题名: |
Nyttekostnadsanalys i Samferdselssektoren: Riskotillegget I Kalkulasjonsrenta (Discount Rate in Norwegian Transport Projects A Commendation) |
作者: |
Minken, H. |
关键词: |
Benefit cost analyses##Norway##Discount rates##Rules##Transportation projects##Recommendations##Ministry of Finance##Risk free rates##Uncertain non-tradable assets##Risk premiums## |
摘要: |
Rules regarding the discount rate in Norwegian cost benefit analyses are set by the Ministry of Finance. The discount rate consists of a risk free rate and a risk premium, the level of which depends on the project's systematic risk. The Ministry of Transport and Communications has asked T01 to draw up a report on the application of these rules in the transport sector and to make recommendations. Our recommendations are based on a criterion for investing in uncertain non-tradable assets. We recommend to use a discount rate of 4.5 % per annum for all transport projects except projects concerning seaborne freight and air, where 5 % is the recommended rate. |
总页数: |
48 |
报告类型: |
科技报告 |