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Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents

Author

Listed:
  • Sabine Fuss

    (Mercator Research Institute on Global Commons and Climate Change)

  • Claudine Chen

    (Mercator Research Institute on Global Commons and Climate Change)

  • Michael Jakob

    (Mercator Research Institute on Global Commons and Climate Change and Potsdam Institute for Climate Change Impact Research)

  • Annika Marxen

    (Technical University Berlin and Mercator Research Institute on Global Commons and Climate Change)

  • Narasimha D. Rao

    (International Institute of Systems Analysis)

  • Ottmar Edenhofer

    (Mercator Research Institute on Global Commons and Climate Change, Technical University Berlin and Potsdam Institute for Climate Change Impact Research)

Abstract

It is often argued that, ethically, resource rents should accrue to all citizens. Yet in reality the rents from exploiting national resources are often concentrated in the hands of a few. If resource rents were to be taxed, on the other hand, substantial amounts of public money could be raised and used to cover the population’s infrastructure needs, such as access to electricity, water, sanitation, communication technology and roads, which all play important roles in a nation’s economic development process. Here, we examine to what extent existing resource rents could be used to provide universal access to these infrastructures.

Suggested Citation

  • Sabine Fuss & Claudine Chen & Michael Jakob & Annika Marxen & Narasimha D. Rao & Ottmar Edenhofer, 2015. "Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents," Working Papers 2015.93, Fondazione Eni Enrico Mattei.
  • Handle: RePEc:fem:femwpa:2015.93
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    References listed on IDEAS

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    1. repec:eee:jrpoli:v:52:y:2017:i:c:p:114-121 is not listed on IDEAS
    2. repec:spr:ieaple:v:17:y:2017:i:6:d:10.1007_s10784-017-9352-2 is not listed on IDEAS

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    Keywords

    Resource Rents; Infrastructure; Economic Development;

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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