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Article

Социальная ставка дисконтирования в России: методология, оценка, межрегиональные различия

In this paper the authors explain the necessity of social discount rate for appraisal for the public sector investment projects. Methods for social discount rate evaluation that have been developed by the present moment are considered. A methodology and relevant calculations of social rate of time preferences for Russia are presented. It is substantiated that social discount rate should be evaluated not only for the country as a whole but also for the particular regions. The results of calculations for all the Russian regions are described, and regional differences explained.