A time preference measure of the social discount rate for Iran
| Autor: | Mahnoush Abdollah-Milani, Esfandiar Jahangard, Arian Daneshmand |
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| Rok vydání: | 2018 |
| Předmět: |
Prioritization
Economics and Econometrics Economics Econometrics and Finance (miscellaneous) Iran lcsh:HD72-88 lcsh:Economic growth development planning 0502 economics and business ddc:330 Economics Social time preference rate Social discount rate 050207 economics C32 050205 econometrics Measure (data warehouse) Actuarial science lcsh:HB71-74 business.industry 05 social sciences Public sector lcsh:Economics as a science Preference ARDL Project appraisal Value (economics) H43 Time preference business |
| Zdroj: | Journal of Economic Structures, Vol 7, Iss 1, Pp 1-10 (2018) |
| ISSN: | 2193-2409 |
| DOI: | 10.1186/s40008-018-0127-x |
| Popis: | Public sector projects in Iran are inefficiently carried out for reasons of mismanagement and poor prioritization. This problem may arise from the lack of a generally accepted social discount rate for project appraisal. The value of the social discount rate can have implications for resource allocations. The aim of this paper is to estimate the appropriate value of a social discount rate for Iran using the social time preference rate approach. The overall result indicates that the social discount rate for Iran is 5.8%. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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