What do we know about the sharing of mineral resource rent in Africa?
Bertrand Laporte and
Céline de Quatrebarbes
Resources Policy, 2015, vol. 46, issue P2, 239-249
Abstract:
Governments that lack the capacity to mine resources themselves have to attract foreign direct investment. However, since resources are not renewable, countries need to capture a ‘fair’ share of mineral resource rent to promote their development. While the sharp rise of the world prices of most minerals multiplied the total natural resources rents by 2.3 between 2002 and 2008 (World Bank, 2015), tax revenue earned by African governments from the non-renewable natural resource sector only grew by a factor of 1.5 (Mansour, 2014).The sharing of mineral resource rent between governments and investors is often criticised for being unfavourable to African governments. But what do we really know about the sharing of mineral resource rent in Africa? The aim of this study is to review theoretical and empirical studies on rent sharing in Africa and to note their limitations regarding knowledge of the actual sharing of mineral rent.
Keywords: Taxation; Mineral tax; Resource rent tax; Developing countries (search for similar items in EconPapers)
JEL-codes: H25 L71 L72 L78 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)
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Working Paper: What do we know about the sharing of mineral resource rent in Africa? (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:46:y:2015:i:p2:p:239-249
DOI: 10.1016/j.resourpol.2015.10.005
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