Arbeitspapier

A Comparison of Benefit Cost and Cost Utility Analysis in Practice: Divergent Policies in Sweden

We compare state-of-the-art implementation of Benefit Cost Analysis (BCA) and Cost Utility Analysis (CUA) as tools for making priorities in allocation of national public funds in the transport sector and health sector, respectively, in Sweden. While the principal distinctions between these methods are well known, less notice has been given to a number of other differences that have emerged as national and international practices have evolved over time along separate lines. We compare cost and benefit components and economic parameter values and find some surprising disparities. There are inconsistencies, both across methods and within each method. Both can be improved by learning from the other. We also find that some current practices conflict with the underlying welfare theory and/or insights from recent empirical analysis.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 5/2012

Classification
Wirtschaft
Allocative Efficiency; Cost-Benefit Analysis
National Government Expenditures and Health
Health: Government Policy; Regulation; Public Health
Subject
Benefit Cost Analysis
Cost Utility Analysis

Event
Geistige Schöpfung
(who)
Hultkrantz, Lars
Svensson, Mikael
Event
Veröffentlichung
(who)
Örebro University School of Business
(where)
Örebro
(when)
2012

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hultkrantz, Lars
  • Svensson, Mikael
  • Örebro University School of Business

Time of origin

  • 2012

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