Kossova
T.V., Sheluntsova M.A. A Social Discount Rate for Russia:
Methodology,
Appraisal, Regional Differences. // Economics of
contemporary
Russia 2012. ¹2
(57) Ñ.8-16.
The
paper explains the necessity of social discount rate use in the process
of
public sector investment projects appraisal. Methods for social
discount rate
evaluation that have been developed by the present moment are
considered. A
methodology and relevant calculations of social rate of time
preferences for
Russia are presented. It is substantiated that social discount rate
should be
evaluated not only for the country as a whole but also for particular
regions.
The results of calculations for all Russian regions are described, and
regional
differences are explained.
Key
words: evaluation of government investments performance,
investment projects of
the public sector, social discount rate, social rate of time
preferences,
regional differences.
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