Issues in Extractive Resource Taxation: A Review of Research Methods and Models

James Smith

No 2012/287, IMF Working Papers from International Monetary Fund

Abstract: This paper provides a conceptual overview of economists’ attempts to learn about the effects of taxes on extractive resources. The emphasis is on research methods and techniques, with no attempt to provide a comprehensive tabulation of previous empirical results or policy conclusions regarding preferred tax instruments or systems. We argue, in fact, that the nature of such conclusions largely depends on the researcher’s choice of modeling framework. Many alternative frameworks and approaches have been developed in the literature. Our goal is to describe the differences among them and to note their strengths and limitations.

Keywords: WP; tax; firm; tax regime; tax instrument; extractive resources; tax policy; fiscal regimes; investment strategy; extractive enterprise; cash flow; rate of return; risk-neutral firm; production function; tax shield; tax neutrality; tax rate; taxes gain; Oil; Mining sector; gas and mining taxes; Marginal effective tax rate; North America (search for similar items in EconPapers)
Pages: 26
Date: 2012-12-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=40150 (application/pdf)

Related works:
Journal Article: Issues in extractive resource taxation: A review of research methods and models (2013)
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:imf:imfwpa:2012/287

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().