Discount Rates for Economic Appraisal of Public Sector Expenditures
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Glenn P. Jenkins, 1980. "Discount Rates for Economic Appraisal of Public Sector Expenditures," Canadian Public Policy, University of Toronto Press, vol. 6(3), pages 549-555, Summer.
References listed on IDEAS
- Sandmo, Agnar & Dreze, Jacques H, 1971.
"Discount Rates for Public Investment in Closed and Open Economies,"
Economica,
London School of Economics and Political Science, vol. 38(152), pages 395-412, November.
- SANDMO, Agnar & DREZE, Jacques H., 1971. "Discount rates for public investment in closed and open economies," CORE Discussion Papers RP 98, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Dreze, Jacques H, 1974.
"Discount Rates and Public Investment: A Post-Scriptum,"
Economica,
London School of Economics and Political Science, vol. 41(161), pages 52-61, February.
- DREZE, Jacques H., 1974. "Discount rates and public investment: A post-scriptum," CORE Discussion Papers RP 164, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Sjaastad, Larry A & Wisecarver, Daniel L, 1977. "The Social Cost of Public Finance," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 513-547, June.
- Martin Feldstein & Lawrence Summers, 1983.
"Inflation and the Taxation of Capital Income in the Corporate Sector,"
NBER Chapters, in: Inflation, Tax Rules, and Capital Formation, pages 116-152,
National Bureau of Economic Research, Inc.
- Martin Feldstein & Lawrence H. Summers, 1979. "Inflation and the Taxation of Capital Income in the Corporate Sector," NBER Working Papers 0312, National Bureau of Economic Research, Inc.
- Kenneth J. Arrow & Robert C. Lind, 1974.
"Uncertainty and the Evaluation of Public Investment Decisions,"
Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 3, pages 54-75,
Palgrave Macmillan.
- Arrow, Kenneth J & Lind, Robert C, 1970. "Uncertainty and the Evaluation of Public Investment Decisions," American Economic Review, American Economic Association, vol. 60(3), pages 364-378, June.
- M. T. Sumner, 1980. "Benefit-Cost Analysis in Canadian Practice," Canadian Public Policy, University of Toronto Press, vol. 6(2), pages 389-393, Spring.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Anonymous, 1981. "Introduction [The Social Discount Rate for Canada: A Further Analysis]," Canadian Public Policy, University of Toronto Press, vol. 7(3), pages 378-380, Summer.
- Claude Montmarquette & Iain Scott, 2007. "Taux d'actualisation pour l'évaluation des investissements publics au Québec," CIRANO Project Reports 2007rp-02, CIRANO.
- M. T. Sumner, 1980. "Comments on the Public-Sector Discount Rate: Response to Jenkins [Benefit-Cost Analysis in Canadian Practice]," Canadian Public Policy, University of Toronto Press, vol. 6(4), pages 648-650, Autumn.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Liqun Liu & Andrew J. Rettenmaier & Thomas R. Saving, 2004. "A Generalized Approach to Multigeneration Project Evaluation," Southern Economic Journal, John Wiley & Sons, vol. 71(2), pages 377-396, October.
- Asplund, Disa, 2022. "The welfare-maximizing discount rate in a small open economy," Working Papers 2022:2, Swedish National Road & Transport Research Institute (VTI).
- David Burgess, 2008. "Removing Some Dissonance From the Social Discount Rate Debate," University of Western Ontario, Economic Policy Research Institute Working Papers 20082, University of Western Ontario, Economic Policy Research Institute.
- Li, Qingran & Pizer, William A., 2021. "Use of the consumption discount rate for public policy over the distant future," Journal of Environmental Economics and Management, Elsevier, vol. 107(C).
- Burgess, David F., 2013. "Reconciling alternative views about the appropriate social discount rate," Journal of Public Economics, Elsevier, vol. 97(C), pages 9-17.
- Jack Hirshleifer, 1989. "Investment Decision Criteria - Public Decisions," UCLA Economics Working Papers 571, UCLA Department of Economics.
- Paul A. Grout, 2003.
