Abstract: Many western provinces inChina have advantages in developing industries of natural resources. To turn their resource advantages into economic advantages requires many systematic and institutional reforms in property rights, use of natural resources and distribution of rents, pricing, resource taxation and general transfer payments. This article discusses the role of resource tax in building regional fiscal capacity, and puts forth, based on international comparative experience, suggestions on the use of natural resources and rent distribution in China.
Keywords: Natural resources, Rent distribution, Resource tax, Regional disparities of fiscal capacity
Source: China Finance and Economic Review, Volume 2, No.2, 2013