IDEAS home Printed from https://ideas.repec.org/a/dug/journl/y2017i1p34-44.html
   My bibliography  Save this article

The Impact of Minerals Rent Tax on Kosovos’s Bughet

Author

Listed:
  • Bedri Statovci

    (University Haxhi Zeka)

  • Gani Asllani

    (University Haxhi Zeka)

  • Vlora Berisha

    (University Haxhi Zeka)

Abstract

In order to reduce poverty and make substantive progress in Kosovo, the state financial system must be reformed, allowing gradual revenue growth capable of meeting the needs of a highly developed economy. The challenge for all world governments is how to collect public revenues in order to fund the state budget. The purpose of this paper is to discuss the treatment of mineral resource rent tax, which is public revenue and has a huge influence on the state budget. Since royalty is revenue that the budget of Kosovo has symbolic participation there is the need for the policy-makers to recovery the mining sector which before the 90-s and thereafter completely destroyed despite the potential rich minerals the increase of revenues from royalty helps in economic and social development. Therefore, the aim of this paper is the treatment of mineral rent in Kosovo and its comparison with some countries of the world, the legislation regulating mineral rents, the impact of the mineral rent to the budget of Kosovo, the impact of mineral rent in developing Kosovo's economic and government policies regarding mineral rent.

Suggested Citation

  • Bedri Statovci & Gani Asllani & Vlora Berisha, 2017. "The Impact of Minerals Rent Tax on Kosovos’s Bughet," EuroEconomica, Danubius University of Galati, issue 1(36), pages 34-44, May.
    • Handle: RePEc:dug:journl:y:2017:i:1:p:34-44
    as

    Download full text from publisher

    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/3643/3999
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Laporte, Bertrand & de Quatrebarbes, Céline, 2015. "What do we know about the sharing of mineral resource rent in Africa?," Resources Policy, Elsevier, vol. 46(P2), pages 239-249.
    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. Luisito Bertinelli & Arnaud Bourgain & Skerdilajda Zanaj, 2019. "Profit taxation and royalties: evidence from gold mines in Sub-Saharan Africa," DEM Discussion Paper Series 19-15, Department of Economics at the University of Luxembourg.
    2. 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.
    3. Kulczycka, Joanna & Wirth, Herbert & Hausner, Jerzy, 2017. "Polish tax policy - its impact on the mineral sector," Resources Policy, Elsevier, vol. 52(C), pages 72-80.
    4. 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.
    5. Olleik, Majd & Auer, Hans & Nasr, Rawad, 2021. "A petroleum upstream production sharing contract with investments in renewable energy: The case of Lebanon," Energy Policy, Elsevier, vol. 154(C).
    6. Shahbaz, Muhammad & Destek, Mehmet Akif & Okumus, Ilyas & Sinha, Avik, 2019. "An empirical note on comparison between resource abundance and resource dependence in resource abundant countries," Resources Policy, Elsevier, vol. 60(C), pages 47-55.
    7. Bertrand Laporte & Céline de Quatrebarbes & Yannick Bouterige, 2018. "A model for sharing mineral resource rent in African countries [Un modèle de partage de la rente minière dans les pays africains]," Post-Print hal-01975721, HAL.
    8. Cust,James Frederick & Rivera Ballesteros,Alexis & Zeufack,Albert G., 2022. "The Dog that Didn’t Bark : The Missed Opportunity of Africa’s Resource Boom," Policy Research Working Paper Series 10120, The World Bank.
    9. Finér, Lauri & Ylönen, Matti, 2017. "Tax-driven wealth chains: A multiple case study of tax avoidance in the finnish mining sector," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 48(C), pages 53-81.
    10. 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 201713, CERDI.
    11. Bourgain, Arnaud & Zanaj, Skerdilajda, 2020. "A tax competition approach to resource taxation in developing countries," Resources Policy, Elsevier, vol. 65(C).
    12. Asatryan, Zareh & Baskaran, Thushyanthan & Birkholz, Carlo & Hufschmidt, Patrick, 2021. "Regional redistribution of mineral resource wealth in Africa," ZEW Discussion Papers 21-032, ZEW - Leibniz Centre for European Economic Research.
    13. Bertinelli, Luisito & Bourgain, Arnaud & Zanaj, Skerdilajda, 2022. "Taxes and declared profits: Evidence from gold mines in Africa," Resources Policy, Elsevier, vol. 78(C).
    14. Yıldız, Taşkın Deniz, 2023. "How can shares be increased for indigenous peoples in state rights paid by mining companies? An education incentive through direct contribution to the people," Resources Policy, Elsevier, vol. 85(PA).
    15. Youmanli Ouoba, 2023. "Testing the necessary conditions for sustainability in the mining sector in Burkina Faso," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 36(1), pages 1-12, January.

    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:dug:journl:y:2017:i:1:p:34-44. 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: Florian Nuta (email available below). General contact details of provider: https://edirc.repec.org/data/fedanro.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.