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Designing fiscal regimes for impact benefit agreements

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  • Gunton, Cameron
  • Gunton, Thomas
  • Batson, Joshua
  • Markey, Sean
  • Dale, Daniel

Abstract

•We evaluate alternative impact benefit agreement fiscal instruments using a comprehensive set of criteria.•No fiscal instrument is ideal in terms of fully meeting all criteria.•A multiple account evaluation of revenue and non-revenue provisions of agreements is recommended for assessing trade-offs.•The optimal fiscal regime for impact benefit agreements is likely a hybrid design that uses a combination of fiscal instruments.

Suggested Citation

  • Gunton, Cameron & Gunton, Thomas & Batson, Joshua & Markey, Sean & Dale, Daniel, 2021. "Designing fiscal regimes for impact benefit agreements," Resources Policy, Elsevier, vol. 72(C).
    • Handle: RePEc:eee:jrpoli:v:72:y:2021:i:c:s0301420721000210
    DOI: 10.1016/j.resourpol.2021.102004
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    1. Gunton, Thomas & Werker, Eric & Markey, Sean, 2021. "Community benefit agreements and natural resource development: Achieving better outcomes," Resources Policy, Elsevier, vol. 73(C).

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