Petroleum Rent Collection Around the World

Nova Scotia: The Institute for Research on Public Policy, 1987. Y3 - A paperback book in very good condition that has some bumped corners, some chipping on the cover edges, sides and corners, previous owner's name written on the front top right corner, some light discoloration and shelf wear. With Postscript by Campbell Watkins. 9"x6", 363 pages. Satisfaction Guaranteed. This study applies financial models to compare the collection of economic rent in selected oil-producing jurisdictions around the world. In every case the quantitative analysis measures the magnitude and share of the potential rent that accrues to the national (and provincial or state) governments over a range of different exploitation cost conditions, oil prices, field sizes and discount rates. Evaluations are made of the extent to which the fiscal systems "automatically" respond to changes in economic circumstances and are "efficient" for rent collection purposes. The study examines 13 jurisdictions: Australia, Alaska, China (offshore), Egypt, Indonesia, Malaysia, Nigeria, Norway, Texas, the United Kingdom, the United States Outer Continental Shelf and, for Canada, Alberta and the Canada Lands (prior to the National Energy Program, under the NEP, and post-NEP).. Paperback. Very Good/No Jacket as Issued. 8vo - over 7¾" - 9¾" tall.