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Rent Taxes on Natural Resources in Norway: A Short Overview

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  • Eirik S. Amundsen

Abstract

For a long time, Norway has had resource rent taxes on oil- and natural gas extraction as well as on hydropower generation. Recently, resource rent taxes have also been levied on aquaculture, and wind power generation. This paper, gives a short overview of the rent theory, the basis for rent generation in Norway, the size of rent generated, the Norwegian tax system for resource rent for each of the resources considered, and the rent taxes collected.

Suggested Citation

  • Eirik S. Amundsen, 2024. "Rent Taxes on Natural Resources in Norway: A Short Overview," CESifo Working Paper Series 10911, CESifo.
    • Handle: RePEc:ces:ceswps:_10911
    as

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    File URL: https://www.cesifo.org/DocDL/cesifo1_wp10911.pdf
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    References listed on IDEAS

    as
    1. Lewis Cecil Gray, 1914. "Rent under the Assumption of Exhaustibility," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 28(3), pages 466-489.
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    More about this item

    Keywords

    natural resources; rent taxes; oil and gas; hydropower; wind power; aquaculture;
    All these keywords.

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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