Optimal Discount Rates for Government Projects

<table class="table-group" id="tab2"><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">0</td><td align="center"><span style="width: 11.325px;"><svg height="10.55" id="M77" style="vertical-align:-0.0pt" version="1.1" viewbox="0 0 11.325 10.55" width="11.325" xmlns="http://www.w3.org/2000/svg">
<g transform="matrix(1.25,0,0,-1.25,0,10.55)">
<g transform="translate(72,-63.56)">
<text transform="matrix(1,0,0,-1,-71.95,63.61)">
<tspan style="font-size: 12.50px; " x="0" y="0">𝐴</tspan>
</text>
</g>
</g>
</svg></span></td></tr><tr><td align="left">Period 1</td><td align="center"><span style="width: 120.6px;"><svg height="14.5875" id="M78" style="vertical-align:-3.24037pt" version="1.1" viewbox="0 0 120.6 14.5875" width="120.6" xmlns="http://www.w3.org/2000/svg">
<g transform="matrix(1.25,0,0,-1.25,0,14.5875)">
<g transform="translate(72,-60.33)">
<text transform="matrix(1,0,0,-1,-71.95,63.61)">
<tspan style="font-size: 12.50px; " x="0" y="0">𝜋</tspan>
</text>
<text transform="matrix(1,0,0,-1,-64.97,60.48)">
<tspan style="font-size: 8.75px; " x="0" y="0">𝐺</tspan>
</text>
<text transform="matrix(1,0,0,-1,-57.88,63.61)">
<tspan style="font-size: 12.50px; " x="0" y="0">𝑋</tspan>
</text>
<text transform="matrix(1,0,0,-1,-48,60.48)">
<tspan style="font-size: 8.75px; " x="0" y="0">𝐺</tspan>
<tspan style="font-size: 8.75px; " x="6.4239678" y="0">𝑖</tspan>
</text>
<text transform="matrix(1,0,0,-1,-38.35,63.61)">
<tspan style="font-size: 12.50px; " x="0" y="0">𝐴</tspan>
<tspan style="font-size: 12.50px; " x="11.727814" y="0">+</tspan>
<tspan style="font-size: 12.50px; " x="23.080538" y="0">𝜋</tspan>
</text>
<text transform="matrix(1,0,0,-1,-8.29,60.48)">
<tspan style="font-size: 8.75px; " x="0" y="0">𝐵</tspan>
</text>
<text transform="matrix(1,0,0,-1,-1.35,63.61)">
<tspan style="font-size: 12.50px; " x="0" y="0">𝑋</tspan>
</text>
<text transform="matrix(1,0,0,-1,8.53,60.48)">
<tspan style="font-size: 8.75px; " x="0" y="0">𝐵</tspan>
</text>
<text transform="matrix(1,0,0,-1,15.47,63.61)">
<tspan style="font-size: 12.50px; " x="0" y="0">𝐴</tspan>
</text>
</g>
</g>
</svg></span></td><td align="center">0</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

International Scholarly Research Notices

tab2

Table 2

Table 2: Optimal Discount Rates for Government Projects 