An energy Btu tax alternative
Article Abstract:
Ramsey's derivation of optimal commodity tax formula or the Ramsey rule is the most popular example on the theory of excess burden and optimal taxation. A tax rate is developed by extending the Ramsey tax rule. Total excess burden is minimized. This proposed tax rate is used by the government as a guide in efficiently levying a tax by minimizing total excess burden. The total excess burden obtained by the proposed tax rate is much less than those proposed by the Clinton Administration.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1995
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Taxation of petroleum companies possessing private information
Article Abstract:
A petroleum taxation model shows that efficient producers are bound to enjoy an information rent because they possess private information. As a result, the government has to contend with maximizing the total resource rent versus capturing a high percentage of the rent. Assuming symmetric information, petroleum taxation models usually recommend neutral taxation. The optimal tax regime is shown to be a menu of linear tax contracts that consists of a distortive royalty and a license fee.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1995
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What is driving China's decline in energy intensity?
Article Abstract:
A data of close to 2500 of ChinaEs energy intense enterprise is studied to understand the decline of energy intensity during 1977-1999, at the beginning of the economic reforms in China. The results showed that the rise in energy prices, research and development costs, changes in the industrial structure are the real reasons for the decline in intensity and energy use in China
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 2004
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