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Revenues from National Resource Taxation – both a blessing and a curse

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  • Jan Werner

Abstract

There are 31 oil producing countries in the world where fiscal oil revenues account more than 25 percent of total fiscal revenue. However, revenues from national resource taxation are not always a blessing. This paper therefore explains the Dutch disease and describes National resource funds, instruments to reduce the negative economic effects of the Dutch disease.

Suggested Citation

  • Jan Werner, 2012. "Revenues from National Resource Taxation – both a blessing and a curse," Working Papers 03-2012, Institute of Local Public Finance.
  • Handle: RePEc:lpf:wpaper:03-2012
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    References listed on IDEAS

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    1. Jan Werner, 2009. "Fiscal Solidarity: Key Benefits and Pitfalls for Spain to Lower their Fiscal Conflicts," Working Papers 02-2009, Institute of Local Public Finance.
    2. Jan Werner & Laurent Guihéry & Ognjen Djukic, 2006. "Fiscal Federalism in Bosnia and Herzegovina: Ten Years after the Dayton Treatment and Still not in a Steady Condition," Post-Print halshs-00300713, HAL.
    3. Davis, Graham A., 1995. "Learning to love the Dutch disease: Evidence from the mineral economies," World Development, Elsevier, vol. 23(10), pages 1765-1779, October.
    4. Xavier Sala-I-Martin & Gernot Doppelhofer & Ronald I. Miller, 2004. "Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach," American Economic Review, American Economic Association, vol. 94(4), pages 813-835, September.
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