Engineering Economist articles from March 1993

Engineering Economist archives from March 1993

Income, wealth base and rate of return implications of alternative project evaluation criteria.
March 22, 1993... Introduction For many purposes of valuation of a capital investment project, it is desirable to establish, for each period of the project's life, how much income the project will earn and, thus, what wealth base will be invested in the project...

The payback period as a measure of profitability and liquidity.
March 22, 1993... Introduction The Payback Period (PBP) project evaluation criterion, which has been applied since the beginning of this century, has been one of the most popular project evaluation criteria, despite its criticism in academic circles...

Depreciation and tax policies in the seven countries with the highest direct investment from the U.S.
March 22, 1993... Introduction When a U.S. corporation invests in capital plant and equipment in a foreign country, it must consider the tax consequences of the investment. Factors such as the depreciation schedule, the corporate income tax rate, and investment...

Market obsolescence and strategic replacement models.
March 22, 1993... Introduction The decade of the 80's was an active one for the subject of equipment justification. The competitive pressures of a global marketplace and the never ending string of technological advances in manufacturing and service technologies...

Does the ITC affect investment behavior? New evidence from financial managers. (investment tax credit)
March 22, 1993... Introduction To stimulate an ailing economy, President Kennedy proposed the first investment tax credit (ITC) to Congress in 1961. When it became law in 1962, the investment tax credit called for a 7 percent tax credit on qualifying new...

Working capital requirements revisited. (Technical Note)
March 22, 1993... Introduction In a recent article in this journal Stevens |5~ presents a convincing case for the inclusion of working capital requirements in capital budgeting analysis. Rigorous proofs demonstrate the importance of including working capital...

Computer-Organized Cost Engineering.
March 22, 1993... Though there are a number of books on cost engineering aimed at both students and practitioners, only a few, like this one, concentrate on the interplay between computer technology and cost engineering. Modern computer technology, particularly...

Engineering Economics of Alternative Energy Sources.
March 22, 1993... This textbook presents a comprehensive picture of the economic aspects, feasibility and adaptability of alternative energy sources and their interconnections. The author intends for this treatment of energy sources to be total and complete. It...