Revisiting public investment : consumption equivalent public capital and the social discount rate
The consumption equivalence method is the theoretical basis of public cost-benefit analysis. <br>Consumption equivalence public capital prices are explicitly introduces in order to sufficiently care for the opportunity cost of public expenditure. This can solve the dispute about the social rat...
| Main Author: | |
|---|---|
| Format: | Others |
| Language: | English |
| Published: |
Universität Potsdam
2004
|
| Subjects: | |
| Online Access: | http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-9025 http://opus.kobv.de/ubp/volltexte/2006/902/ |