Modeling the Impact of Taxes on Petroleum Exploration and Development /

We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would influence an...

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Bibliographic Details
Main Author: Smith, James
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/278
Online Access:Full text available on IMF