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- Title
Kalamzoo River Flood Control Proposal: A Case Study.
- Authors
Ross, Myron H.
- Abstract
The corps concludes. that the Kalamazoo River flood control project is worthwhile because the annual benefits exceeds the annual costs. This paper indicates that the benefits are glossary overestimated, with the 1969 benefit-cost ratio being no more than .040 rather than 1.30 as the Corps states. Other factors-such as an excessively low interest rate assumption, an overestimate of the life of the project , a declining trend of flooding - reinforce this conclusion.
- Subjects
MICHIGAN; KALAMAZOO River (Mich.); UNITED States; FLOOD control; REGULATION of rivers; PUBLIC works; COST effectiveness; INTEREST rates
- Publication
Land Economics, 1972, Vol 48, Issue 1, p57
- ISSN
0023-7639
- Publication type
Report
- DOI
10.2307/3145640