRR |
责任者: |
Mackie, Peter<=>Nellthorp, John<=>Laird, James |
关键词: |
Macroeconomics and Economic Growth;Investment and Investment Climate;Roads and Highways;Banks and Banking Reform;Water Supply and Sanitation;Water Supply and Sanitation Finance;Economic Theory and Research;Finance and Financial Sector Development;Transport |
学科分类: |
交通运输规划与管理 |
摘要: |
The Economic Evaluation Notes are arranged in three groups. The first group (TRN-6 to TRN-10) provides criteria for selection a particular evaluation technique or approach; the second (TRN-11 to TRN-17) addresses the selection of values of various inputs to the evaluation, and the third (TRN-18 to TRN-26) deals with specific problematic issues in economic evaluation. The Notes are preceded by a Framework (TRN-5), that provides the context within which we use economic evaluation in the transport sector. All three NPV, IRR, and modified IRR are summary measures of project performance. Each one provides a single figure summarizing the impact of the project on economic welfare. Each of the three measures does, however, give subtly different information: 1) NPV focuses on the total welfare gain over the whole life of the project; and, 2) IRR and Modified IRR focus on the rate at which benefits are realized following an initial transport investment. |
出版机构: |
World Bank |
报告类型: |
咨询报告 |
详细地址: |
http://documents.worldbank.org/curated/en/2005/01/6371290/notes-economic-evaluaiton-transport-projects-use-npv-irr-modified-irr-notes-economic-evaluation-transport-projects-use-npv-irr-modified-irr |
资源类型: |
科技(咨询、行业)报告 |
初始创建时间: |
2005-01 |
最新修改时间: |
2017-12-13T12:07:20Z |