Are All Discount Rates Equal? A Note On Time Preferences Across Public And Private Benefits In Michigan'S Upper Peninsula
Author
Abstract
Suggested Citation
DOI: 10.1111/j.1467-9787.2010.00673.x
Download full text from publisher
References listed on IDEAS
- Sam Cordes & John Allen & Richard C. Bishop & Gary D. Lynne & Lindon J. Robison & Vernon D. Ryan & Ron Shaffer, 2003. "Social Capital, Attachment Value, and Rural Development: A Conceptual Framework and Application of Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(5), pages 1201-1207.
- Pender, John L., 1996. "Discount rates and credit markets: Theory and evidence from rural india," Journal of Development Economics, Elsevier, vol. 50(2), pages 257-296, August.
- Timothy J. Bartik, 2007.
"Solving the Problems of Economic Development Incentives,"
Book chapters authored by Upjohn Institute researchers, in: Ann Markusen (ed.), Reining in the Competition for Capital, chapter 5, pages 103-139,
W.E. Upjohn Institute for Employment Research.
- Timothy J. Bartik, 2005. "Solving the Problems of Economic Development Incentives," Growth and Change, Wiley Blackwell, vol. 36(2), pages 139-166, June.
- Timothy J. Bartik, "undated". "Solving the Problems of Economic Development Incentives," Upjohn Working Papers tjb2005gc, W.E. Upjohn Institute for Employment Research.
- Mark D. Partridge & Dan S. Rickman, 2008.
"Distance From Urban Agglomeration Economies And Rural Poverty,"
Journal of Regional Science, Wiley Blackwell, vol. 48(2), pages 285-310, May.
- Mark D. Partridge & Dan S. Rickman, 2007. "Distance from Urban Agglomeration Economies and Rural Poverty," Economics Working Paper Series 0705, Oklahoma State University, Department of Economics and Legal Studies in Business.
- Shane Frederick & George Loewenstein & Ted O'Donoghue, 2002. "Time Discounting and Time Preference: A Critical Review," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 351-401, June.
- Enrique López-Bazo & Rosina Moreno, 2007. "Regional Heterogeneity in the Private and Social Returns to Human Capital," Spatial Economic Analysis, Taylor & Francis Journals, vol. 2(1), pages 23-44.
- Andrew Caplin & John Leahy, 2004.
"The Social Discount Rate,"
Journal of Political Economy, University of Chicago Press, vol. 112(6), pages 1257-1268, December.
- Andrew Caplin & John Leahy, 2000. "The Social Discount Rate," NBER Working Papers 7983, National Bureau of Economic Research, Inc.
- Andrew Caplin & John V. Leahy, 2001. "The social discount rate," Discussion Paper / Institute for Empirical Macroeconomics 137, Federal Reserve Bank of Minneapolis.
- Esteban G. Dalehite & John L. Mikesell & C. Kurt Zorn, 2005. "Variation in Property Tax Abatement Programs Among States," Economic Development Quarterly, , vol. 19(2), pages 157-173, May.
- Nichola J. Lowe, 2007. "Job Creation and the Knowledge Economy: Lessons From North Carolina's Life Science Manufacturing Initiative," Economic Development Quarterly, , vol. 21(4), pages 339-353, November.
- Christian Gollier & Richard Zeckhauser, 2005. "Aggregation of Heterogeneous Time Preferences," Journal of Political Economy, University of Chicago Press, vol. 113(4), pages 878-896, August.
- Melvin Burstein & Arthur J. Rolnick, 1995. "Congress should end the economic war between the states," Annual Report, Federal Reserve Bank of Minneapolis, vol. 9(Mar), pages 2-20.
- Laura A. Reese & Gary Sands, 2008. "Creative Class and Economic Prosperity: Old Nostrums, Better Packaging?," Economic Development Quarterly, , vol. 22(1), pages 3-7, February.
- David J. Pannell & Steven G.M. Schilizzi (ed.), 2006. "Economics and the Future," Books, Edward Elgar Publishing, number 3349.
- Tim Strangleman, 2001. "Networks, Place and Identities in Post‐industrial Mining Communities," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 25(2), pages 253-267, June.
- Ann Markusen (ed.), 2007. "Reining in the Competition for Capital," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number ricc.
- Scott Loveridge, 1996. "On the Continuing Popularity of Industrial Recruitment," Economic Development Quarterly, , vol. 10(2), pages 151-158, May.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Michael R. Betz & Mark D. Partridge & David S. Kraybill & Linda Lobao, 2012. "Why Do Localities Provide Economic Development Incentives? Geographic Competition, Political Constituencies, and Government Capacity," Growth and Change, Wiley Blackwell, vol. 43(3), pages 361-391, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Hermann, Daniel & Rüther, Dörte & Mußhoff, Oliver, 2015. "Die Zeitpräferenz von Landwirten," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 69(4), pages 396-417.
- Antony Millner & Geoffrey Heal, 2015. "Collective intertemporal choice: time consistency vs. time invariance," GRI Working Papers 220, Grantham Research Institute on Climate Change and the Environment.
- Tangren Feng & Shaowei Ke, 2018. "Social Discounting and Intergenerational Pareto," Econometrica, Econometric Society, vol. 86(5), pages 1537-1567, September.
- Mikhail Pakhnin, 2021. "Collective Choice with Heterogeneous Time Preferences," CESifo Working Paper Series 9141, CESifo.
- Teklewold, Hailemariam, 2011. "Farming or burning? shadow prices and farmer’s impatience on the allocation of multi-purpose resource in the mixed farming system of Ethiopia," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 116080, European Association of Agricultural Economists.
