Issues in Extractive Resource Taxation : : A Review of Research Methods and Models / / James Smith

• Record Nr.: UNINA9910815037603321
• Autore: Smith James
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2012
• ISBN: 1-58906-287-6; 1-4755-9247-7
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (27 p.)
• Collana: IMF Working Papers
• Disciplina: 332.152
• Soggetti: Mineral industries - Taxation; Industries - Taxation; Business Taxes and Subsidies; Commodities; Economic sectors; Efficiency; Energy: General; Exhaustible Resources and Economic Development; Extractive industries; Industry Studies: Primary Products and Construction: General; Investment & securities; Investments: Energy; Marginal effective tax rate; Mineral industries; Mining sector; Mining, Extraction, and Refining: Hydrocarbon Fuels; Mining, Extraction, and Refining: Other Nonrenewable Resources; Natural Resource Extraction; Nonrenewable Resources and Conservation: Government Policy; Oil; Oil, gas and mining taxes; Optimal Taxation; Petroleum industry and trade; Public finance & taxation; Tax administration and procedure; Tax policy; Taxation; Taxation, Subsidies, and Revenue: General; Taxes; United States
• 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 their strengths and limitations.