Title :
Study on the Estimating Model of Shadow Prices for National Economy Evaluation of Construction Projects
Author :
Zhao, Hui-Ru ; You, Pei-Pei ; Li, Chun-Jie
Author_Institution :
Inst. of Ind. Econ., North China Electr. Power Univ., Beijing, China
Abstract :
Shadow price is one of the most important parameters in national economy evaluation. The estimating model of shadow prices are studied based on Input-Output (IO) Analysis and the Input-output table 2005. An approach which uses accounting price ratios to express shadow prices is developed. Some improvements have been made against those past estimations of shadow prices. Case study said this approach has enhanced the credibility for the national economy evaluation system. Meanwhile, it has much higher practicability and maneuverability.
Keywords :
accounting; construction industry; industrial economics; pricing; project management; accounting price ratios; construction projects; input-output analysis; input-output table; national economy evaluation; shadow prices; Construction industry; Costs; Exchange rates; Finance; Industrial economics; Investments; Nominations and elections; Power generation economics; Production; Project management;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5303338
