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Persistent link: https://www.econbiz.de/10005752051
The article considers fiscal policy in countries that build on the use of nonrenewable natural resources. "Oil GDP," natural rent, and fiscal proceeds from the oil sector are estimated for Russia. These and similar parameters are compared across major oil-producing countries. An econometric...
Persistent link: https://www.econbiz.de/10008592602
Today the broadest possible interpretation of the concept of "subsidy," counting any state intervention that leads to a reduction in prices compared to the level that would exist under free market conditions as a subsidy, is commonly accepted. Proceeding from this concept, the amounts of tax...
Persistent link: https://www.econbiz.de/10008742013