Intergerational equity and discount rate in long term environmental impacts

Detalhes bibliográficos
Autor(a) principal: Ferreira, Ilana Dalva
Data de Publicação: 2017
Outros Autores: Imbroisi, Denise
Tipo de documento: Artigo
Idioma: por
Título da fonte: Nova Economia (Online)
Texto Completo: https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/2870
Resumo: This paper evaluates the concept of intergenerational equity in the environmental evaluation of projects with long term impacts in relation to the determination of the discount rate. The concepts of intergenerational equity in the Economy and the ways found to include this aspect in the definition of the discount rate used in the economic measurement of the environmental costs with long term impacts are analyzed. The proposals presented by Padilla (2002) and the application of the Ramsey Formula with equivalent safety are adopted in the analysis. The analyzes conducted showed that there is a significant difference in the adoption of the discount rate, which is said to be sustainable compared to the market rate in the Brazilian case. Some suggestions in terms of decision making are presented at the end.
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spelling Intergerational equity and discount rate in long term environmental impactsA equidade intergeracional e a taxa de desconto em impactos ambientais de longo prazo This paper evaluates the concept of intergenerational equity in the environmental evaluation of projects with long term impacts in relation to the determination of the discount rate. The concepts of intergenerational equity in the Economy and the ways found to include this aspect in the definition of the discount rate used in the economic measurement of the environmental costs with long term impacts are analyzed. The proposals presented by Padilla (2002) and the application of the Ramsey Formula with equivalent safety are adopted in the analysis. The analyzes conducted showed that there is a significant difference in the adoption of the discount rate, which is said to be sustainable compared to the market rate in the Brazilian case. Some suggestions in terms of decision making are presented at the end. Este trabalho avalia o conceito de equidade intergeracional na avaliação ambiental de projetos com impactos no longo prazo no que tange à determinação da taxa de desconto. São analisados os conceitos de equidade intergeracional na Economia e as formas encontradas para incluir esse aspecto na definição da taxa de desconto utilizada na mensuração econômica dos custos ambientais com impactos no longo prazo. As propostas apresentadas por Padilla (2002) e a aplicação da Fórmula de Ramsey com segurança equivalente são adotadas na análise. As análises conduzidas apontaram que há uma diferença significativa na adoção da taxa de desconto dita sustentável em comparação com a de mercado no caso brasileiro. Algumas sugestões em termos de tomada de decisão são apresentadas no final. Departamento de Ciências Econômicas da UFMG2017-05-02info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/2870Nova Economia; Vol. 28 No. 3 (2018)Nova Economia; v. 28 n. 3 (2018)1980-53810103-6351reponame:Nova Economia (Online)instname:Universidade Federal de Minas Gerais (UFMG)instacron:UFMGporhttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/2870/2819Ferreira, Ilana DalvaImbroisi, Deniseinfo:eu-repo/semantics/openAccess2020-10-04T22:24:23Zoai:ojs.pkp.sfu.ca:article/2870Revistahttps://revistas.face.ufmg.br/index.php/novaeconomiaPUBhttps://revistas.face.ufmg.br/index.php/novaeconomia/oai||ne@face.ufmg.br1980-53810103-6351opendoar:2020-10-04T22:24:23Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG)false
dc.title.none.fl_str_mv Intergerational equity and discount rate in long term environmental impacts
A equidade intergeracional e a taxa de desconto em impactos ambientais de longo prazo
title Intergerational equity and discount rate in long term environmental impacts
spellingShingle Intergerational equity and discount rate in long term environmental impacts
Ferreira, Ilana Dalva
title_short Intergerational equity and discount rate in long term environmental impacts
title_full Intergerational equity and discount rate in long term environmental impacts
title_fullStr Intergerational equity and discount rate in long term environmental impacts
title_full_unstemmed Intergerational equity and discount rate in long term environmental impacts
title_sort Intergerational equity and discount rate in long term environmental impacts
author Ferreira, Ilana Dalva
author_facet Ferreira, Ilana Dalva
Imbroisi, Denise
author_role author
author2 Imbroisi, Denise
author2_role author
dc.contributor.author.fl_str_mv Ferreira, Ilana Dalva
Imbroisi, Denise
description This paper evaluates the concept of intergenerational equity in the environmental evaluation of projects with long term impacts in relation to the determination of the discount rate. The concepts of intergenerational equity in the Economy and the ways found to include this aspect in the definition of the discount rate used in the economic measurement of the environmental costs with long term impacts are analyzed. The proposals presented by Padilla (2002) and the application of the Ramsey Formula with equivalent safety are adopted in the analysis. The analyzes conducted showed that there is a significant difference in the adoption of the discount rate, which is said to be sustainable compared to the market rate in the Brazilian case. Some suggestions in terms of decision making are presented at the end.
publishDate 2017
dc.date.none.fl_str_mv 2017-05-02
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/2870
url https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/2870
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/2870/2819
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Departamento de Ciências Econômicas da UFMG
publisher.none.fl_str_mv Departamento de Ciências Econômicas da UFMG
dc.source.none.fl_str_mv Nova Economia; Vol. 28 No. 3 (2018)
Nova Economia; v. 28 n. 3 (2018)
1980-5381
0103-6351
reponame:Nova Economia (Online)
instname:Universidade Federal de Minas Gerais (UFMG)
instacron:UFMG
instname_str Universidade Federal de Minas Gerais (UFMG)
instacron_str UFMG
institution UFMG
reponame_str Nova Economia (Online)
collection Nova Economia (Online)
repository.name.fl_str_mv Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG)
repository.mail.fl_str_mv ||ne@face.ufmg.br
_version_ 1799711059249987584

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