Amundsen, Eirik S. and Bergman, Lars (2005): International Redistribution of Resource Rents: An alternative perspective on the Kyoto process.
Download (306kB) | Preview
The purpose of this paper is to elucidate the resource rent distribution aspect of the Kyoto process. The paper focuses on the “battle for resource rents” with oil consuming countries on one side and oil producing countries on the other. Our analysis is carried out within the framework of a theoretical model of resource extraction over time. In particular, it is shown how CO2 emission caps may be used by the oil consuming countries, acting under the realm of the Kyoto process, to maximize the rent acquisition from oil producing countries and how the oil producing countries may constrain this possibility by exercising market power. The paper also compiles data and numerical results regarding the order of magnitudes of resource rents redistribution.
|Item Type:||MPRA Paper|
|Original Title:||International Redistribution of Resource Rents: An alternative perspective on the Kyoto process|
|Keywords:||Resource rents, environmental taxes, market form|
|Subjects:||H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H21 - Efficiency; Optimal Taxation
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q4 - Energy > Q41 - Demand and Supply
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q3 - Nonrenewable Resources and Conservation > Q34 - Natural Resources and Domestic and International Conflicts
|Depositing User:||Eirik S. Amundsen|
|Date Deposited:||19. Sep 2008 13:40|
|Last Modified:||12. Feb 2013 17:28|
Amundsen, E. S. (1992) Théorie des ressources épuisables et rente pétrolière. Paris: Economica.
Amundsen, E. S. and R. Schöb (1999); Environmental Taxes on Exhaustible resources; European Journal of Political Economy 15, 311-329
Amundsen, E.S., D. Lønning, and H. Rasmussen (1995); An Analysis of International CO2 Agreements, Norwegian Ministry of Foreign Affairs, Working Paper No 57/95, Bergen: SNF
Berg, E, S. Kverndokk and K.E. Rosendahl (1997); Market power, International CO2 Taxation and Petroleum Wealth; Energy Journal 18 (4), 33 –71.
Bergstrom, T. (1982); On capturing oil rents with a national excise tax; American Economic Review 72, 194-201.
Conrad, R.F. and B. Hool (1981); Resource Taxation with Heterogeneous Quality and Endogenous Reserves;, Journal of Political Economy 16, 17-33.
Dasgupta, P.S. and G. M. Heal (1979) Economic Theory and Exhaustible resources. London: Cambridge university Press.
Deacon, R.T. (1993); Taxation, Depletion and Welfare: A Simulation Study of the U.S. Petroleum Resource; Journal of Environmental Economics and Management 24,159-87.
Farzin, Y.H. (1996); Optimal pricing of environmental and natural resource use with stock externalities; Journal of Public Economics 62, 31-57.
IEA; Energy Prices and Taxes, various issues”, OECD, Paris.
Karp, L.S. (1984); Optimality and Consistency in a Differential Game with Nonrenewable Resources; Journal of Economic Dynamics and Control 8 (1), 73-97.
Karp, L .S. and D. M. Newbery (1991); OPEC and the U.S. Oil Import Tariff, The Economic Journal 101, 303-313.
Karp, L.S. and D. M. Newbery (1991); Optimal tariffs on exhaustible resources; Journal of International Economics 30, 285-299.
Karp, L.S. and D. M. Newbery (1992); Dynamically consistent oil import tariffs; Canadian Journal of Economics 25, No1. 1-21.
Kverndokk, S., L. Lindholt and K.E. Rosendahl, (2000); Stabilisation of CO2 concentrations: Mitigation scenarios using the Petro model; Discussion Papers No. 267, February 2000, Statistics Norway, Research Department.
Krautkraemer, J.A. (1990); Taxation, Ore Quality, and the Depletion of a Non-renewable Resouce; Journal of Environmental Economics and Management 18,120-35.
Maskin, E. And D. M. Newbery (1990); Disadvantageous Oil Tariffs and Dynamic Consistency; The American Economic Review 80, No 1, 143-56.
Newbery, D., (1976); A Paradox in Tax Theory: Optimal Tariffs on Exhaustible Resources, SEER Technical Paper, Stanford Univ., mimeo.
Perman, R. et al. (1999) Natural Resource and Environmental Economics, New York: Longman, 2. Ed.
Prell, M.A. (1996); Backstop Technology and Growth: Doomsday or Steady-State?, Journal of Environmental Economics and Management 30(2), 252-254.
Stiglitz, J.E (1976); Monopoly and the rate of extraction of exhaustible resources, American Economic Review, Sept. 66, 655-661
Wirl, F. (1994); Pigouvian Taxation of Energy for Flow and Stock Externalities and Strategic, Noncompetitive Energy Pricing; Journal of Environmental Economics and Management 26 1-18.