As a part of the RCMS project, the present document aims at discussing the economic analysis of the studied solutions. The analysis is applied to the two project’s case study terminals in Gdansk (Poland) and Koper (Slovenia), in order to ultimately evaluate the strengthens of the RCMS in relation to the other two investment alternatives (i.e. RMG and RTG) and considering not only financial factors. In order to achieve its purpose, the current document discusses the assumptions and the hypotheses used in the development of the economic analysis, showing main considered elements. In order to perform the economic assessment, a simplified Cost-Benefit Analysis (CBA) has been developed. Among the main hypotheses, an evaluation time period of 25 year is used, with a different set of discount factors (using a base scenario that includes a social discount factor equal to 5%). In comparison with previous deliverables, a different cost aggregation process - due to the needed hypotheses on the cost items, such as a different consideration of the VAT- lead to different values. Similarly a different time scale for the revenues has been used. Thus the first part of the report is dedicated to the explanation of the process that leads to the different aggregation of the various elements and to the discussion of the simplification needed in order to perform the CBA (e.g. consideration of the revenues as proxy for part of the benefits). Within this part, the peculiarities of the port investments are underlined in order to better understand the effects of a different set of hypotheses on the main elements characterising the CBA.
|Titolo:||Economic Analysis Report|
|Data di pubblicazione:||2017|
|Appare nelle tipologie:||07.12 - Altro|