Taxation and Pricing of Petroleum Products in Developing Countries : A Framework for Analysis with Application to Nigeria

A Framework for Analysis with Application to Nigeria

Taxation and Pricing of Petroleum Products in Developing Countries : A Framework for Analysis with Application to Nigeria
Using the modern theory of public economics as the point of departure, this paper outlines a basic principle for setting taxes and/or prices of commodities based on two key criteria, efficiency and equity. The paper shows that for petroleum products, the basic principle needs modification in the presence of various externalities and market... READ MORE...

Publication date: February 2003
ISBN 9781451846232
$15.00

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