IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/wp-2021-39.html
   My bibliography  Save this paper

Resource rents in the diamond industry 2014-19: Rents, issues, methods, and data availability

Author

Listed:
  • Anton Löf
  • Olof Löf
  • Magnus Ericsson

Abstract

The focus of this study is rent in the diamond industry. Based on extensive datasets and a discussion of all relevant costs, we present resource rent statistics from the diamond industry in key producer countries in emerging economies such as Angola, Botswana, Democratic Republic of the Congo, Lesotho, Namibia, Sierra Leone, and South Africa, as well as the Russian Federation. Resource rents give an indication of the available space for taxation.

Suggested Citation

  • Anton Löf & Olof Löf & Magnus Ericsson, 2021. "Resource rents in the diamond industry 2014-19: Rents, issues, methods, and data availability," WIDER Working Paper Series wp-2021-39, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp-2021-39
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2021-39-resource-rents-diamond-industry.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 2011. "The Changing Wealth of Nations : Measuring Sustainable Development in the New Millennium," World Bank Publications - Books, The World Bank Group, number 2252, December.
    2. Magnus Ericsson & Olof Löf, 2017. "Mining’s contribution to low- and middleincome economies," WIDER Working Paper Series 148, World Institute for Development Economic Research (UNU-WIDER).
    3. James M. Otto, 2017. "The taxation of extractive industries: Mining," WIDER Working Paper Series wp-2017-75, World Institute for Development Economic Research (UNU-WIDER).
    4. James Otto & Craig Andrews & Fred Cawood & Michael Doggett & Pietro Guj & Frank Stermole & John Stermole & John Tilton, 2006. "Mining Royalties : A Global Study of Their Impact on Investors, Government, and Civil Society," World Bank Publications - Books, The World Bank Group, number 7105, December.
    5. Magnus Ericsson & Olof Löf, 2017. "Mining's contribution to low- and middle-income economies," WIDER Working Paper Series wp-2017-148, World Institute for Development Economic Research (UNU-WIDER).
    6. James M. Otto, 2017. "The taxation of extractive industries: Mining," WIDER Working Paper Series 075, World Institute for Development Economic Research (UNU-WIDER).
    7. Magnus Ericsson & Olof Löf, 2019. "Mining’s contribution to national economies between 1996 and 2016," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 32(2), pages 223-250, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vincent Géronimi & Claire Mainguy, 2020. "Exploitation minière et développement : des effets toujours controversés. Introduction," Mondes en développement, De Boeck Université, vol. 0(1), pages 7-29.
    2. Peng, Xuan & Mousa, Saeed & Sarfraz, Muddassar & Abdelmohsen A, Nassani & Haffar, Mohamed, 2023. "Improving mineral resource management by accurate financial management: Studying through artificial intelligence tools," Resources Policy, Elsevier, vol. 81(C).
    3. -, 2022. "Fiscal Panorama of Latin America and the Caribbean 2022: Fiscal policy challenges for sustainable and inclusive development," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 48015 edited by Eclac, September.
    4. Zauresh Atakhanova, 2021. "Support services in the extractive industries and the role of innovation," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 34(1), pages 141-150, April.
    5. Tatiana Ponomarenko & Marina Nevskaya & Izabela Jonek-Kowalska, 2021. "Mineral Resource Depletion Assessment: Alternatives, Problems, Results," Sustainability, MDPI, vol. 13(2), pages 1-15, January.
    6. Tony Addison & Alan R. Roe, 2018. "Extractives for development: Ten main messages," WIDER Working Paper Series 99, World Institute for Development Economic Research (UNU-WIDER).
    7. Yıldız, Taşkın Deniz, 2022. "How can the state rights be calculated by considering a high share of state right in mining operating costs in Turkey?," Resources Policy, Elsevier, vol. 75(C).
    8. Hans-Jürgen Engelbrecht, 2015. "A General Model of the Innovation - Subjective Well-Being Nexus," Economic Complexity and Evolution, in: Andreas Pyka & John Foster (ed.), The Evolution of Economic and Innovation Systems, edition 127, pages 69-90, Springer.
    9. Hansen, James & Gross, Isaac, 2018. "Commodity price volatility with endogenous natural resources," European Economic Review, Elsevier, vol. 101(C), pages 157-180.
    10. Bertrand Laporte & Céline de Quatrebarbes & Yannick Bouterige, 2019. "Rent sharing and progressivity of tax regimes in the mining sector: An analysis of 21 African gold-producing countries [Partage de la rente et progressivité des régimes fiscaux dans le secteur mini," CERDI Working papers halshs-02103047, HAL.
    11. Cairns, Robert D. & Martinet, Vincent, 2021. "Growth and long-run sustainability," Environment and Development Economics, Cambridge University Press, vol. 26(4), pages 381-402, August.
    12. Beck, Thorsten & Poelhekke, Steven, 2023. "Follow the money: Does the financial sector intermediate natural resource windfalls?," Journal of International Money and Finance, Elsevier, vol. 130(C).
    13. Bertrand Laporte & Celine de Quatrebarbes & Yannick Bouterige, 2022. "Tax design and rent sharing in mining sector: Evidence from African gold‐producing countries," Journal of International Development, John Wiley & Sons, Ltd., vol. 34(6), pages 1176-1196, August.
    14. Nicola Brandt & Paul Schreyer & Vera Zipperer, 2017. "Productivity Measurement with Natural Capital," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63, pages 7-21, February.
    15. John Reilly, 2015. "Energy and Development in Emerging Countries," Revue d’économie du développement, De Boeck Université, vol. 23(HS), pages 19-38.
    16. Alan R. Roe, 2018. "Extractive industries and development: Lessons from international experience for Mozambique," WIDER Working Paper Series 56, World Institute for Development Economic Research (UNU-WIDER).
    17. Greasley, David & McLaughlin, Eoin & Hanley, Nick & Oxley, Les, 2017. "Australia: a land of missed opportunities?," Environment and Development Economics, Cambridge University Press, vol. 22(6), pages 674-698, December.
    18. Figueroa B., Eugenio & Orihuela R., Carlos & Calfucura T., Enrique, 2010. "Green accounting and sustainability of the Peruvian metal mining sector," Resources Policy, Elsevier, vol. 35(3), pages 156-167, September.
    19. Adekoya, Oluwasegun B. & Oliyide, Johnson A. & Tahir, Hammad, 2021. "What do we know about the inflation-hedging property of precious metals in Africa? The case of leading producers of the commodities," Resources Policy, Elsevier, vol. 72(C).
    20. H. Spencer Banzhaf & James Boyd, 2012. "The Architecture and Measurement of an Ecosystem Services Index," Sustainability, MDPI, vol. 4(4), pages 1-32, March.

    More about this item

    Keywords

    resource rent; diamond; Tax; Minerals; Industrial policy; World Bank; Africa;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:wp-2021-39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.