中国林业行业基准贴现率研究  

China Forestry Basic Rate of Discount

作　　者：王周绪[1] 姜全飞 

机构地区：[1]国家林业局速生丰产用材林基地建设工程管理办公室,北京100714 [2]宁夏吴忠林业局,宁夏吴忠751100

出　　处：《林业经济》2006年第6期39-44,共6页Forestry Economics

摘　　要：确定合适的基准贴现率对于正确引导资金在林业行业上投资是十分重要的，该文采用机会成本法确定我国林业行业的基准贴现率。研究结果如下：（1）欧洲和北美许多国家，短周期商品林业的基准贴现率为3％～6％，这些国家的林业贷款年利率为3％～5％，这两个指标对于我国基准贴现率的选定具有重要的价值。（2）据测算，中国商品林业建设的贷款年利率（机会成本）为4％～5％，这是制定我国林业行业基准贴现率的重要依据。（3）根据上述分析，建议我国林业行业的基准贴现率选用年率5％。It is of great importance to determine appropriate basic rate of discount for correct guidance of capital investment in forestry. The paper determined China forestry basic rate of discount by means of opportunity cost method. The results are the following, （1）Basic discount rate for short-term commercial forestry in those countries in Europe and North America is 3%～6%, which is valuable to choose China basic discount rate. （2）The loan percent per annum or opportunity cost for China commercial forestry is measured by 4%～5%, which is fundamental for the determination of China basic discount rate. （3）It is suggested that China basic discount rate select annual interest rate-5%.

关 键 词：中国 林业行业 基准贴现率 

分 类 号：F326.2[经济管理—产业经济]