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
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.
Contents
Data mining of transactional data for sales of dairy products
Research on the evolution of controlling tasks and their delimitation from audit tasks
Franchise’s place within sustainable development matrix: an Institutional Economics approach
Sensory experience – between the tourist and the marketer
Covering the social costs of market failure – the unsub of the value added
Determinants of capital structure: comparison of empirical evidence for the use of different estimators
How can Africa attract different forms of capital flow: theoretical perspectives
Legal and Practical Aspects of the Associations between the City of Bucharest and the Large Territorial Collectivities – Actuality and Perspective
Psychological biases and the capital structure decisions: a literature review
The Role of “After School” Units in Romania’s Rural Areas
Is Cash Conversion Cycles Optimum in Turkish Listed Food-Beverage Firms?
Comparative analysis of the financial discount rate and of the net present value of a public investment project throughout its life