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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
We investigate whether mining affects local-level corruption in Africa. Several cross-country analyses report that … 500 industrial mines. Using a difference-in-differences strategy, we find evidence that mining increases bribe payments …. Mines are initially located in less corrupt areas, but mining areas turn more corrupt after mines open and actively produce …
Persistent link: https://www.econbiz.de/10010530535
explore how the mining industry has been managed, and wider economic management during boom periods. We find that successive … ringfence and prudently use the mineral revenues from copper mining in building productive capacities remains elusive. Instead …
Persistent link: https://www.econbiz.de/10011947060
this exogenous variation, we show that during 2002-07, mining activities in response to the global commodity price …
Persistent link: https://www.econbiz.de/10011571830
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
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
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
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