Taxation, depletion, and welfare: a simulation study of the U.S. petroleum resource

Article Abstract:

The effects of taxes on property, production and corporate income on petroleum exploration and production in the US are examined. The rates for all three tax categories are selected to yield the same present value tax revenue, so the excess burdens of alternative taxes and the impact of each tax category on incentives to explore and produce can be compared. Simulation results show that porperty and production taxes result in substantial deadweight losses.

Management, Taxation, Petroleum, Groundwater flow, Depletion allowances

---

On endogenous growth: the implications of environmental externalities

Article Abstract:

A study was conducted on the interaction between trade, economic development and the environment using an endogenous growth model. The results indicate that the effect of trade on growth depends on the relation between factor intensities of exportable, importable and R&D and the factor R&D uses more intensively. The long-term rate of economic development changes with environmental externalities depending on the intertemporal elasticity of substitution.

Economic development, International trade

---

Assessing the relationship between government policy and deforestation

Article Abstract:

The correlation between public policies and deforestation is investigated using a general equilibrium model. The model depicts forests either as a market input which leads to the manufacture of forest products or as a natural resource that provides consumption benefits. The government policies evaluated include taxes on timber cutting, log export controls, agricultural policies as well as transportation and employment opportunity improvements.

Political aspects, Deforestation, Environmental policy, Forest declines, Forest dieback

Similar abstracts:

• Abstracts: Compliance and enforcement: air pollution regulation in the U.S. steel industry. Plant vintage, technology, and environmental regulation
• Abstracts: Land use externalities: mechanism design for the allocation of environmental resources. Setting the stakes in environmental contests
• Abstracts: Pollution incidence and political jurisdiction: evidence from the TRI. North-South investment flows and optimal environmental policies
• Abstracts: Standards and regulations: composting guidance in the United Kingdom. Yard trimmings composting in the Air Force
• Abstracts: Environmental policy, adjustment costs, and behavior of the firm. Air pollution abatement costs under the Clean Air Act: evidence from the PACE survey

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.