Publication Date
1990
Recommended Citation
Hanf, Claus-Hennig and Thampapillai, Dodo J., Optimal taxation policies for a nonrenewable but quasi-infinite energy resource: a two-period framework, Department of Economics, University of Wollongong, Working Paper 90-1, 1990, 9.
https://ro.uow.edu.au/commwkpapers/315
Abstract
This paper deals with the formulation of a resource extraction tax for a resource that is finite yet relatively abundant in its availability. The basis for the formulation is the higher extraction costs that are imposed on future generations as a result of present extraction. The optimal size of tax is determined by the trade-off between present losses and future gains.
COinS