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Resource-location patterns and state severance taxes: some empirical evidence

Journal Article · · Nat. Resour. J.; (United States)
OSTI ID:5700343
State severance tax rates and collection from mineral resources are related, among other things, to the industrial structure of the extractive industry and geographic resource location patterns. The more concentrated the geographical location of a natural resource, the greater a state's power to levy a tax on the resource and the more likely a state will have such a tax. Documented patterns of resource taxation reflect basic revenue maximizing principles embraced by state governments in establishing their tax structure. States levying a flat severance tax rate on all natural resources run the serious risk of impeding the extraction of resources which are also produced in many other states. 8 tables.
Research Organization:
Louisiana State Univ., Baton Rouge
OSTI ID:
5700343
Journal Information:
Nat. Resour. J.; (United States), Journal Name: Nat. Resour. J.; (United States) Vol. 23:2; ISSN NRJOA
Country of Publication:
United States
Language:
English