Inflation shopping: how transport infrastructure project cost evaluation is affected by choice of inflation index
Transport infrastructure projects typically take a number of years to complete and there is a strong case for adjusting ‘nominal costs’ incurred in different years to ‘real costs’ in base year prices by using an inflation index. The literature on the funding and financing of transport infrastructure...
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Format: | Journal article |
Language: | English |
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Engineering Project Organization Journal
2021
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