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A propos du taux d'actualisation du Plan

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  • Robert Delorme

Abstract

[fre] Le taux d'actualisation associé au VIIe Plan français (1976-1980) a été fixé à 10% à prix constants au terme des travaux d'un groupe de travail dont le rapport établit une « doctrine » de l'estimation et de l'utilisation de ce taux. L'objet de cet article est d'examiner l'option retenue dans la méthode d'éva­luation du taux d'actualisation du Plan par rapport aux fondements théoriques de celle-ci et de montrer que la « doctrine » revêt deux aspects. L'un correspond à une approche d'optimisation globale dans la recherche d'un .taux national de rentabilité du capital. L'autre correspond à une intervention tutélaire de l'Etat dans l'arbitrage entre le présent et le futur. [eng] On the social rate of discount. . The Seventh French Plan (1976~1980) social rate of discount has been set at a 10 % level by a group of experts whose final report proposes a " doctrine " for its method of estimation and of utilisation. The purpose of this paper is to show that the " doctrine " is twofold. On the one hand it is based on the estimation of the social rate of return on capital according to a first best approach. On the second hand, it lies on the substitution of the State for the individuals in the appraisal of thé optimal allocation of resources over time.

Suggested Citation

  • Robert Delorme, 1976. "A propos du taux d'actualisation du Plan," Revue Économique, Programme National Persée, vol. 27(1), pages 1-30.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1976_num_27_1_408247
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    References listed on IDEAS

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