cost_table: Scheme cost profile

Description Usage Arguments Value

Description

This function generates a table of costs broken down by type and year for input into a CBA

Usage

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cost_table(cost_est, price_base_yr = 2011, opening_yr, appr_period = 30,
  disc_rate = 0.05, resid_period = 0, cpi_base = 99.4, cpi_cost_est,
  sppf = 1.3, spl = 1, labour_cont = 0.35, cost_yrs = c(2022:2025),
  cost_prop = c(0.116, 0.437, 0.409, 0.038))

Arguments

cost_est

The cost estimate for the scheme, entered in factor prices (millions)

price_base_yr

The price base year assumed for the appraisal. Defaults to 2011

opening_yr

The assumed opening year for the scheme

appr_period

The period in years over which the scheme is being appraised. Defaults to 30.

disc_rate

The test discount rate as a decimal.

resid_period

The period in years, after the appraisal period which is assumed to represent the residual value of the scheme. Defaults to 0.

cpi_base

The consumer price index for the price base year. Defaults tp 103.8 for 2011 (base Dec 2006)

cpi_cost_est

The consumer price index for the month and year of the scheme cost estimate

sppf

The shadow price of public funds. Defaults to 1.3

spl

The shadow price of labour. Defaults to 1.0

cost_yrs

The range of years over which the costs are assumed to be incurred

cost_prop

a vector list of the proportion of scheme costs for each year definec in the costYears argument.

Value

A table of scheme costs per year to be input into the cbaTable() function


DanBoyB/cba documentation built on May 6, 2019, 1:21 p.m.