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Resource rents in the diamond industry 2014-19: Rents, issues, methods, and data availability

Author

Listed:
  • Anton Löf
  • Olof Löf
  • Magnus Ericsson

Abstract

The focus of this study is rent in the diamond industry. Based on extensive datasets and a discussion of all relevant costs, we present resource rent statistics from the diamond industry in key producer countries in emerging economies such as Angola, Botswana, Democratic Republic of the Congo, Lesotho, Namibia, Sierra Leone, and South Africa, as well as the Russian Federation. Resource rents give an indication of the available space for taxation.

Suggested Citation

  • Anton Löf & Olof Löf & Magnus Ericsson, 2021. "Resource rents in the diamond industry 2014-19: Rents, issues, methods, and data availability," WIDER Working Paper Series wp-2021-39, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2021-39
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2021-39-resource-rents-diamond-industry.pdf
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    References listed on IDEAS

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    1. James M. Otto, 2017. "The taxation of extractive industries: Mining," WIDER Working Paper Series wp-2017-75, World Institute for Development Economic Research (UNU-WIDER).
    2. James Otto & Craig Andrews & Fred Cawood & Michael Doggett & Pietro Guj & Frank Stermole & John Stermole & John Tilton, 2006. "Mining Royalties : A Global Study of Their Impact on Investors, Government, and Civil Society," World Bank Publications - Books, The World Bank Group, number 7105.
    3. Magnus Ericsson & Olof Löf, 2017. "Mining's contribution to low- and middle-income economies," WIDER Working Paper Series wp-2017-148, World Institute for Development Economic Research (UNU-WIDER).
    4. James M. Otto, 2017. "The taxation of extractive industries: Mining," WIDER Working Paper Series 075, World Institute for Development Economic Research (UNU-WIDER).
    5. Magnus Ericsson & Olof Löf, 2019. "Mining’s contribution to national economies between 1996 and 2016," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 32(2), pages 223-250, July.
    6. World Bank, 2011. "The Changing Wealth of Nations : Measuring Sustainable Development in the New Millennium," World Bank Publications - Books, The World Bank Group, number 2252.
    7. Magnus Ericsson & Olof Löf, 2017. "Mining’s contribution to low- and middleincome economies," WIDER Working Paper Series 148, World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

    1. Tony Addison & Alan R. Roe, 2024. "Extractive industries: transforming states and improving economic management," WIDER Working Paper Series wp-2024-33, World Institute for Development Economic Research (UNU-WIDER).

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    More about this item

    Keywords

    resource rent; diamond; Tax; Minerals; Industrial policy; World Bank; Africa;
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