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  • 1
    Language: English
    Pages: Online-Ressource (42 S.) , graph. Darst.
    Series Statement: OECD trade policy papers 155
    Keywords: Exportbeschränkung ; Exportsteuer ; Ausfuhrverbot ; Cournot-Wettbewerb ; Rohstoffwirtschaft ; Bergbau ; Rohstoff ; Internationale Handelspolitik ; Trade ; Industry and Services ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Governments intervene in non-renewable natural resources sectors more than in many others, including through the use of export taxes and quotas. Industrial raw materials sectors are characterized by a number of specificities: production is often geographically concentrated, firms are often large with substantial market power, production processes are highly capital intensive, products are relatively homogeneous and potentially substantial differences in costs of production are prevalent. This paper aims to increase understanding of the economic effects of export restrictions, in particular as they apply to the mining sector. It ascertains the prevalence of export restrictions on metals and minerals, proposes a Cournot-Nash model of export restrictions, suggests some of the economic effects due to the presence of export restrictions, and draws some implications for trade policy among producing and consuming countries of non-renewable natural resources.
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  • 2
    Language: English
    Pages: Online-Ressource (57 S.) , graph. Darst.
    Series Statement: OECD trade policy papers 145
    Keywords: Bergbau ; Regulierung ; Chile ; Trade ; Chile ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Mineral resources present a formidable source of wealth but a formidable challenge to regulate in order to maximize social welfare from their extraction. Some resource-rich countries, such as Chile, have been successful in developing their economies and managing their revenue streams effectively. Strong institutions and regulatory oversight have helped to capitalize on the benefits of the mining sector for economy-wide growth and development in Chile. This paper identifies some of the good practice areas in mining regulation in Chile whose economy has shown strong growth over most of the last two decades. Some of the areas touched on in this paper are the taxation of the minerals sector, management of the tax revenue, and policies designed to foster spillovers into other sectors of the economy and make the most of Chile’s comparative advantage as a long-time global leader in the copper industry. The paper concludes that there is much to be learned from the Chilean experience in regulating its mining sector and many areas where it could be well used as a model for other mineral rich economies wishing to develop their mining sectors to enhance economy-wide growth.
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  • 3
    Language: English
    Pages: Online-Ressource (61 S.) , graph. Darst.
    Series Statement: OECD trade policy papers 186
    Keywords: Bergbau ; Rohstoffwirtschaft ; Exportbeschränkung ; Außenwirtschaftspolitik ; Korruption ; Peru ; Kolumbien ; Trade ; Colombia ; Peru ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Managing and regulating the extractive industries can pose substantial challenges to minerals-rich countries. Aiming to overcome the “resource curse”, some countries attempt to generate greater gains from their natural resources by using trade policy instruments such as export restrictions. Others look to create a balanced regulatory framework to maximise gains from sustainable extraction and minimise the negative spillover effects. Colombia and Peru have aimed to do the latter. This study examines their experiences as regards some aspects of the management of their extractive industries. In particular, it examines the design of the tax system as it applies to non-renewable resources, the reform of the distribution of revenues from the sector, and strategies for tackling illegal mining. These policy areas are important to ensure that the extraction of natural resources benefits the economies and societies of the two Andean nations.
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