Conceptual Framework for Measurement and Application of Public Sector Opportunity Cost of Capital

作者: Kaia Kask

DOI: 10.7763/IJTEF.2014.V5.351

关键词: Conceptual frameworkMicroeconomicsInvestment (macroeconomics)EconomicsInvestment opportunitiesPublic sectorOpportunity cost of capitalPublic economics

摘要: In this paper, a conceptual framework for the measurement and application of opportunity cost capital public sector budgetary purposes is elaborated. The paper fills gap to offer structured overview discount rate classifications discussed in literature, also how these rates are measured finally applied various long-term investment opportunities faced by sector. final result should give answer question, whether there be used different projects or maybe one only universal applicable all cases?

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