1.

Record Nr.

UNINA9910452752903321

Autore

Smith James L (James Lee), <1950->

Titolo

Issues in extractive resource taxation [[electronic resource] ] : a review of research methods and models / / prepared by James L.  Smith

Pubbl/distr/stampa

Washington, D.C., : International Monetary Fund, c2012

ISBN

1-58906-287-6

1-4755-9247-7

Descrizione fisica

1 online resource (27 p.)

Collana

IMF working paper ; ; WP/12/287

Soggetti

Mineral industries - Taxation

Industries - Taxation

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Contents; I. Introduction; II. Literature Review; A. The Literature on Optimal Investment and Extraction; B. The Literature on Petroleum/Mineral Tax Policy; III. Conclusion; Table 1. Range of Permitted Behavioral Adaptations to Fiscal Stimuli: Model Comparisons; References

Sommario/riassunto

This paper provides a conceptual overview of economists' attempts to learn about the effects of taxes on extractive resources. The emphasis is on research methods and techniques, with no attempt to provide a comprehensive tabulation of previous empirical results or policy conclusions regarding preferred tax instruments or systems. We argue, in fact, that the nature of such conclusions largely depends on the researcher's choice of modeling framework. Many alternative frameworks and approaches have been developed in the literature. Our goal is to describe the differences among them and to note t