01723cas a2200241 a 4500 AALejournalIMF001798 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451971729 1018-5941 BD-DhAAL BD-DhAAL Muzondo, Timothy. Alternative Forms of Mineral Taxation, Market Failure and the Environment / Timothy Muzondo. Washington, D.C. : International Monetary Fund, 1992. 1 online resource (44 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the environmental effects of mineral taxes in a framework that recognizes the importance of rates and cumulative externalities and proposes an appropriate corrective tax. It concludes that mineral resources taxation should combine neutral taxes with a dynamic Pigovian type tax proposed in the paper. Such a tax resembles a specific tax plus an element that depends on the amount of remaining reserves. This resemblance means that, in practice, specific taxes may act as proxies for environmental taxes. The paper also points at complementarities and tradeoffs between economic and environmental concerns that could arise in reforming mineral taxes. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1992/049 Full text available on IMF http://elibrary.imf.org/view/journals/001/1992/049/001.1992.issue-049-en.xml IMF e-Library