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prices across sectors. The paper discusses alternatives to make the recently-introduced industry carbon levy more effcient … power generation, it recommends eliminating taxes on residential and industrial electricity, supplementing the coal phaseout …
Persistent link: https://www.econbiz.de/10012796806
We develop a new Measure of Aggregate Trade Restrictions (MATR) using data from the IMF's Annual Report on Exchange Arrangements and Exchange Restrictions. MATR is an empirical measure of how restrictive official government policy is towards the international flow of goods and services. MATR is...
Persistent link: https://www.econbiz.de/10013170594
.S. auto tariffs. The second analyzes a 'transactional deal' between the U.S. and China to close their bilateral deficit. The … third, in the absence of such a deal, considers a potential escalation in bilateral tariffs between the two countries. Some … certain scenarios. We discuss how estimated impacts depend on the extent to which the U.S. is able to re-shore production in …
Persistent link: https://www.econbiz.de/10012102091
Mozambique has great potential in natural gas reserves and if liquefied/commercialized the sum of taxes andother fiscal revenue from natural gas will, at its peak, reach roughly one third of total fiscal revenue. Recent developments in the natural resource sector have triggered a fresh round of...
Persistent link: https://www.econbiz.de/10010233187
Persistent link: https://www.econbiz.de/10012796640
This paper suggests that the environmental and commercial features of shale gas extraction do not warrant a significantly different fiscal regime than recommended for conventional gas. Fiscal policies may have a role in addressing some environmental risks (e.g., greenhouse gases, scarce water,...
Persistent link: https://www.econbiz.de/10011763654
Under imperfect competition, Russia and Ukraine may choose to deviate from optimal tax considerations which suggest use of a destination-based VAT regime. Oil and gas trade is a major source of Russian tax revenue, which is collected partly through an origin-based VAT on intra-CIS energy trade....
Persistent link: https://www.econbiz.de/10014399718
volatility in oil and gas prices, and could confer to producers a temporary market power. Being simultaneous and incorporating … interest and exchange rates, the model could be useful in short-term forecasting of oil and gas outputs and prices under policy …
Persistent link: https://www.econbiz.de/10014400334
demand for both crude oil and natural gas, which explains the market power of oil producers and price volatility following … shocks. The paper establishes a relationship between oil prices, changes in the nominal effective exchange rate (NEER) of the … rates and the NEER are shown to influence crude prices inversely. The results imply that crude oil prices should be included …
Persistent link: https://www.econbiz.de/10014401033
This paper discusses the rising profile of natural gas in global energy, factors constraining its further development, the gas contracting process, and the absence of a global market, which is analyzed in the context of the economic rent in the gas price and the opaque nature of gas contracts. A...
Persistent link: https://www.econbiz.de/10014401810