원문정보
Appropriate Social Discount Rates for the Feasibility Study on the Local Government Investment Projects
초록
영어
When the present values of the long-term costs and benefits are calculated for the central or local government investment projects, the social discount rate(SDR) plays an important role. This study examines whether the current SDR for the central government projects can be applied to the cost benefit analysis of the local government investment projects. As a result of the study, the SDR for the local government investment projects are differently derived according to the project types and it is not necessary to lower the rate below 4.5% that is currently applied to the central government projects. However, validity of this level for the local government investment projects should be carefully examined in terms of the budget constraint and the policy rationales.
목차
1. 서론
2. 사회적 할인율에 대한 이론적 고찰
2.1. 사회적 할인율의 개념
2.2. 사회적 할인율 추정 방법
2.3. 사회적 할인율 추정에 관한 국내 연구
2.4. 사회적 할인율의 해외 사례
2.5. 사회적 할인율 추정방법의 비교 및 분석
3. 지방재정투자사업과 사회적 할인율
4. 지방재정투자사업의 적정 사회적 할인율 추정
4.1. 연구방법론
4.2. 실증분석
4.3. 추정결과
5. 결론 및 시사점
참고문헌