- Marieka M. Klawitter & C. Leigh Anderson & Mary Kay Gugerty, 2013. "Savings And Personal Discount Rates In A Matched Savings Program For Low-Income Families," Contemporary Economic Policy, Western Economic Association International, vol. 31(3), pages 468-485, July.
- Mark D. Partridge & Dan S. Rickman & M. Rose Olfert & Ying Tan, 2015.
"When Spatial Equilibrium Fails: Is Place-Based Policy Second Best?,"
Regional Studies, Taylor & Francis Journals, vol. 49(8), pages 1303-1325, August.
- Partridge, Mark D. & Rickman, Dan S. & Olfert, M. Rose & Tan, Ying, 2012. "When spatial equilibrium fails: is place-based policy second best?," MPRA Paper 40270, University Library of Munich, Germany.
- Mark D. Partridge & Dan S. Rickman & M. Rose Olfert & Ying Tan, 2012. "When Spatial Equilibrium Fails: Is Place-Based Policy Second Best?," Economics Working Paper Series 1204, Oklahoma State University, Department of Economics and Legal Studies in Business.
- Michele Belot & Philipp Kircher & Paul Muller, 2021.
"Eliciting time preferences when income and consumption vary: Theory, validation & application to job search,"
Tinbergen Institute Discussion Papers
21-013/V, Tinbergen Institute.
- Belot, Michèle & Kircher, Philipp & Muller, Paul, 2021. "Eliciting Time Preferences When Income and Consumption Vary: Theory, Validation & Application to Job Search," IZA Discussion Papers 14091, Institute of Labor Economics (IZA).
- Belot, Michele & Kircher, Philipp & Muller, Paul, 2021. "Eliciting time preferences when income and consumption vary: Theory, validation & application to job search," LIDAM Discussion Papers CORE 2021035, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Laurent Denant-Boemont & Enrico Diecidue & Olivier l’Haridon, 2017.
"Patience and time consistency in collective decisions,"
Experimental Economics, Springer;Economic Science Association, vol. 20(1), pages 181-208, March.
- Laurent Denant-Boèmont & Enrico Diecidue & Olivier L'Haridon, 2013. "Patience and Time Consistency in Collective Decisions," Economics Working Paper Archive (University of Rennes & University of Caen) 201329, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
- Laurent Denant-Boemont & Enrico Diecidue & Olivier L’haridon, 2017. "Patience and time consistency in collective decisions," Post-Print halshs-01306949, HAL.
- T. William Lester & Nichola J. Lowe & Allan Freyer, 2014. "Mediating Incentive Use," Economic Development Quarterly, , vol. 28(2), pages 132-146, May.
- Holden, Stein T. & Tilahun, Mesfin & Sommervoll, Dag Einar, 2022. "Is diminishing impatience in time-dated risky prospects explained by probability weighting?," CLTS Working Papers 3/22, Norwegian University of Life Sciences, Centre for Land Tenure Studies.
- Drouhin, Nicolas, 2020.
"Non-stationary additive utility and time consistency,"
Journal of Mathematical Economics, Elsevier, vol. 86(C), pages 1-14.
- Nicolas Drouhin, 2019. "Non stationary additive utility and time consistency," Working Papers halshs-01238584, HAL.
- Nicolas Drouhin, 2020. "Non-stationary additive utility and time consistency," Post-Print halshs-02363089, HAL.
- Hans P. Binswanger-Mkhize, 2012. "Is There Too Much Hype about Index-based Agricultural Insurance?," Journal of Development Studies, Taylor & Francis Journals, vol. 48(2), pages 187-200, February.
- C. Leigh ANDERSON & Mary Kay GUGERTY, 2009. "Intertemporal Choice And Development Policy: New Evidence On Time‐Varying Discount Rates From Vietnam And Russia," The Developing Economies, Institute of Developing Economies, vol. 47(2), pages 123-146, June.
- Jean-Pierre Drugeon & Bertrand Wigniolle, 2021.
"On Markovian collective choice with heterogeneous quasi-hyperbolic discounting,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(4), pages 1257-1296, November.
- Jean-Pierre Drugeon & Bertrand Wigniolle, 2021. "On Markovian collective choice with heterogeneous quasi-hyperbolic discounting," Post-Print halshs-02973786, HAL.
- Jean-Pierre Drugeon & Bertrand Wigniolle, 2021. "On Markovian collective choice with heterogeneous quasi-hyperbolic discounting," PSE-Ecole d'économie de Paris (Postprint) halshs-02973786, HAL.
- Michal Bauer & Julie Chytilová, 2010.
"The Impact of Education on Subjective Discount Rate in Ugandan Villages,"
Economic Development and Cultural Change, University of Chicago Press, vol. 58(4), pages 643-669, July.
- Bauer, Michal & Chytilová, Julie, 2009. "The Impact of Education on the Subjective Discount Rate in Ugandan Villages," IZA Discussion Papers 4057, Institute of Labor Economics (IZA).
- Francois K. Doamekpor & Julia Beckett, 2015. "Federal Economic Development Transfers to State and Local Governments," Economic Development Quarterly, , vol. 29(1), pages 49-64, February.
- Ute Rink & Theresa Rollwage, 2022. "Household disability and time preferences: Evidence from incentivized experiments in Vietnam," TVSEP Working Papers wp-027, Leibniz Universitaet Hannover, Institute for Environmental Economics and World Trade, Project TVSEP.
- Yesuf, Mahmud & Bluffstone, Randall, 2008. "Wealth and Time Preference in Rural Ethiopia," RFF Working Paper Series dp-08-16-efd, Resources for the Future.
- Voinov, Alexey & Farley, Joshua, 2007. "Reconciling sustainability, systems theory and discounting," Ecological Economics, Elsevier, vol. 63(1), pages 104-113, June.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jregsc:v:50:y:2010:i:4:p:858-871. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0022-4146 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.