IDEAS home Printed from https://ideas.repec.org/a/bla/ajecsc/v49y1990i4p459-468.html

On Market Structure and the Taxation of Exhaustible Resources:

Author

Listed:
  • M. H. I. Dore

Abstract

. The older static theory of the taxation of exhaustible resources is distinguished from the modern theory based on the work of Harold Hotelling Both advocate some form of a profits‐based tax, which is appropriate for conditions of perfect competition. But an oligopolistic market structure has additional quasi‐rents which could be captured through taxation. It is argued that a sales tax will not only capture the rents but also lower the cut‐off grade of the ore mined.

Suggested Citation

  • M. H. I. Dore, 1990. "On Market Structure and the Taxation of Exhaustible Resources:," American Journal of Economics and Sociology, Wiley Blackwell, vol. 49(4), pages 459-468, October.
    • Handle: RePEc:bla:ajecsc:v:49:y:1990:i:4:p:459-468
    DOI: 10.1111/j.1536-7150.1990.tb02472.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1536-7150.1990.tb02472.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1536-7150.1990.tb02472.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Heaps, Terry & Helliwell, John F., 1985. "The taxation of natural resources," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 1, chapter 8, pages 421-472, Elsevier.
    2. Campbell, H. F. & Lindner, R. K., 1985. "On the optimal resource rent tax : Erratum," Economics Letters, Elsevier, vol. 17(1-2), pages 199-200.
    3. Heaps, Terry, 1985. "The taxation of nonreplenishable natural resources revisited," Journal of Environmental Economics and Management, Elsevier, vol. 12(1), pages 14-27, March.
    4. Dore, M. H. I. & Harcourt, G. C., 1986. "A note on the taxation of exhaustible resources under oligopoly," Economics Letters, Elsevier, vol. 21(1), pages 81-84.
    5. Burness, H. Stuart, 1976. "On the taxation of nonreplenishable natural resources," Journal of Environmental Economics and Management, Elsevier, vol. 3(4), pages 289-311, December.
    6. Conrad, Robert F. & Hool, Bryce, 1981. "Resource taxation with heterogeneous quality and endogenous reserves," Journal of Public Economics, Elsevier, vol. 16(1), pages 17-33, August.
    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. Reimer, Matthew N. & Guettabi, Mouhcine & Tanaka, Audrey-Loraine, 2017. "Short-run impacts of a severance tax change: Evidence from Alaska," Energy Policy, Elsevier, vol. 107(C), pages 448-458.
    2. Paredes, Dusan & Rivera, Nathaly M., 2017. "Mineral taxes and the local public goods provision in mining communities," Resources Policy, Elsevier, vol. 53(C), pages 328-339.
    3. Ulibarri, Carlos A., 1996. "Non-conventional fuel tax credits and the extraction R&D model," Resources Policy, Elsevier, vol. 22(3), pages 207-215, September.
    4. Shengbao Ji & Yin-Fang Zhang & Tooraj Jamasb, 2014. "Reform of the Coal Sector in an Open Economy: The Case of China," Cambridge Working Papers in Economics 1445, Faculty of Economics, University of Cambridge.
    5. Balde, Mamadou Tanou, 2020. "A brief history of time: Taxation and mineral production in developing countries," Resources Policy, Elsevier, vol. 68(C).
    6. Beer, Sebastian & Loeprick, Jan, 2017. "Taxing income in the oil and gas sector — Challenges of international and domestic profit shifting," Energy Economics, Elsevier, vol. 61(C), pages 186-198.
    7. Chris Jeffords & Alexi Thompson & David Yerger, 2015. "Employment Booms and Busts Stemming from Nonrenewable Resource Extraction," International Journal of Energy Economics and Policy, Econjournals, vol. 5(3), pages 809-815.
    8. Gérard Gaudet & Pierre Lasserre, 1990. "Dynamiques comparées des effets de la taxation minière," L'Actualité Economique, Société Canadienne de Science Economique, vol. 66(4), pages 467-497.
    9. Klomp, Jeroen & de Haan, Jakob, 2016. "Election cycles in natural resource rents: Empirical evidence," Journal of Development Economics, Elsevier, vol. 121(C), pages 79-93.
    10. Richard Farmer, 1997. "Intertemporal effects of environmental mandates," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 9(3), pages 365-381, April.
    11. Llop Llop, Maria, 2016. "A second-best analysis of alternative instruments for the preservation of natural resources?," Working Papers 2072/261533, Universitat Rovira i Virgili, Department of Economics.
    12. Amos James Ibrahim-Shwilima & Hideki Konishi, 2014. "The Impact of Tax Concessions on Extraction of Non-renewable Resources:An Application to Gold Mining in Tanzania," Working Papers 1403, Waseda University, Faculty of Political Science and Economics.
    13. Söderholm, Patrik, 2011. "Taxing virgin natural resources: Lessons from aggregates taxation in Europe," Resources, Conservation & Recycling, Elsevier, vol. 55(11), pages 911-922.
    14. Julien Daubanes & Pierre Lasserre, 2011. "Optimum Commodity Taxation with a Non-Renewable Resource," CER-ETH Economics working paper series 11/151, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    15. Caputo, Michael R. & Wilen, James E., 1995. "Optimality conditions and comparative statics for horizon and endpoint choices in optimal control theory," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 351-369.
    16. Roel van Veldhuizen & Joep Sonnemans, 2018. "Nonrenewable Resources, Strategic Behavior and the Hotelling Rule: An Experiment," Journal of Industrial Economics, Wiley Blackwell, vol. 66(2), pages 481-516, June.
    17. Bertrand LAPORTE & Céline DE QUATREBARBES & Yannick BOUTERIGE, 2017. "Mining taxation in Africa: the gold mining industry in 14 countries from 1980 to 2015," Working Papers P164, FERDI.
    18. Jeffrey A. Krautkraemer, 1998. "Nonrenewable Resource Scarcity," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 2065-2107, December.
    19. Cornelia Luchsinger & Adrian Müller, 2003. "Incentive Compatible Extraction of Natural Resource Rent," CEPE Working paper series 03-21, CEPE Center for Energy Policy and Economics, ETH Zurich.
    20. Giorgio Brosio & Raju Jan Singh, 2014. "Revenue Sharing of Natural Resources in Africa : Reflections from a Review of International Practices," World Bank Publications - Reports 20062, The World Bank Group.

    More about this item

    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:bla:ajecsc:v:49:y:1990:i:4:p:459-468. 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: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0002-9246 .

    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.