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Finders, Keepers?
Jaakkola, Niko; Spiro, Daniel; van Benthem, Arthur A. - 2017
Natural-resource taxation and investment exhibit cycles in a vast number of countries, driving political turmoil and power shifts. Using a rational-expectations model, we show cycles result from governments’ inability to commit to future taxes and firms’ inability to credibly exit a country...
Persistent link: https://www.econbiz.de/10011657156
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Commodity tax structure under uncertainty in a perfectly competitive market
Goerke, Laszlo - 2011
In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on output for a specific (unit) tax can enhance welfare in imperfectly competitive markets and is without impact in a competitive world. This paper demonstrates that a substitution...
Persistent link: https://www.econbiz.de/10010274816
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Stranded Assets in the Transition to a Carbon-Free Economy
van der Ploeg, Rick; Rezai, Armon - 2019
Assets in the fossil fuel industries are at risk of losing market value due to anticipated breakthroughs in renewable …
Persistent link: https://www.econbiz.de/10012179824
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Stranded Assets in the Transition to a Carbon-Free Economy
van der Ploeg, Rick - 2020
Assets in the fossil fuel industries are at risk of losing market value due to anticipated breakthroughs in renewable …
Persistent link: https://www.econbiz.de/10012843436
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Oil Rents Shocks and Inequality in Iran
Farzanegan, Mohammad Reza; Krieger, Tim - 2018
We study the short and long run responses of income inequality to positive per capita oil and gas rent shocks in Iran. Using historical data from 1973 to 2012 and vector autoregression (VAR)-based impulse response functions, we find a positive and statistically significant response of income...
Persistent link: https://www.econbiz.de/10011794215
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Natural-Resource Rents and Internal Conflicts - Can Decentralization Lift the Curse?
Farzanegan, Mohammad Reza; Lessmann, Christian; … - 2013
We study how natural-resource rents affect the risk of internal conflict within countries and how the federal structure … the risk of internal conflict. Fiscal and political decentralization as an institutional arrangement for rent-sharing and … natural-resource rents indeed increase the risk of internal conflict, but this relationship is significantly mitigated by …
Persistent link: https://www.econbiz.de/10010292699
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Oil Wealth and Property Rights
de Soysa, Indra; Krieger, Tim; Meierrieks, Daniel - 2020
We empirically examine the impact of oil wealth on property rights protection for a sample of 156 countries between 1960 and 2014. We find that higher levels of oil wealth result in weaker private property rights. This result is robust to different instrumental-variable approaches and...
Persistent link: https://www.econbiz.de/10012227659
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Oil Wealth and Property Rights
Soysa, Indra - 2020
We empirically examine the impact of oil wealth on property rights protection for a sample of 156 countries between 1960 and 2014. We find that higher levels of oil wealth result in weaker private property rights. This result is robust to different instrumental-variable approaches and...
Persistent link: https://www.econbiz.de/10012832191
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Mining for Peace
Hodler, Roland; Schaudt, Paul; Vesperoni, Alberto - 2023
. We study whether and where mining is possible in such countries without raising the risk of civil conflict. We proceed in … (planned and unplanned) mining projects in Sierra Leone. A crucial insight is that new mining projects do not necessarily …
Persistent link: https://www.econbiz.de/10014262694
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Harnessing windfall revenues: optimal policies for resource-rich developing economies
van der Ploeg, Frederick; Venables, Anthony J. - 2009
A windfall of natural resource revenue (or foreign aid) faces government with choices of how to manage public debt … is large relative to initial foreign debt, is it optimal to build a SWF. The optimal time profile of consumption is …
Persistent link: https://www.econbiz.de/10010276227