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The resource rent for Norwegian natural gas
1990Natural gas is a non-renewable resource. This means that both for society and for a private producer there is an additional cost beyond the costs of extraction and transportation. This cost is called the Hotelling rent or the (marginal) resource rent, and reflects that increased present extraction affects the possibility and profitability of future ...
Rolf Golombek, Michael Hoel
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Appraisal of natural resources rents and economic development
Resources Policy, 2016Abstract Economic development could be analyzed according to different inputs. As the inputs natural resources rents should be consider for the investigation of the economic development. In this study 5 natural resources rents were investigated in order to determine which of the natural resource rent has the highest influence on the economic ...
Srđan Jović +2 more
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Investment of Natural Resource Rents for Development in Myanmar
SSRN Electronic Journal, 2017The main objective of this paper is to analyse the resource management issues in macroeconomic perspective for Myanmar. We identify various gaps to improve the overall performance of the economy and provide a benchmarking for translating the resources to promote sustainable consumption as well as saving and investment behaviour in the economy.
Shabbir Ahmad, Saleem Hassan Ali
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Natural resources, rent seeking and welfare
Journal of Development Economics, 2002Abstract A new and very simple mechanism to explain why natural resource abundance may lower income and welfare is developed. In a model with rent seeking, a greater amount of natural resources increases the number of entrepreneurs engaged in rent seeking and reduces the number of entrepreneurs running productive firms.
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Natural resource programming models and scarcity rents
Resources and Energy, 1982Abstract Many recent energy policy models have employed mathematical programming methods for integrating crude energy extraction, refining and/or consumption. In this paper we develop and discuss three mathematical programming model formulations of natural resource allocation — subsuming energy resource allocation as a special case — to illustrate ...
John G. Rowse, Lawrence W. Copithorne
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The natural dividend: An introduction to resource rents
Acta SociologicaThis article introduces the concept of a Natural Dividend and describes the three types of rent that combine to produce it: a differential rent, a regulatory rent, and a locational rent. Each of these rents is associated with a classical economist (Ricardo, Marx and George, respectively), and each is shown to be a product of nature, society and/or the ...
Jonathon W Moses, Anne M Brigham
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Rent-seeking in natural resource quota allocations
Public Choice, 1998This paper examines the incentives for rent-seeking in the allocation of natural resource quotas to competing user groups by political bodies. The political body has discretion in making the allocation, and competing user groups rent-seek to influence the allocation.
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Natural Resource Dependency and Entrepreneurship: Are Nations with High Resource Rents Cursed?
Journal of International Development, 2018AbstractTesting the hypothesis that the resource curse promotes rent‐seeking behaviour at the expense of entrepreneurship, we examine the relationship between natural resource rents and new business creation using a panel of 116 countries spanning the period 2001–2012.
Dustin Chambers, Jonathan Munemo
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Targeting rents: Global taxes on natural resources
European Journal of Political Theory, 2017In the debate on global justice, proposals to tax natural resources in order to reduce global poverty and fund other worthwhile objectives have attracted scholarly attention and controversy. In this article, I argue that this debate can be advanced by more clearly focusing on natural resource rents rather than resources themselves or the ...
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Rent Payments And the Economic Evaluation of Natural Resources
Problems in Economics, 1970The notion exists among certain economists that the economic evaluation of natural resources and land areas is the oretically unsubstantiated and practically impossible since, according to them, land and its natural resources are not the product of labor and do not have value, and therefore cannot have price or monetary evaluation.
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