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- W327841109 abstract "In order to evaluate the impact that any government regulation has on society, an accurate measure of the costs imposed by the regulation is essential. Current government estimates of the cost of pollution control legislation have failed to include the costs of project delays that firms may experience when complying with such standards. Clearly, if these delays are the direct result of such legislation their costs should be included for a proper evaluation. The purpose of this report is to define and measure the true impact that construction deals have on the total project costs of a specific industry. The Nuclear Power Industry has been chosen to illustrate the problem. First, the industry is examined in terms of its economic and physical environment. A model is then developed to deal with the costs involved in the construction of a typical nuclear plant. The model is tested by regressing time and cost data of 31 completed plants to determine the impact that unanticipated delays have had on total project costs. These results indicate that such delays would increase the total project costs of a typical 1,000 mw plant by .8 percent per month in the initial stage of the project andmore » 1.1 percent per month after actual construction begins.« less" @default.
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- W327841109 date "1980-08-01" @default.
- W327841109 modified "2023-09-27" @default.
- W327841109 title "An economic analysis of the effects of regulatory delay on nuclear power plant construction. Technical report" @default.
- W327841109 hasPublicationYear "1980" @default.
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