Construct · 1 fields · 1 citations

resource rent tax: a standalone construct

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Natural resource economics

tax on the cash flows of resource projects that applies only after a threshold rate of return is earned, aiming to capture rent without deterring investment.

In natural resource economics, resource rent tax refers to tax on the cash flows of resource projects that applies only after a threshold rate of return is earned, aiming to capture rent without deterring investment. This meaning comes from Garnaut (1975) in The Economic Journal.[1]

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Nearby constructs

capture4 fields · 4 citationsjingle · one word, four constructs investment2 fields · 2 citationsjingle · one word, two constructs natural3 fields · 7 citationsjingle · one word, three constructs

References

Garnaut, R., & Ross, A. C. (1975). Uncertainty, Risk Aversion and the Taxing of Natural Resource Projects. The Economic Journal, 85(338), 272. https://doi.org/10.2307/2230992

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