Optimal Excise Taxes in Exhaustible Resource Exploitation

John Hartwick

Working Paper from Economics Department, Queen's University

Abstract: Public authorities are charged with raising Z dollars, in present value, from a competitive industry exploiting an exhaustible resource. We derive Ramsey-type excise tax rules. The L.C. Gray case of a single mine is investigated as is the case of an industry experiencing declining quality of minerals.

Pages: 24
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:389

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