Recurrent Expenditure Requirements of Capital Projects : Estimation for Budget Purposes
This paper examines the issue of estimating recurrent costs associated with capital projects in the investment budget. It is intended to help overcome budget planning problems which give rise to the chronic under-funding of maintenance and operatin...
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Online Access: | http://documents.worldbank.org/curated/en/2002/12/2113665/recurrent-expenditure-requirements-capital-projects-estimation-budget-purposes http://hdl.handle.net/10986/19195 |
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okr-10986-191952021-04-23T14:03:43Z Recurrent Expenditure Requirements of Capital Projects : Estimation for Budget Purposes Hood, Ron Husband, David Yu, Fei ACQUISITION ACQUISITION COSTS ADB AGRICULTURE AUDIT REPORTS AUTOREGRESSION BENEFIT ANALYSIS BUDGET DEFICITS BUDGETARY PROCESS CAPACITY BUILDING CAPITAL PROJECTS CASH BUDGETS COST ESTIMATES COST RECOVERY DEPRECIATION ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION EMPIRICAL ANALYSIS ENVIRONMENTAL PERFORMANCE EXPENDITURE FISHERIES FORESTRY HUMAN CAPITAL INDIRECT COST INTEREST EXPENSE INTERNATIONAL TRADE MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MAINTENANCE COSTS MUNICIPAL DEVELOPMENT OPERATING COSTS POLLUTION POLLUTION CONTROL PROCUREMENT PRODUCTIVITY PROPERTY RIGHTS PUBLIC SERVICES QUALITY OF EDUCATION RECURRENT COST RECURRENT COSTS RECURRENT EXPENDITURES RESOURCES MANAGEMENT SAVINGS TELECOMMUNICATIONS URBAN DEVELOPMENT URBAN SERVICES USER CHARGES WAGES WATER SUPPLY INVESTMENT PROJECTS This paper examines the issue of estimating recurrent costs associated with capital projects in the investment budget. It is intended to help overcome budget planning problems which give rise to the chronic under-funding of maintenance and operating costs typical in some developing economies. The objective is to provide guidance in the preparation of budget submissions so that information on the future recurrent cost implications of today's capital spending is quantified in a way that supports the authorities in making project selection and budget decisions. The paper is in three parts. The first part outlines some concepts and definitions involved in measuring recurrent costs. The second part provides stylized examples of individual projects. And the third part presents some rough empirical guidance drawn from a sample of actual investment projects. 2014-08-01T17:23:25Z 2014-08-01T17:23:25Z 2002-12 http://documents.worldbank.org/curated/en/2002/12/2113665/recurrent-expenditure-requirements-capital-projects-estimation-budget-purposes http://hdl.handle.net/10986/19195 English en_US Policy Research Working Paper;No. 2938 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
ACQUISITION ACQUISITION COSTS ADB AGRICULTURE AUDIT REPORTS AUTOREGRESSION BENEFIT ANALYSIS BUDGET DEFICITS BUDGETARY PROCESS CAPACITY BUILDING CAPITAL PROJECTS CASH BUDGETS COST ESTIMATES COST RECOVERY DEPRECIATION ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION EMPIRICAL ANALYSIS ENVIRONMENTAL PERFORMANCE EXPENDITURE FISHERIES FORESTRY HUMAN CAPITAL INDIRECT COST INTEREST EXPENSE INTERNATIONAL TRADE MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MAINTENANCE COSTS MUNICIPAL DEVELOPMENT OPERATING COSTS POLLUTION POLLUTION CONTROL PROCUREMENT PRODUCTIVITY PROPERTY RIGHTS PUBLIC SERVICES QUALITY OF EDUCATION RECURRENT COST RECURRENT COSTS RECURRENT EXPENDITURES RESOURCES MANAGEMENT SAVINGS TELECOMMUNICATIONS URBAN DEVELOPMENT URBAN SERVICES USER CHARGES WAGES WATER SUPPLY INVESTMENT PROJECTS |
spellingShingle |
ACQUISITION ACQUISITION COSTS ADB AGRICULTURE AUDIT REPORTS AUTOREGRESSION BENEFIT ANALYSIS BUDGET DEFICITS BUDGETARY PROCESS CAPACITY BUILDING CAPITAL PROJECTS CASH BUDGETS COST ESTIMATES COST RECOVERY DEPRECIATION ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION EMPIRICAL ANALYSIS ENVIRONMENTAL PERFORMANCE EXPENDITURE FISHERIES FORESTRY HUMAN CAPITAL INDIRECT COST INTEREST EXPENSE INTERNATIONAL TRADE MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MAINTENANCE COSTS MUNICIPAL DEVELOPMENT OPERATING COSTS POLLUTION POLLUTION CONTROL PROCUREMENT PRODUCTIVITY PROPERTY RIGHTS PUBLIC SERVICES QUALITY OF EDUCATION RECURRENT COST RECURRENT COSTS RECURRENT EXPENDITURES RESOURCES MANAGEMENT SAVINGS TELECOMMUNICATIONS URBAN DEVELOPMENT URBAN SERVICES USER CHARGES WAGES WATER SUPPLY INVESTMENT PROJECTS Hood, Ron Husband, David Yu, Fei Recurrent Expenditure Requirements of Capital Projects : Estimation for Budget Purposes |
relation |
Policy Research Working Paper;No. 2938 |
description |
This paper examines the issue of
estimating recurrent costs associated with capital projects
in the investment budget. It is intended to help overcome
budget planning problems which give rise to the chronic
under-funding of maintenance and operating costs typical in
some developing economies. The objective is to provide
guidance in the preparation of budget submissions so that
information on the future recurrent cost implications of
today's capital spending is quantified in a way that
supports the authorities in making project selection and
budget decisions. The paper is in three parts. The first
part outlines some concepts and definitions involved in
measuring recurrent costs. The second part provides stylized
examples of individual projects. And the third part presents
some rough empirical guidance drawn from a sample of actual
investment projects. |
format |
Publications & Research :: Policy Research Working Paper |
author |
Hood, Ron Husband, David Yu, Fei |
author_facet |
Hood, Ron Husband, David Yu, Fei |
author_sort |
Hood, Ron |
title |
Recurrent Expenditure Requirements of Capital Projects : Estimation for Budget Purposes |
title_short |
Recurrent Expenditure Requirements of Capital Projects : Estimation for Budget Purposes |
title_full |
Recurrent Expenditure Requirements of Capital Projects : Estimation for Budget Purposes |
title_fullStr |
Recurrent Expenditure Requirements of Capital Projects : Estimation for Budget Purposes |
title_full_unstemmed |
Recurrent Expenditure Requirements of Capital Projects : Estimation for Budget Purposes |
title_sort |
recurrent expenditure requirements of capital projects : estimation for budget purposes |
publisher |
World Bank, Washington, DC |
publishDate |
2014 |
url |
http://documents.worldbank.org/curated/en/2002/12/2113665/recurrent-expenditure-requirements-capital-projects-estimation-budget-purposes http://hdl.handle.net/10986/19195 |
_version_ |
1764439728190390272 |