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Natural Resource Taxation From The Sustainable Economic Perspective

Author

Listed:
  • BĂLĂŞESCU, Răzvan

    (“Victor Slăvescu” Centre for Financial and Monetary Research, Romanian Academy)

Abstract

In a narrow sense, taxation of natural resources is related to royalties that reveal the fiscal advantage of a concrete and rapid cash public revenues. In a large sense, the present paper takes into account both an legal, technological and fiscal management of natural resources to encourage the inter-temporal investments in the field of exploration and exploitation as well as the ideological map of neoclassic and institutional socio economic determinism. In this respect ,the topic proposed is related to the resource curse problem meaning the two sides of a same coin: natural resource taxation is not only a simple political problem of rentier corruption but also an obligation to manage the question of negative externalities on economic capital portofolio structure generated by the illusion of mineral sector booming leadership.

Suggested Citation

  • BĂLĂŞESCU, Răzvan, 2014. "Natural Resource Taxation From The Sustainable Economic Perspective," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 1(1), pages 223-227.
    • Handle: RePEc:vls:rojfme:v:1:y:2014:i:1:p:223-227
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    References listed on IDEAS

    as
    1. Duanjie Chen & Jack Mintz, 2012. "Capturing Economic Rents from Resources through Royalties and Taxes," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 5(30), October.
    2. Leonor Coutinho, 2011. "The Resource Curse and Fiscal Policy," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 5(1), pages 43-70, June.
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    More about this item

    Keywords

    natural resurce taxation; resource curse; socio economic determinism;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • N5 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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