English, Article, Journal or magazine article edition: Estimation of Timber Rent and the Efficiency of Increasing Rental Payments in Russia Eismont Oleg; Logvin Aleksey; Petrov Anatoly

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Bookmark: http://trove.nla.gov.au/version/161567
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Estimation of Timber Rent and the Efficiency of Increasing Rental Payments in Russia
Author
  • Eismont Oleg
  • Logvin Aleksey
  • Petrov Anatoly
Physical Description
  • preprint
Notes
  • Though Russia is very rich in natural resources, the share of natural resource rental payments in budget revenues is very low, less than 4% of the consolidated budget. Like many other natural resources in Russia, timber is under-priced, due, largely, to low stumpage fees. In this paper, timber rent in Russia is estimated, using normative data on logging as well as data on timber auctions. The prospects of shifting the tax burden from labor to timber rent are analyzed. It is shown that stumpage fees in Russia can be substantially increased, making it possible to lower other distortionary taxes (e.g., payroll tax), thus raising the efficiency of the tax system.
  • Russia, timber rent, taxes
  • RePEc:eer:wpalle:01-13e
Language
  • English
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