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| Author: | Grout, P. A. |
| Title: | Public and private sector discount rates in public-private partnerships |
| Journal: | Economic Journal
2003 : MAR, VOL. 113:486, p. C62-C68 |
| Index terms: | Public sector Private sector Discount rate Business-government relations |
| Language: | eng |
| Abstract: | The author assesses the appropriate private and public sector discount rates in the context of public private partnerships. He shows that there are powerful arguments for using a higher rate to discount private projects than public sector projects and that failure to regocnise this may lead to excessive reliance on public provision. |
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