Mining fiscal systems and resource rents: evidence from oil and gas producing countries

Crawford School of Public Policy | Arndt-Corden Department of Economics
https://pixabay.com/illustrations/barrel-environment-game-oil-2557164/

Event details

PhD Seminar (Econ)

Date & time

Friday 25 October 2019
9.30am–11.00am

Venue

Acton Theatre

Speaker

Abdul Nasir

Contacts

Dr Ryan Edwards

This paper investigates the causal impacts of mining fiscal systems on generating resource rents from oil and gas extraction. This study covers 81 oil and gas producing countries during the period 1970-2015. It is found that a resource rent tax or its combination with a gross royalty tax perform better than a gross royalty tax in generating oil and gas rents. The significantly positive impacts of this mining fiscal system, however, only happen in developing countries, democratic countries, or countries with greater freedom. In developed nations, non-democratic countries, and countries with lower levels of freedom, the impacts disappear.

Updated:  21 November 2019/Responsible Officer:  Crawford Engagement/Page Contact:  CAP Web Team