タイトル(掲載誌)Discussion Papers In Economics And Business
一般注記This paper sets a small open economy model in which the government can raise the efficiencies of production and extraction of a non-renewable natural resource by spending the budget raised through income tax. Using this model, we examine the optimal government expenditure on the production technology and that on the extraction technology. The results are as follows. If revenue of natural resource is high, the optimal expenditure on the extraction technology is high, while the optimal expenditure on production technology is independent of the natural resource revenue. Moreover, if the ratio of the optimal expenditure for improvement of extraction technology to the resource revenue is higher (lower) than the optimal tax rate under the depletion of the natural resource, the optimal tax rate before the depletion is higher (lower) than that after the depletion.
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)