ECTAP
 
HomeDespre ECTAEventsPolitica editorialaTrimite un articolParteneri / link-uri utileArchiveAbonamentContact
 

ISSN 1841-8678   (print)
ISSN 1844-0029   (online)

News

Archive ECTAP

Note: for the period 1994-2003 the archive of the magazine will not be available online

Supplements ECTAP

If you cannot open the pdf file you need Adobe Reader.
download Adobe Reader

Creative Commons License

Theoretical and Applied Economics
No. 12 / 2014 (601)

Comparative analysis of the financial discount rate and of the net present value of a public investment project throughout its life

Bogdan Ioan COJOCEA
Bucharest University of Economic Studies, Romania

Abstract. This paper sets out to identify the correlation between the variations in spending and revenue as the investment progresses through time and the evolution of the financial discount rate and of the net present value; it also seeks a method for computing the probability of reaching a certain value. The project’s performance indicators are established at the “0” moment, when costs and revenues are estimated for the entire life of the project. It would be useful for any investor, even if they are local administrations, to follow the actual evolution of their investments as they develop through time. The positive or negative deviations from the performance indicators can determine the investor to adopt tailored decisions for each particular case in order to maintain a minimum set-performance for the project.

Keywords: discount rate, sensitivity analysis, net present value.

Download the full article:  

Contents

Open acces

ECTAP

Search

BOOKS

The Economicity. The Epistemic Landscape, Marin Dinu, 2016

Partners


ISSN 1841-8678 (ediția print) / ISSN 1844-0029 (ediția online)
© Copyright Asociația Generală a Economiștilor din România (AGER) / General Association of Economists From Romania  (GAER)
Redacția: 010702, București, Calea Griviței nr. 21, sector 1, E-mail: economia.ta@edeconomica.com

© 2006-2019 AGER