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The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a social cost that increases with the expropriated value. In...
Persistent link: https://www.econbiz.de/10005463877
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation,which generates a social cost that increases with the expropriated value. In...
Persistent link: https://www.econbiz.de/10005738354
on the benefits of the mining sector for economy-wide growth and development in Chile. This paper identifies some of the … good practice areas in mining regulation in Chile whose economy has shown strong growth over most of the last two decades …. Some of the areas touched on in this paper are the taxation of the minerals sector, management of the tax revenue, and …
Persistent link: https://www.econbiz.de/10011277122
local labor markets and welfare, the effects of government spending channels resulting from mining revenue, and regional …
Persistent link: https://www.econbiz.de/10011276412
environmental pollution. To explore this issue, we examine the case of gold mining in Ghana. Through the estimation of an … agricultural production function using household level data, we find that mining has reduced agricultural productivity by almost 40 … find that the mining activity is associated with an increase in poverty, child malnutrition and respiratory diseases. A …
Persistent link: https://www.econbiz.de/10010550558
rule out that our results are driven by increased public expenditure associated to the mining revenue windfall. Using a …
Persistent link: https://www.econbiz.de/10008596149
Mining generates risk of environmental and social harm for Indigenous peoples but can also generate substantial … norm. Especially as mining revenues should, in part, compensate for mining’s negative social and environmental impacts, it … is vital that mineral taxation on Indigenous lands reflect a careful assessment of appropriate tax mechanisms and a …
Persistent link: https://www.econbiz.de/10010578066
Do local populations benet from resource booms? How strong are market linkages between the mining sector and the … production improves living standards in the surroundings of the mines even for households not directly employed in the mining …-overs extend to the rural hinterland of mining cities, neighboring constituencies, and constituencies on the copper transportation …
Persistent link: https://www.econbiz.de/10010820266
taxation and petroleum taxation in particular. The traditional Discounted Cash Flow (DCF) method was used in the quantitative …
Persistent link: https://www.econbiz.de/10010801086
taxation—rather than by resource revenues accruing directly to the government—is more likely to be scrutinized by citizens and … taxation to finance public spending. We conclude that, while it may be difficult to implement such a proposal in existing oil …
Persistent link: https://www.econbiz.de/10010783616