La fiscalité des ressources non renouvelables: anciennes et nouvelles questions

Pierre Lasserre

L'Actualité Economique, 1990, vol. 66, issue 4, 403-420

Abstract: The impact of various taxes on extraction and investment programs is fairly well understood. However some institutions and some features of non-renewable-resource taxation remain mysterious in their apparent complexity. I argue that such "modern" considerations as information asymmetries, committment, dynamic consistency, attitudes toward risk, strategic behaviour, etc. may help understand them. In particular, I show how differences in the tax treatment of firms at various phases of their life, may be due to information revelation constraints, and that the extremely favourable treatment of such early activities as exploration may be due to the inability of governments to pre-commit. Si l’analyse de l’impact des diverses formes d’impôts sur les firmes extractives est à peu près maîtrisée, certaines institutions et particularités fiscales semblent mal s’expliquer, si ce n’est par des considérations plus « modernes » : information imparfaite et incertitude; asymétries d’information; crédibilité et cohérence dynamique; attitudes face au risque; comportements stratégiques. J’illustre notamment comment on peut expliquer les disparités du traitement fiscal selon les époques de la vie des firmes par des contraintes de révélation d’information, et le traitement très favorable de certaines activités comme l’exploration par des considérations de crédibilité.

Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:ris:actuec:v:66:y:1990:i:4:p:403-420

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