CAJ | 학술논문

该文主要探讨了在项目评价的时点上引入包含环境价值的财务完全价格的意义和时段上折现率的理论问题；讨论了项目评价中如何协调社会折现率理论上的伦理层面和经济层面之间的矛盾，最后提出应摒弃单一的综合社会折现率，将环境因素与非环境因素视为两个不同的经济部门分别采用不同的折现率处理。采用两部门的净现值加和来作为项目决策的判据。
해문주요탐토료재항목평개적시점상인입포함배경개치적재무완전개격적의의화시단상절현솔적이론문제；토론료항목평개중여하협조사회절현솔이론상적윤리층면화경제층면지간적모순，최후제출응병기단일적종합사회절현솔，장배경인소여비배경인소시위량개불동적경제부문분별채용불동적절현솔처리。채용량부문적정현치가화래작위항목결책적판거。
This paper focuses on the significance of introducing the full price, which includes the environmental value, into the project appraisement, and the theory of social discounting rate. In addition, the paper also discusses how to coordinate the ethic factor and economic factor of the theory of social discounting rate. Finally, it points out that the comprehensive and single social discounting rate should be discarded in the project appraisement, the environmental and non - environmental factors should be treated as two different economic sections in the same project, and the sum of the NPV of the two departments should be adopted as the basis to make the decision.