voprecotestВопросы экономикиVoprosy Ekonomiki0042-8736Voprosy Ekonomiki, NP10.32609/0042-8736-2020-11-47-68voprecotest-2424Research ArticleЭКОНОМИКА ТРУДА И СОЦИАЛЬНОЙ СФЕРЫLABOR AND SOCIAL ECONOMICSКапитал общественно ориентированного мышления: индивидуальные ставки дисконтирования при финансировании социально значимых благSocial thinking capital: Individual discount rate when contributing to merit and public goodshttps://orcid.org/0000-0001-7427-6550КарачаровскийВ. В.KaracharovskiyV. V.

Карачаровский Владимир Владимирович, к. э. н., доцент департамента прикладной экономики факультета экономических наук

Москва

Vladimir V. Karacharovskiy

Moscow

vvk@hse.ruНациональный исследовательский университет «Высшая школа экономики»РоссияHSE UniversityRussian Federation2020041120200114768Copyright © Voprosy Ekonomiki, NP, 20202020Voprosy Ekonomiki, NPVoprosy Ekonomiki, NPhttps://www.vopreco.ru/jour/about/submissions#copyrightNoticehttps://www.vopreco.ru/jour/article/view/2424

На основании результатов эмпирического исследования подтверждается гипотеза о снижении индивидуальных ставок дисконтирования для социальнозначимых доходных вложений по отношению к социально нейтральным доходным вложениям. Обосновывается существование специфического вида капитала - общественно легитимной надбавки к авансированной стоимости инвестиционных проектов, возникающей для социально значимых проектов ввиду того, что часть населения готова голосовать за их финансирование по более низкой ставке. Сделаны выводы о величине рассматриваемого вида капитала для мериторных и общественных благ разных типов и о социальной базе, на основе которой он может быть извлечен в рамках общественно ориентированного («просоциального») инвестиционного мышления населения. Исследование проведено на базе общероссийской квотной выборки.

The hypothesis of declining individual discount rates for socially significant investments as compared to the rates for socially neutral ones confirmed based on a mass survey with using hypothetical situations on investing by the individuals the lottery prize to long-term social bonds. It is shown that there exists a special type of asset in the form of additional part of capital advanced to investment projects which arises for socially significant projects from the fact that people are ready to vote for their financing at a lower rate. The conclusions are drawn about the value of the considered type of asset for the case of Russia, the social base through which it can be accumulated and its differences for merit and public goods of various types. The study was conducted on the basis of a Russian national quota sample.

общественно ориентированные предпочтенияиндивидуальная ставка дисконтированиясоциальная ставка дисконтированияпросоциальное поведениемериторные благаобщественные благаsocial preferencesindividual discount ratesocial discount rateprosocial behaviormerit goodspublic goodsИсследование выполнено за счет гранта Российского научного фонда (проект № 16‑18‑10270).Funding: This work was supported by the Russian Science Foundation under Grant No. 16-18-10270.ReferencesВиленский П. Л., Лившиц В. Н., Смоляк С. А. (2008). Оценка эффективности инвестиционных проектов. Теория и практика. М.: Дело. [Vilenskiy P. L., Livshits V. N., Smolyak S. A. (2008). Evaluation of the investment projects efficiency. Theory and practice. Moscow: Delo. (In Russian).]Vilenskiy P.L., Livshits V.N., Smolyak S.A. (2008) Evaluation of the investment projects efficiency. Theory and practice. Moscow: Delo. (In Russian).Горшков М. К., Крумм Р., Тихонова Н. Е. (ред.) (2010). Готово ли российское общество к модернизации? 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The authors declare that there are no conflicts of interest present.