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The impacts of profit-based royalties on early-stage mineral exploration

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  • Castillo, Emilio

Abstract

The impact of public policy on the mineral industries is difficult to measure due to little short-term responsiveness to policy changes by companies already investing in known fixed deposits. Nevertheless, early-stage (or grassroots) exploration has been suggested to provide early signals about the impact of a policy. Among mineral policies, taxation has received plenty of attention in theoretical analysis and simulation studies, but little empirical evaluation.

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  • Castillo, Emilio, 2021. "The impacts of profit-based royalties on early-stage mineral exploration," Resources Policy, Elsevier, vol. 73(C).
    • Handle: RePEc:eee:jrpoli:v:73:y:2021:i:c:s0301420721002427
    DOI: 10.1016/j.resourpol.2021.102231
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    Cited by:

    1. Cristina Oneț & Dana Georgeta Alexandru, 2023. "Revenues Sharing in Mineral Exploration: Local Authorities’ Incentives towards Economic Diversification in Romania," Sustainability, MDPI, vol. 15(4), pages 1-14, February.
    2. Zhang, Zhimin & Elshkaki, Ayman, 2022. "An analysis of the supply-side factors of geological exploration in China based on provincial panel data between 1999 and 2017," Resources Policy, Elsevier, vol. 76(C).
    3. Castillo, Emilio & Hancock, Kathleen J., 2022. "Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile," Resources Policy, Elsevier, vol. 77(C).
    4. Castillo, Emilio & Roa, Cintia, 2021. "Defining geological maturity: The effect of discoveries on early-stage mineral exploration," Resources Policy, Elsevier, vol. 74(C).

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    More about this item

    Keywords

    Mineral policy; Mineral exploration; Mining taxation; Royalties;
    All these keywords.

    JEL classification:

    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)

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