A Desirable Solution

Chris Rowland and Danny Hann
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Chris Rowland: BZW Securities
Danny Hann: Central Electricity Generating Board

Chapter 6 in The Economics of North Sea Oil Taxation, 1987, pp 116-129 from Palgrave Macmillan

Abstract: Abstract Had the IFS proposals been implemented in 1982, the government (in terms of end criteria) would have been no worse off, the inter-field burden of taxation would have been more appropriate and significant additional reserves would have been realised. An improvement for all would, apparently, have been inevitable. Clearly though, it was not seen as an improvement by all; but why not?

Keywords: Marginal Field; Future Gain; Royalty Payment; Desirable Solution; Budget Change (search for similar items in EconPapers)
Date: 1987
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DOI: 10.1007/978-1-349-08717-4_6

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