"Public and Private Sector Discount Rates in Public-Private Partnerships,"
Economic Journal, Royal Economic Society, vol. 113(486), pages 62-68, March.
- Paul Grout, 2002. "Public and Private Sector Discount Rates in Public-Private Partnerships," The Centre for Market and Public Organisation 02/059, The Centre for Market and Public Organisation, University of Bristol, UK.
- Marian MOSZORO, 2014.
"Efficient Public-Private Capital Structures,"
Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(1), pages 103-126, March.
- Moszoro, Marian, 2014. "Efficient Public-Private Capital Structures," MPRA Paper 102713, University Library of Munich, Germany.
- Claude Montmarquette & Iain Scott, 2007. "Taux d'actualisation pour l'évaluation des investissements publics au Québec," CIRANO Project Reports 2007rp-02, CIRANO.
- Rennert, Kevin & Prest, Brian C. & Pizer, William & Newell, Richard G. & Anthoff, David & Kingdon, Cora & Rennels, Lisa & Cooke, Roger & Raftery, Adrian E. & Ševčíková, Hana & Errickson, Frank, 2021. "The Social Cost of Carbon: Advances in Long-Term Probabilistic Projections of Population, GDP, Emissions, and Discount Rates," RFF Working Paper Series 21-28, Resources for the Future.
- Mareike Schad & Jürgen John, 2012. "Towards a social discount rate for the economic evaluation of health technologies in Germany: an exploratory analysis," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 13(2), pages 127-144, April.
- Tamai, Toshiki, 2023. "The rate of discount on public investments with future bias in an altruistic overlapping generations model," European Journal of Political Economy, Elsevier, vol. 79(C).
- Chun‐Yan Kuo & Glenn P. Jenkins & M. Benjamin Mphahlele, 2003.
"The Economic Opportunity Cost Of Capital In South Africa,"
South African Journal of Economics, Economic Society of South Africa, vol. 71(3), pages 523-543, September.
- Chun-Yan Kuo & Glenn P. Jenkins & M Benjamin Mphahlele, 2003. "The Economic Opportunity Cost of Capital in South Africa," Development Discussion Papers 2003-05, JDI Executive Programs.
- Price, Colin, 2010. "Low discount rates and insignificant environmental values," Ecological Economics, Elsevier, vol. 69(10), pages 1895-1903, August.
- Glenn Jenkins & Chun-Yan Kuo, 2007.
"The Economic Opportunity Cost of Capital for Canada - An Empirical Update,"
Development Discussion Papers
2007-04, JDI Executive Programs.
- Chun-Yan Kuo & Glenn Jenkins, 2007. "The Economic Opportunity Cost Of Capital For Canada - An Empirical Update," Working Paper 1133, Economics Department, Queen's University.
- Liqun Liu, 2005. "The Multi-Period Cost-Benefit Rule with Mobile Capital and Distorted Labor," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 12(2), pages 145-158, March.
- Paul Grout & Silvia Sonderegger, 2006. "Simple money-based tests for choosing between private and public delivery: a discussion of the issues," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 29(1), pages 93-126, September.
- Edwards, Sebastian, 1986.
"Country risk, foreign borrowing, and the social discount rate in an open developing economy,"
Journal of International Money and Finance, Elsevier, vol. 5(1, Supple), pages 79-96, March.
- Sebastian Edwards, 1985. "Country Risk, Foreign Borrowing and the Social Discount Rate in an Open Developing Economy," NBER Working Papers 1651, National Bureau of Economic Research, Inc.
- Marian W. Moszoro, 2021. "The Public‐Sector Cost of Capital: An Empirical Test of Peltzman’s Conjecture," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 83(5), pages 1273-1285, October.
- David Burgess, 2006. "Public Investment Criteria in Overlapping Generations Models of Open Economies," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 13(1), pages 59-78, January.
More about this item
Keywords
Discount rates; economic appraisal; expenditure; public sector;All these keywords.
JEL classification:
- H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:qed:dpaper:5504. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mark Babcock (email available below). General contact details of provider: https://edirc.repec.org/data/qedquca.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.