Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261500 
Year of Publication: 
2018
Citation: 
[Journal:] Journal of Economic Structures [ISSN:] 2193-2409 [Volume:] 7 [Issue:] 29 [Publisher:] Springer [Place:] Heidelberg [Year:] 2018 [Pages:] 1-10
Publisher: 
Springer, Heidelberg
Abstract: 
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%.
Subjects: 
Social discount rate
Social time preference rate
Project appraisal
ARDL
Iran
JEL: 
C32
H43
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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