International Redistribution of Resource Rents: An alternative perspective on the Kyoto process
Eirik Schrøder Amundsen () and
Lars Bergman ()
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Eirik Schrøder Amundsen: University of Bergen, Department of Economics, Postal: Hermann Fossgt. 6, N-5007 Bergen, Norway
Lars Bergman: Stockholm School of Economics, Postal: Box 6501, SE-113 83 Stockholm, Sweden, http://www.hhs.se/Search/Person/Pages/person.aspx?PersonID=30
No 08/05, Working Papers in Economics from University of Bergen, Department of Economics
Abstract:
The purpose of this paper is to elucidate the resource rent distribution aspect of the Kyoto process. The paper focuses on the “battle for resource rents” with oil consuming countries on one side and oil producing countries on the other. Our analysis is carried out within the framework of a theoretical model of resource extraction over time. In particular, it is shown how CO2 emission caps may be used by the oil consuming countries, acting under the realm of the Kyoto process, to maximize the rent acquisition from oil producing countries and how the oil producing countries may constrain this possibility by exercising market power. The paper also compiles data and numerical results regarding the order of magnitudes of resource rents redistribution.
Keywords: Resource rent; environmental taxes; market form (search for similar items in EconPapers)
JEL-codes: H21 Q41 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2005-03-09
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:bergec:2005_008
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