Arbeitspapier
The Economic Opportunity Cost of Capital for Canada - An Empirical Update
The social or economic discount rate is the threshold rate used to calculate the net present value of an investment project, a program, or a regulatory intervention to see whether the proposed expenditures are economically worthwhile to undertake. The size of the economic rate of discount has been a policy issue in Canada for many years. The debate has been primarily concerned with the empirical measurement of the economic opportunity cost of funds. The purpose of this paper is to reexamine and update the empirical estimation of what is the appropriate economic discount rate for Canada. The results suggest that estimates of the economic discount rate can range from 7.78 percent to 8.39 percent real. As a consequence, we conclude that for Canada an 8 percent real rate is an appropriate discount rate to use when calculating the economic net present value of the flows of economic benefits and costs over time.
- Sprache
-
Englisch
- Erschienen in
-
Series: Queen's Economics Department Working Paper ; No. 1133
- Klassifikation
-
Wirtschaft
Project Evaluation; Social Discount Rate
- Thema
-
discount rates
opportunity cost
project evaluation
Investitionsrechnung
Diskontierung
Soziale Diskontrate
Opportunitätskosten
Kanada
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Jenkins, Glenn
Kuo, Chun-Yan
- Ereignis
-
Veröffentlichung
- (wer)
-
Queen's University, Department of Economics
- (wo)
-
Kingston (Ontario)
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Jenkins, Glenn
- Kuo, Chun-Yan
- Queen's University, Department of Economics
Entstanden
- 2007
Ähnliche Objekte (12)
New Venture Opportunity Cost of Capital and Financial Contracting
The Social Opportunity Cost of Consumption for Canada, 1965 to 1986
Promises and Opportunity Cost
Promises and opportunity cost
The marginal (opportunity) cost of public funds
Opportunity cost, inattention and the bidder's curse
On the opportunity cost of nontradable stock options
Risky Decisions and the Opportunity Cost of Time
Capital Markets Union and the fintech opportunity
Opportunity Cost and the Incidence of a Draft Lottery
Balancing market design and opportunity cost - the Swiss case
Cooperative vehicle routing problem: An opportunity for cost saving
New Venture Opportunity Cost of Capital and Financial Contracting
The Social Opportunity Cost of Consumption for Canada, 1965 to 1986
Promises and Opportunity Cost
Promises and opportunity cost
The marginal (opportunity) cost of public funds
Opportunity cost, inattention and the bidder's curse
On the opportunity cost of nontradable stock options
Risky Decisions and the Opportunity Cost of Time
Capital Markets Union and the fintech opportunity
Opportunity Cost and the Incidence of a Draft Lottery
Balancing market design and opportunity cost - the Swiss case
Cooperative vehicle routing problem: An opportunity for cost saving
New Venture Opportunity Cost of Capital and Financial Contracting
The Social Opportunity Cost of Consumption for Canada, 1965 to 1986
Promises and Opportunity Cost
Promises and opportunity cost
The marginal (opportunity) cost of public funds
Opportunity cost, inattention and the bidder's curse
On the opportunity cost of nontradable stock options
Risky Decisions and the Opportunity Cost of Time
Capital Markets Union and the fintech opportunity
Opportunity Cost and the Incidence of a Draft Lottery
Balancing market design and opportunity cost - the Swiss case