Ideal Social Discount Rate for Public Sector Projects in India (Record no. 133689)

MARC details
000 -LEADER
fixed length control field 01685nam a2200229Ia 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240826s9999||||xx |||||||||||||| ||und||
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Kumar, Ajitesh
9 (RLIN) 120326
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Pattanaik, Sitikantha
9 (RLIN) 120327
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name 2024
9 (RLIN) 120328
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Dholakia, Ravindra H
9 (RLIN) 46060
245 #0 - TITLE STATEMENT
Title Ideal Social Discount Rate for Public Sector Projects in India
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Economic and Political Weekly
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 43-50
520 ## - SUMMARY, ETC.
Abstract Public sector projects are generally funded by either tax resources or borrowings. It is important, therefore, to undertake a periodic reassessment of the ideal social discount rate (SDR) by estimating the social time preference rate (STPR), representing the interest rate at which households may sacrifice current consumption to save, and the social opportunity cost (SOC) of deploying resources in a public project, in terms of the rate of return that could be generated if the resources are deployed instead in the private sector. Following the standard methodologies employed in related literature, this paper estimates India's STPR at 4.5% (in real terms), SOC at 2.94%, and SDR at 3.72%. To avoid any potential risk of resource misallocation and to help generate the required domestic resources for sustained high growth, a minimum real SDR of 3.72% appears to be ideal for public sector projects.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Public Sector Projects
9 (RLIN) 120329
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Social Discount Rate
9 (RLIN) 77792
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Social Opportunity Cost
9 (RLIN) 120330
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Tax Resources or Borrowings
9 (RLIN) 120331
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economics
9 (RLIN) 2
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.epw.in/system/files/pdf/2024_59/28/rsalix28ravindra-h-dholakia13072024.pdf">https://www.epw.in/system/files/pdf/2024_59/28/rsalix28ravindra-h-dholakia13072024.pdf</a>
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha biblionumber 133689
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Serial Enumeration / chronology Total Checkouts Barcode Date last seen Price effective from Koha item type
        Dr VKRV Rao Library Dr VKRV Rao Library 27/08/2024 Vol. 59, No. 28   AI340 27/08/2024 27/08/2024 Article Index