G2TT
来源类型Working papers
规范类型论文
DOI10.3929/ethz-a-006145107
Endogenous growth, asymmetric trade and resource taxation
Bretschger, Lucas; Valente, Simone
发表日期2010-08
出版者ETH Zurich, Center of Economic Research (CER-ETH)
出版年2010
语种英语
摘要Since 1980, the aggregate income of oil-exporting countries relative to that of oil-poor countries has been remarkably constant despite structural gaps in productivity growth rates. This stylized fact is analyzed in a two-country model where resource- poor (Home) and resource-rich (Foreign) economies display productivity differences but stable income shares due to terms-of-trade dynamics. We show that Home's income share is positively related to the national tax on domestic resource use, a prediction con rmed by dynamic panel estimations for sixteen oil-poor economies. National governments have incentives to deviate from both efficient and laissez-faire allocations. In Home, increasing the oil tax improves welfare through a rent-transfer mechanism. In Foreign, subsidies (taxes) on domestic oil use improve welfare if R&D productivity is lower (higher) than in Home.
主题Endogenous Growth ; Exhaustible Resources ; International Trade
URLhttps://www.research-collection.ethz.ch/handle/20.500.11850/27070
来源智库Centre for Energy Policy and Economics (Switzerland)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/266680
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GB/T 7714
Bretschger, Lucas,Valente, Simone. Endogenous growth, asymmetric trade and resource taxation. 2010.
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