000			01922nab a2200325 i 4500
999			_c140346 _d140346
003			ES-MaIEF
005			20230612185851.0
007			ta
008			190405t2019 uk ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
100	1		_957467 _aDay, Creina
245		0	_aSlowing fossil fuel extraction _ba role for taxation of experts, capital gains and interest income _c Creina Day and Garth Day
260			_c2019
500			_aDisponible también en formato electrónico en la Biblioteca del IEF.
500			_aResumen.
504			_aBibliografía.
520			_aThis paper develops amodel of a growing open economy rich in non-renewable resources, the extraction of which negatively impacts domestic productivity and whose sector competes with final production for capital. We analyse how tax rates on capital gains and interest income and the time trend of an export revenue tax rate could slow the extraction of resources for export. We find that taxing capital gains and interest income at the same rate and setting an export revenue tax rate to decline at the marginal social cost of extraction would defer extraction. An export revenue tax rate need not fall over time to curb depletion if capital gains are taxed at a lower rate than interest income, which is second best to taxing asset returns at the same rate when the resources sector competes for capital.
650		4	_948014 _aPETROLEO
650		4	_944069 _aEXPLOTACION
650		4	_944071 _aEXPORTACION
650		4	_943197 _aPLUSVALIAS
650		4	_948255 _aRENDIMIENTOS DE CAPITAL
650		4	_947460 _aIMPUESTOS
650		4	_947776 _aMODELOS ECONOMETRICOS
700	1		_957468 _aDay, Garth
773	0		_9159861 _oOP 1472/2019/1 _tFiscal Studies _w(IEF)55561 _x 0143-5671 [papel] _g v. 40, n. 1, March 2019, p. 91-111
856			_uhttps://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-5890.12167
942			_cART