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We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would influence an investor’s investment behavior. The model recognizes the role of enhanced oil recovery and treats the impact of taxation on exploration and development in an integrated manner consistent with an investor’s joint optimization of investments at both stages of the process. The model is simple and user-friendly, which facilitates application to a broad range of problems.

TJ / Tajikistan - Tadzjikistan - Tadjikistan --- 307.0 --- 331.31 --- 331.30 --- 330.580 --- 330.548 --- 338.047 --- 330.540 --- Algemene statistische documentatie. Statistische jaarboeken. Grafieken. Statistische gegevensbanken. --- Economisch beleid. --- Economische toestand. --- Gecontroleerde economie. Geleide economie. Welvaarststaat. Algemeenheden. --- Nationalisatie. Privatiseringen. --- Privé en openbare bedrijven. Openbare diensten. Gemengde economie. --- Socialistische stelsels: algemeenheden. --- Petroleum industry and trade. --- Petroleum --- Petroleum industry and trade --- Mineral oils --- Energy industries --- Oil industries --- Taxation. --- Mathematical models. --- Taxation --- Tajikistan --- Economic conditions --- Economic policy --- E-books --- Algemene statistische documentatie. Statistische jaarboeken. Grafieken. Statistische gegevensbanken --- Economisch beleid --- Economische toestand --- Gecontroleerde economie. Geleide economie. Welvaarststaat. Algemeenheden --- Nationalisatie. Privatiseringen --- Privé en openbare bedrijven. Openbare diensten. Gemengde economie --- Socialistische stelsels: algemeenheden --- Investments: Energy --- Macroeconomics --- Corporate Taxation --- Efficiency --- Optimal Taxation --- Business Taxes and Subsidies --- Mining, Extraction, and Refining: Hydrocarbon Fuels --- Mining, Extraction, and Refining: Other Nonrenewable Resources --- Exhaustible Resources and Economic Development --- Nonrenewable Resources and Conservation: Government Policy --- Energy: Demand and Supply --- Prices --- Energy: General --- Taxation, Subsidies, and Revenue: General --- Investment & securities --- Public finance & taxation --- Corporate & business tax --- Oil prices --- Oil --- Corporate income tax --- Marginal effective tax rate --- Production sharing --- Commodities --- Taxes --- Tax policy --- Corporations --- Tax administration and procedure --- Oil and gas leases --- Papua New Guinea

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