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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Main Authors: Hood, Ron, Husband, David, Yu, Fei
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
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
id okr-10986-19195
recordtype oai_dc
spelling 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
repository_type 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
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