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INTRODUCTION AND SYNOPSIS
MINERALS AND THE ECONOMY
THE SUPPLY PRICE OF INVESTMENT
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additional agreement allocation allow amount applied assessment Australian bilateral monopoly Botswana Brown tax capital cash bonus bidding cent chapter competition corporate cost crude oil decisions deducted depreciation distorting domestic economic rent effect equity expected export extraction favour federal fiscal arrangements foreign government revenue government's higher HRIT important incentives income tax increase Indonesian investors leases less levy marginal ment mineral deposits mineral production mineral rent mining industry monopoly rents natural gas negotiated neutrality oil and gas operate outcomes output Papua New Guinea payments Pertamina petroleum possible PPT and RRT PPT Mark present value price of investment private investors probability distribution problems profit-based quasi-rents raise rate of return rate of tax reduce renegotiation resource rent tax revenue maximization risk aversion rules SAVD sector sovereign risk supply price Tanzania tax rate tax system threshold rate uncertainty valorem royalty Windfall Profit Tax Zambia