This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

A social discount rate for France

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
David Evans
Abstract

Each of the member countries of the European Union should, ideally, employ the same approach to measuring a discount rate for application in the appraisal of social projects. This, however, is far from the case! The German rate is based on financial market data, the British measure reflects social time preference and the French rate is usually based on the marginal product of capital. While the German and British rates are similar in value, the French rate of 8% is over twice as high! In this paper, a discount rate based on social time preference is estimated for France and the policy implications of the result are then considered. The main finding is that the real rate of discount would fall to less than half its current level.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://taylorandfrancis.metapress.com/link.asp?target=contribution&id=R2ALY5D9JN5F3PXW
File Format: text/html
File Function:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Taylor and Francis Journals in its journal Applied Economics Letters.

Volume (Year): 11 (2004)
Issue (Month): 13 (October)
Pages: 803-808
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:taf:apeclt:v:11:y:2004:i:13:p:803-808

Contact details of provider:
Web page: http://www.tandf.co.uk/journals/routledge/13504851.html

Order Information:
Web: http://www.tandf.co.uk/journals/subscription.html

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. R. A. Sharma & M. J. McGregor & J. F. Blyth, 1991. "The Social Discount Rate For Land-Use Projects In India," Journal of Agricultural Economics, Blackwell Publishing, vol. 42(1), pages 86-92. [Downloadable!] (restricted)
  2. Selvanathan, Saroja & Selvanathan, E Antony, 1993. "A Cross-Country Analysis of Consumption Patterns," Applied Economics, Taylor and Francis Journals, vol. 25(9), pages 1245-59, September.
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Lopez, Humberto, 2008. "The social discount rate : estimates for nine Latin American countries," Policy Research Working Paper Series 4639, The World Bank. [Downloadable!]
  2. David J. EVANS, 2006. "Social discount rates for the European Union," Departemental Working Papers 2006-20, Department of Economics University of Milan Italy. [Downloadable!]
Statistics
Access and download statistics

Did you know? All top Economics journals are listed on RePEc.

This page was last updated on 2009-12-5.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.