Should governments use a declining discount rate in project analysis?
Publication
, Journal Article
Arrow, KJ; Cropper, ML; Gollier, C; Groom, B; Heal, GM; Newell, RG; Nordhaus, WD; Pindyck, RS; Pizer, WA; Portney, PR; Sterner, T; Tol, RSJ ...
Published in: Review of Environmental Economics and Policy
January 1, 2014
At a workshop held at Resources for the Future in September 2011, twelve of the authors were asked by the US Environmental Protection Agency (EPA) to provide advice on the principles to be used in discounting the benefits and costs of projects that affect future generations. Maureen L. Cropper chaired the workshop. Much of the discussion in this article is based on the authors' recommendations and advice presented at the workshop. © The Author 2014.
Duke Scholars
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Published In
Review of Environmental Economics and Policy
DOI
EISSN
1750-6824
ISSN
1750-6816
Publication Date
January 1, 2014
Volume
8
Issue
2
Start / End Page
145 / 163
Related Subject Headings
- Agricultural Economics & Policy
- 3801 Applied economics
- 3502 Banking, finance and investment
- 1402 Applied Economics
- 0502 Environmental Science and Management
Citation
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Arrow, K. J., Cropper, M. L., Gollier, C., Groom, B., Heal, G. M., Newell, R. G., … Weitzman, M. L. (2014). Should governments use a declining discount rate in project analysis? Review of Environmental Economics and Policy, 8(2), 145–163. https://doi.org/10.1093/reep/reu008
Arrow, K. J., M. L. Cropper, C. Gollier, B. Groom, G. M. Heal, R. G. Newell, W. D. Nordhaus, et al. “Should governments use a declining discount rate in project analysis?” Review of Environmental Economics and Policy 8, no. 2 (January 1, 2014): 145–63. https://doi.org/10.1093/reep/reu008.
Arrow KJ, Cropper ML, Gollier C, Groom B, Heal GM, Newell RG, et al. Should governments use a declining discount rate in project analysis? Review of Environmental Economics and Policy. 2014 Jan 1;8(2):145–63.
Arrow, K. J., et al. “Should governments use a declining discount rate in project analysis?” Review of Environmental Economics and Policy, vol. 8, no. 2, Jan. 2014, pp. 145–63. Scopus, doi:10.1093/reep/reu008.
Arrow KJ, Cropper ML, Gollier C, Groom B, Heal GM, Newell RG, Nordhaus WD, Pindyck RS, Pizer WA, Portney PR, Sterner T, Tol RSJ, Weitzman ML. Should governments use a declining discount rate in project analysis? Review of Environmental Economics and Policy. 2014 Jan 1;8(2):145–163.
Published In
Review of Environmental Economics and Policy
DOI
EISSN
1750-6824
ISSN
1750-6816
Publication Date
January 1, 2014
Volume
8
Issue
2
Start / End Page
145 / 163
Related Subject Headings
- Agricultural Economics & Policy
- 3801 Applied economics
- 3502 Banking, finance and investment
- 1402 Applied Economics
- 0502 Environmental Science and Management