RT info:eu-repo/semantics/article T1 Economic feasibility study for wastewater treatment: A cost–benefit analysis A1 Molinos Senante, María A1 Hernandez Sancho, Francesc A1 Sala Garrido, Ramon AB Water resource management should be made from a multidisciplinary perspective. In this sense, economic research into the design and implementation of policies for the efficient management of water resources has been emphasized by the European Water Framework Directive (WFD). Cost–benefit analysis (CBA) is one of the more widely accepted economic instruments since it is a rational and systematic decision-making support tool. Moreover, the wastewater treatment process has significant associated environmental benefits. However, these benefits are often left uncalculated because they have no market value. In this paper, using the concept of shadow price, a quantification of the environmental benefits derived from wastewater treatment is made. Once the environmental benefits are estimated and the economic costs of the treatment processes are known, a CBA is made for each of the wastewater treatment plants (WWTPs) under study. In this way, a useful economic feasibility indicator is obtained for WWTP operation. PB Elsevier SN 0048-9697 YR 2010 FD 2010 LK https://uvadoc.uva.es/handle/10324/64535 UL https://uvadoc.uva.es/handle/10324/64535 LA spa NO Science of the Total Environment, 2010, vol. 408, n. 20, p. 4396–4402. DS UVaDOC RD 24-nov-2024