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- W1601472089 abstract "We draw attention to a number of key factors in the evaluation of major projects, such as smelters, which are highly capital- and energy-intensive as well as export-orientated. The practice of justifying such projects by upvaluing foreign exchange is considered, as is the cost of distortion. Export efficiency is introduced as the key criterion: the efficiency of some recent smelter proposals in Oceania was between 36 and 50 cents in the dollar. A correct power price is essential: hydropower (in contrast with hydroenergy) should be priced as a depletable resource." @default.
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- W1601472089 date "1985-06-01" @default.
- W1601472089 modified "2023-09-25" @default.
- W1601472089 title "Export efficiency of large projects" @default.
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- W1601472089 doi "https://doi.org/10.1016/0301-4207(85)90004-2" @default.
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