- Volume 14 Number 4 (Nov. 2023)
- Volume 14 Number 3 (Aug. 2023)
- Volume 14 Number 2 (May 2023)
- Volume 14 Number 1 (Feb. 2023)
- Volume 13 Number 6 (Dec. 2022)
- Volume 13 Number 5 (Oct. 2022)
- Volume 13 Number 4 (Aug. 2022)
- Volume 13 Number 3 (Jun. 2022)
- Volume 13 Number 2 (Apr. 2022)
- Volume 13 Number 1 (Feb. 2022)
- Volume 12 Number 6 (Dec. 2021)
- Volume 12 Number 5 (Oct. 2021)
- Volume 12 Number 4 (Aug. 2021)
- Volume 12 Number 3 (Jun. 2021)
- Volume 12 Number 2 (Apr. 2021)
- Volume 12 Number 1 (Feb. 2021)
- Volume 11 Number 6 (Dec. 2020)
- Volume 11 Number 5 (Oct. 2020)
- Volume 11 Number 4 (Aug. 2020)
- Volume 11 Number 3 (Jun. 2020)
- Volume 11 Number 2 (Apr. 2020)
- Volume 11 Number 1 (Feb. 2020)
- Volume 10 Number 6 (Dec. 2019)
- Volume 10 Number 5 (Oct. 2019)
- Volume 10 Number 4 (Aug. 2019)
- Volume 10 Number 3 (Jun. 2019)
- Volume 10 Number 2 (Apr. 2019)
- Volume 10 Number 1 (Feb. 2019)
- Volume 9 Number 6 (Dec. 2018)
- Volume 9 Number 5 (Oct. 2018)
- Volume 9 Number 4 (Aug. 2018)
- Volume 9 Number 3 (Jun. 2018)
- Volume 9 Number 2 (Apri. 2018)
- Volume 9 Number 1 (Feb. 2018)
- Volume 8 Number 6 (Dec. 2017)
- Volume 8 Number 5 (Oct. 2017)
- Volume 8 Number 4 (Aug. 2017)
- Volume 8 Number 3 (Jun. 2017)
- Volume 8 Number 2 (Apri. 2017)
- Volume 8 Number 1 (Feb. 2017)
- Volume 7 Number 6 (Dec. 2016)
- Volume 7 Number 5 (Oct. 2016)
- Volume 7 Number 4 (Aug. 2016)
- Volume 7 Number 3 (Jun. 2016)
- Volume 7 Number 2 (Apr. 2016)
- Volume 7 Number 1 (Feb. 2016)
- Volume 6 Number 6 (Dec. 2015)
- Volume 6 Number 5 (Oct. 2015)
- Volume 6 Number 4 (Aug. 2015)
- Volume 6 Number 3 (Jun. 2015)
- Volume 6 Number 2 (Apr. 2015)
- Volume 6 Number 1 (Feb. 2015)
- Volume 5 Number 6 (Dec. 2014)
- Volume 5 Number 5 (Oct. 2014)
- Volume 5 Number 4 (Aug. 2014)
- Volume 5 Number 3 (Jun. 2014)
- Volume 5 Number 2 (April 2014)
- Volume 5 Number 1 (Feb. 2014)
- Volume 4 Number 6 (Dec. 2013)
- Volume 4 Number 5 (Oct. 2013)
- Volume 4 Number 4 (Aug. 2013)
- Volume 4 Number 3 (Jun. 2013)
- Volume 4 Number 2 (Apr. 2013)
- Volume 4 Number 1 (Feb. 2013)
- Volume 3 Number 6 (Dec. 2012)
- Volume 3 Number 5 (Oct. 2012)
- Volume 3 Number 4 (Aug. 2012)
- Volume 3 Number 3 (Jun. 2012)
- Volume 3 Number 2 (Apr. 2012)
- Volume 3 Number 1 (Feb. 2012)
- Volume 2 Number 6 (Dec. 2011)
- Volume 2 Number 5 (Oct. 2011)
- Volume 2 Number 4 (Aug. 2011)
- Volume 2 Number 3 (Jun. 2011)
- Volume 2 Number 2 (Apr. 2011)
- Volume 2 Number 1 (Feb. 2011)
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
- ISSN: 2010-023X (Print)
- Abbreviated Title: Int. J. Trade, Economics and Financ.
- Frequency: Quaterly
- DOI: 10.18178/IJTEF
- Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
- Managing Editor: Ms. Shira. W. Lu
- Abstracting/ Indexing: Crossref, Electronic Journals Library , EBSCO
- E-mail: ijtef.editorial.office@gmail.com
IJTEF 2014 Vol.5(1): 114-117 ISSN: 2010-023X
DOI: 10.7763/IJTEF.2014.V5.351
DOI: 10.7763/IJTEF.2014.V5.351
Conceptual Framework for Measurement and Application of Public Sector Opportunity Cost of Capital
Kaia Kask
Abstract—In this paper, a conceptual framework for the
measurement and application of opportunity cost of capital for
the public sector budgetary purposes is elaborated. The paper
fills the gap to offer a structured overview of discount rate
classifications discussed in literature, also how these discount
rates are measured and finally applied to various long-term
investment opportunities faced by the public sector. The final
result should give the answer to the question, whether there
should be used different discount rates to different public sector
investment projects or maybe there is the one and the only
universal discount rate applicable to all cases?
Index Terms—Public sector investment, opportunity cost of capital, social opportunity cost, social rate of time preference.
Kaia Kask is with the Faculty of Economics and Business Administration, the Institute of Finance, University of Tartu, Estonia (e-mail: kaia.kask@ut.ee).
Index Terms—Public sector investment, opportunity cost of capital, social opportunity cost, social rate of time preference.
Kaia Kask is with the Faculty of Economics and Business Administration, the Institute of Finance, University of Tartu, Estonia (e-mail: kaia.kask@ut.ee).
Cite:Kaia Kask, "Conceptual Framework for Measurement and Application of Public Sector Opportunity Cost of Capital," International Journal of Trade, Economics and Finance vol.5, no.1, pp. 114-117, 2014.