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Nguyen Manh Hung
Sales Tax: Specific or Ad Valorem Tax for a Non-renewable Resource?
Xuất bản: 27 July, 2022
This paper shows that for a time-independent specific tax and a time-independent ad valorem tax that induce the same competitive equilibrium in the Hotelling model of resource extraction, the ad valorem tax yields a higher level of discounted tax revenues...
Exhaustible Resources, Technology Transition, And Endogenous Fertility in an Overlapping – Generations...
Xuất bản: 27 July, 2022
The paper presents a synthesis of the economics of exhaustible resources and that of endogenous fertility in an overlapping-generations model. Renewable energy is produced by a backstop, while the consumption good is produced from energy – provided...