Monetizing the Economic Benefit of Engineering Projects for Debris Flow Disaster [貨幣化治理工程之經濟效益]
Journal
Journal of the Chinese Institute of Civil and Hydraulic Engineering
Journal Volume
33
Journal Issue
6
Pages
417-427
Date Issued
2021
Author(s)
Abstract
The purpose of this study was to develop a method which allows practitioners to quickly evaluate economic benefits and benefit-cost ratio of soil and water conservation engineering projects after they were constructed. We used actual data which includes costs of engineering projects and drills, numbers of disaster events, costs to repair damaged buildings, loss from damaged automobile, road, and casualties in calculations. The engineering projects from 2006 to 2019 of nine villages in Gaoping River Basin in Southern Taiwan were analyzed. The result showed that the range of benefit-cost ratios of each village was 1.08 to 2.41 which indicated that the engineering projects analyzed were effective based on this method. ? 2021, Chinese Institute of Civil and Hydraulic Engineering. All right reserved.
Subjects
Cost-benefit analysis
Engineering projects
Monetization
Cost engineering
Costs
Rural areas
Soil conservation
Water conservation
Benefit cost ratios
Cost-benefits analysis
Debris flows
Economic benefits
Engineering program
River basins
Soil and water conservation
Southern taiwan
Cost benefit analysis
Type
journal article