Resource depletion rent and its implications on optimal depletion in selected oil producing countries in Southeast Asia

The allocation of natural resource rent - petroleum has assumed a new dimension in the oil producing countries of Southeast Asia in the 1970s as Production Sharing Contracts (PSC) replaces the concession system. This paper analyses the Inherent weaknesses of the major provisions of production sharin...

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Main Author: Wan, Leong Fee
Format: Article
Language:English
Published: Malaysian Agricultural Economics Association 1984
Online Access:http://psasir.upm.edu.my/id/eprint/39924/
http://psasir.upm.edu.my/id/eprint/39924/1/Resource%20depletion%20rent%20and%20its%20implications%20on%20optimal%20depletion%20in%20selected%20oil%20producing%20countries%20in%20Southeast%20Asia.pdf
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author Wan, Leong Fee
author_facet Wan, Leong Fee
author_sort Wan, Leong Fee
building UPM Institutional Repository
collection Online Access
description The allocation of natural resource rent - petroleum has assumed a new dimension in the oil producing countries of Southeast Asia in the 1970s as Production Sharing Contracts (PSC) replaces the concession system. This paper analyses the Inherent weaknesses of the major provisions of production sharing contracts, that is, cost recovery, profit sharing and production sharing all of which fail to capture what the author has conceptualised as the resource depletion rent.
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spelling upm-399242015-09-29T02:07:26Z http://psasir.upm.edu.my/id/eprint/39924/ Resource depletion rent and its implications on optimal depletion in selected oil producing countries in Southeast Asia Wan, Leong Fee The allocation of natural resource rent - petroleum has assumed a new dimension in the oil producing countries of Southeast Asia in the 1970s as Production Sharing Contracts (PSC) replaces the concession system. This paper analyses the Inherent weaknesses of the major provisions of production sharing contracts, that is, cost recovery, profit sharing and production sharing all of which fail to capture what the author has conceptualised as the resource depletion rent. Malaysian Agricultural Economics Association 1984-12 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/39924/1/Resource%20depletion%20rent%20and%20its%20implications%20on%20optimal%20depletion%20in%20selected%20oil%20producing%20countries%20in%20Southeast%20Asia.pdf Wan, Leong Fee (1984) Resource depletion rent and its implications on optimal depletion in selected oil producing countries in Southeast Asia. Malaysian Journal of Agricultural Economics, 1 (1). pp. 32-56. ISSN 0127-7685
spellingShingle Wan, Leong Fee
Resource depletion rent and its implications on optimal depletion in selected oil producing countries in Southeast Asia
title Resource depletion rent and its implications on optimal depletion in selected oil producing countries in Southeast Asia
title_full Resource depletion rent and its implications on optimal depletion in selected oil producing countries in Southeast Asia
title_fullStr Resource depletion rent and its implications on optimal depletion in selected oil producing countries in Southeast Asia
title_full_unstemmed Resource depletion rent and its implications on optimal depletion in selected oil producing countries in Southeast Asia
title_short Resource depletion rent and its implications on optimal depletion in selected oil producing countries in Southeast Asia
title_sort resource depletion rent and its implications on optimal depletion in selected oil producing countries in southeast asia
url http://psasir.upm.edu.my/id/eprint/39924/
http://psasir.upm.edu.my/id/eprint/39924/1/Resource%20depletion%20rent%20and%20its%20implications%20on%20optimal%20depletion%20in%20selected%20oil%20producing%20countries%20in%20Southeast%20Asia.pdf