The social discount rate and the cost of public funds: a search for more consistency and better practice

Michael Spackman

Journal of Environmental Economics and Policy, 2024, vol. 13, issue 2, 228-242

Abstract: Three, mutually inconsistent approaches to social discounting and the cost of public funds have persisted for fifty years. All have distinguished academic support. All present problems of concept and/or application. This leads to a global loss of cost effectiveness in public spending and regulation. This essay reviews the issues and offers a practitioner’s view on what limited but realistic potential there may be for more consistency and better practice.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/21606544.2023.2236062 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:teepxx:v:13:y:2024:i:2:p:228-242

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/teep20

DOI: 10.1080/21606544.2023.2236062

Access Statistics for this article

Journal of Environmental Economics and Policy is currently edited by Ken Willis

More articles in Journal of Environmental Economics and Policy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().