reexamine Ramsey's inverse elasticity rule in presence of Hotelling-type non-renewable natural resources. Under standard … extraction obeys an inverse elasticity rule almost identical to that of a commodity whose supply is perfectly elastic. As a … sole effect of the tax, it is determined by a rule reminiscent of the inverse elasticity rule applying to elastically …

reexamine Ramsey’s inverse elasticity rule in presence of Hotelling-type non-renewable natural resources. Under standard … discoveries, the optimal tax rate on extraction obeys an inverse elasticity rule almost identical to that of a commodity whose … extraction. When that distortion is the sole effect of the tax, it is determined by a rule reminiscent of the inverse elasticity …

reexamine Ramsey's inverse elasticity rule in presence of Hotelling-type non-renewable natural resources. Under standard …, in the absence of any subsidy to reserve discoveries, the optimal tax rate on extraction obeys an inverse elasticity rule … sole effect of the tax, it is determined by a rule reminiscent of the inverse elasticity rule applying to elastically …

reexamine Ramsey's inverse elasticity rule in presence of Hotelling-type non-renewable natural resources. Under standard …, in the absence of any subsidy to reserve discoveries, the optimal tax rate on extraction obeys an inverse elasticity rule … sole effect of the tax, it is determined by a rule reminiscent of the inverse elasticity rule applying to elastically …

reexamine Ramsey’s inverse elasticity rule in presence of Hotelling-type non-renewable natural resources. Under standard … discoveries, the optimal tax rate on extraction obeys an inverse elasticity rule almost identical to that of a commodity whose … extraction. When that distortion is the sole effect of the tax, it is determined by a rule reminiscent of the inverse elasticity …