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A Cost–Benefit Analysis of a New Container Terminal

In: Essays on Port Economics

Author

Listed:
  • Pablo Coto-Millán

    (University of Cantabria)

  • Ramón Núñez-Sánchez

    (University of Cantabria)

  • Miguel Ángel Pesquera

    (University of Cantabria)

  • Vicente Inglada

    (University of Complutense)

  • Juan Castanedo

    (University of Cantabria)

Abstract

This paper present a cost–benefit analysis approach applied to measure benefits involving the expansion of container capacity in a seaport context. The paper starts by setting out the theoretical background for identifying and measuring the project benefits. There have been identified and calculated three different benefits: benefits from existing traffic, benefits from avoided diversion costs and benefits from generated traffic. A practical application of this methodology has been included. The results for this application show that this project is viable, either if this infrastructure has congestion problems in the present or may have them in the short term.

Suggested Citation

  • Pablo Coto-Millán & Ramón Núñez-Sánchez & Miguel Ángel Pesquera & Vicente Inglada & Juan Castanedo, 2010. "A Cost–Benefit Analysis of a New Container Terminal," Contributions to Economics, in: Pablo Coto-Millán & Miguel Angel Pesquera & Juan Castanedo (ed.), Essays on Port Economics, pages 307-321, Springer.
    • Handle: RePEc:spr:conchp:978-3-7908-2425-4_19
    DOI: 10.1007/978-3-7908-2425-4_19
    as

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