Optimal Discount Rates for Government Projects

<table class="table-group" id="tab4"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td align="left"></td><td align="center">Inflow</td><td align="center">Outflow</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td align="left">Period 0</td><td align="center"><span style="width: 11.6125px;"><svg height="10.325" id="M112" style="vertical-align:-0.0pt" version="1.1" viewbox="0 0 11.6125 10.325" width="11.6125" xmlns="http://www.w3.org/2000/svg">
<g transform="matrix(1.25,0,0,-1.25,0,10.325)">
<g transform="translate(72,-63.74)">
<text transform="matrix(1,0,0,-1,-71.95,63.79)">
<tspan style="font-size: 12.50px; " x="0" y="0">𝑌</tspan>
</text>
</g>
</g>
</svg></span></td><td align="center">0</td></tr><tr><td align="left">Period 1</td><td align="center">0</td><td align="center"><span style="width: 152.2625px;"><svg height="14.6" id="M113" style="vertical-align:-3.13504pt" version="1.1" viewbox="0 0 152.2625 14.6" width="152.2625" xmlns="http://www.w3.org/2000/svg">
<g transform="matrix(1.25,0,0,-1.25,0,14.6)">
<g transform="translate(72,-60.32)">
<text transform="matrix(1,0,0,-1,-71.95,63.5)">
<tspan style="font-size: 12.50px; " x="0" y="0">𝜋</tspan>
</text>
<text transform="matrix(1,0,0,-1,-64.97,60.37)">
<tspan style="font-size: 8.75px; " x="0" y="0">𝐵</tspan>
</text>
<text transform="matrix(1,0,0,-1,-58.03,63.5)">
<tspan style="font-size: 12.50px; " x="0" y="0">[</tspan>
<tspan style="font-size: 12.50px; " x="4.1634989" y="0">𝑅</tspan>
</text>
<text transform="matrix(1,0,0,-1,-44.62,60.37)">
<tspan style="font-size: 8.75px; " x="0" y="0">𝑁</tspan>
<tspan style="font-size: 8.75px; " x="7.4479518" y="0">4</tspan>
</text>
<text transform="matrix(1,0,0,-1,-32.3,63.5)">
<tspan style="font-size: 12.50px; " x="0" y="0">(</tspan>
<tspan style="font-size: 12.50px; " x="4.1634989" y="0">𝐿</tspan>
<tspan style="font-size: 12.50px; " x="15.791289" y="0">+</tspan>
<tspan style="font-size: 12.50px; " x="27.13151" y="0">𝑌</tspan>
<tspan style="font-size: 12.50px; " x="33.820614" y="0">)</tspan>
<tspan style="font-size: 12.50px; " x="40.772282" y="0">−</tspan>
<tspan style="font-size: 12.50px; " x="52.112503" y="0">𝑋</tspan>
</text>
<text transform="matrix(1,0,0,-1,29.69,60.37)">
<tspan style="font-size: 8.75px; " x="0" y="0">𝐵</tspan>
</text>
<text transform="matrix(1,0,0,-1,36.63,63.5)">
<tspan style="font-size: 12.50px; " x="0" y="0">𝐴</tspan>
<tspan style="font-size: 12.50px; " x="8.9646511" y="0">]</tspan>
</text>
</g>
</g>
</svg></span></td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

International Scholarly Research Notices

tab4

Table 4

Table 4: Optimal Discount Rates for Government Projects 