Taxing Commodities with the Future in Mind

Ana Corbacho, Vicente Fretes Cibils and Eduardo Lora
Additional contact information
Ana Corbacho: Columbia University
Vicente Fretes Cibils: North Carolina State University

Chapter 10 in More than Revenue, 2013, pp 177-194 from Palgrave Macmillan

Abstract: Abstract Fiscal revenues from nonrenewable resources are critically important for Latin America and the Caribbean. Eight countries, representing 43 percent of the region’s GDP, obtain a significant share of their fiscal revenues from nonrenewable resources such as oil, gas, and minerals. For example, Venezuela and Trinidad and Tobago derive about half their total fiscal revenues from nonrenewable resources, and Bolivia, Chile, Ecuador, and Mexico derive between 25 percent and 35 percent. In Colombia and Peru, while fiscal dependence is much lower, it has increased considerably in recent years (table 10.1).

Keywords: Nonrenewable Resource; Fiscal Revenue; Taxing Commodity; Revenue System; Extractive Industry Transparency Initiative (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-31597-7_10

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137315977

DOI: 10.1057/9781137315977_10

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().