Discount Rates for Economic Appraisal of Public Sector Expenditures
Bibliographic Data
| ID | 11970132 |
|---|---|
| Authors | Glenn P Jenkins (0000-0003-4416-0164, Queen's University, corresponding author) |
| Year | 1980 |
| Volume | 6 |
| Issue | 3 |
| Pages | 549-549 |
| Publication date | 1980-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Canadian Public Policy (JOURNAL) |
| Journal identifiers | ISSN: 0317-0861 • E-ISSN: 1911-9917 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/3550106 |
| OpenAlex | W1989591995 |
| Language | EN |
| Citations received | 2 |
| References cited | 2 |
The question of what is the appropriate discount rate to employ in public sector investment appraisal has been the subject of a theoretical debate in the economics literature for over a decade.In recent years, however, most of the points of disagreement in the theory have become better understood and hence a large degree of reconciliation has taken place.Central to this controversy was whether the appropriate parameter to use as the social discount rate should be the social value of the marginal product of investment in the private sector, the social rate of time preference or the social opportunity cost of capital.This paper presents the different arguments on the Discount Rates for Economic Appraisal of Public Sector Expenditures
Business · Economic appraisal · Economics · Economy · Public economics · Public sector · Fiscal Policy and Economic Growth
| Unique citing works | 2 |
|---|---|
| Citations per year | 0.04 |
| Citation span | 1980 - 2022 (43) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |