- https://www.cells.es/en/media/events/alba-public-events/the-cost-benefit-analysis-of-research-infrastructure-the-case-of-particle-accelerators
- The Cost-Benefit Analysis of research infrastructure: the case of particle accelerators
- 2016-10-07T12:00:00+02:00
- 2016-10-07T13:00:00+02:00
- Prof. Massimo Florio, Professor of Public Economics and Jean Monnet Chair “Ad personam” of EU Industrial Policy. University of Milan (Italy)
- What
- events
- When
- Oct 07, 2016 from 12:00 PM to 01:00 PM (Europe/Madrid / UTC200)
- Where
- ALBA Synchrotron - Maxwell Auditorium
- Contact Name
- Enric Vinyals
- Web
- Visit external website
- Add event to calendar
-
iCal
This talk will explore some of the methodological issues involved in a cost–benefit analysis framework for large scale capital-intensive research infrastructures. We propose a conceptual model based on the estimation of quantities and shadow prices of cost aggregates, and of six main categories of economic benefits: technological spillovers, human capital formation, knowledge outputs, cultural effects, services to third parties including consumers, and a public good, the pure value of discovery. We justify the reasons why these benefits of research infrastructures should be often expected to be the core ones in ex-ante project evaluation. Other benefits may be considered as well, but often by qualitative methods only. Empirical approaches are suggested for further applied research.
