Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile

In economic theories, institutional change usually occurs in response to changes in relative prices. Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining ta...
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Gespeichert in:

Autor*in:	Castillo, Emilio [verfasserIn] Hancock, Kathleen J. [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2022

Schlagwörter:	Mineral policy Multiple streams framework Mining taxation Policy change Chile Natural resources

Übergeordnetes Werk:	Enthalten in: Resources policy - Amsterdam [u.a.] : Elsevier Science, 1974, 77
Übergeordnetes Werk:	volume:77

DOI / URN:	10.1016/j.resourpol.2022.102722

Katalog-ID:	ELV009884807

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520			\|a In economic theories, institutional change usually occurs in response to changes in relative prices. Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining tax reform that took place before a major increase in mineral commodity prices and when market analysts and political leaders expected prices to remain relatively constant. Using the Multiple Streams Framework, we find that the policy community combined with anticipated elections explains the initial failure of mining tax reforms in 2004 and then successful reform in 2005. We do not find that the national mood (part of the problem stream) played a key role in the reforms; it remained unchanged during this period, and even now, and thus cannot account for change. Furthermore, we develop and find support for two hypotheses on institutional maturity and issue complexity: when states have mature democratic institutions and the policy is complex, we expect policy entrepreneurs and the policy stream to have a greater impact than in states with weak institutions and less complex issues. We thus contribute by solving an empirical puzzle on mining policy and by proposing new hypotheses to investigate with the Multiple Streams Framework.
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allfields	10.1016/j.resourpol.2022.102722 doi (DE-627)ELV009884807 (ELSEVIER)S0301-4207(22)00170-2 DE-627 ger DE-627 rda eng 330 VZ 83.63 bkl Castillo, Emilio verfasserin (orcid)0000-0003-2564-3873 aut Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile 2022 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In economic theories, institutional change usually occurs in response to changes in relative prices. Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining tax reform that took place before a major increase in mineral commodity prices and when market analysts and political leaders expected prices to remain relatively constant. Using the Multiple Streams Framework, we find that the policy community combined with anticipated elections explains the initial failure of mining tax reforms in 2004 and then successful reform in 2005. We do not find that the national mood (part of the problem stream) played a key role in the reforms; it remained unchanged during this period, and even now, and thus cannot account for change. Furthermore, we develop and find support for two hypotheses on institutional maturity and issue complexity: when states have mature democratic institutions and the policy is complex, we expect policy entrepreneurs and the policy stream to have a greater impact than in states with weak institutions and less complex issues. We thus contribute by solving an empirical puzzle on mining policy and by proposing new hypotheses to investigate with the Multiple Streams Framework. Mineral policy Multiple streams framework Mining taxation Policy change Chile Natural resources Hancock, Kathleen J. verfasserin aut Enthalten in Resources policy Amsterdam [u.a.] : Elsevier Science, 1974 77 Online-Ressource (DE-627)306710234 (DE-600)1500719-4 (DE-576)259484261 nnns volume:77 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2038 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 83.63 Volkswirtschaftliche Ressourcen Umweltökonomie VZ AR 77
spelling	10.1016/j.resourpol.2022.102722 doi (DE-627)ELV009884807 (ELSEVIER)S0301-4207(22)00170-2 DE-627 ger DE-627 rda eng 330 VZ 83.63 bkl Castillo, Emilio verfasserin (orcid)0000-0003-2564-3873 aut Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile 2022 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In economic theories, institutional change usually occurs in response to changes in relative prices. Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining tax reform that took place before a major increase in mineral commodity prices and when market analysts and political leaders expected prices to remain relatively constant. Using the Multiple Streams Framework, we find that the policy community combined with anticipated elections explains the initial failure of mining tax reforms in 2004 and then successful reform in 2005. We do not find that the national mood (part of the problem stream) played a key role in the reforms; it remained unchanged during this period, and even now, and thus cannot account for change. Furthermore, we develop and find support for two hypotheses on institutional maturity and issue complexity: when states have mature democratic institutions and the policy is complex, we expect policy entrepreneurs and the policy stream to have a greater impact than in states with weak institutions and less complex issues. We thus contribute by solving an empirical puzzle on mining policy and by proposing new hypotheses to investigate with the Multiple Streams Framework. Mineral policy Multiple streams framework Mining taxation Policy change Chile Natural resources Hancock, Kathleen J. verfasserin aut Enthalten in Resources policy Amsterdam [u.a.] : Elsevier Science, 1974 77 Online-Ressource (DE-627)306710234 (DE-600)1500719-4 (DE-576)259484261 nnns volume:77 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2038 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 83.63 Volkswirtschaftliche Ressourcen Umweltökonomie VZ AR 77
allfields_unstemmed	10.1016/j.resourpol.2022.102722 doi (DE-627)ELV009884807 (ELSEVIER)S0301-4207(22)00170-2 DE-627 ger DE-627 rda eng 330 VZ 83.63 bkl Castillo, Emilio verfasserin (orcid)0000-0003-2564-3873 aut Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile 2022 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In economic theories, institutional change usually occurs in response to changes in relative prices. Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining tax reform that took place before a major increase in mineral commodity prices and when market analysts and political leaders expected prices to remain relatively constant. Using the Multiple Streams Framework, we find that the policy community combined with anticipated elections explains the initial failure of mining tax reforms in 2004 and then successful reform in 2005. We do not find that the national mood (part of the problem stream) played a key role in the reforms; it remained unchanged during this period, and even now, and thus cannot account for change. Furthermore, we develop and find support for two hypotheses on institutional maturity and issue complexity: when states have mature democratic institutions and the policy is complex, we expect policy entrepreneurs and the policy stream to have a greater impact than in states with weak institutions and less complex issues. We thus contribute by solving an empirical puzzle on mining policy and by proposing new hypotheses to investigate with the Multiple Streams Framework. Mineral policy Multiple streams framework Mining taxation Policy change Chile Natural resources Hancock, Kathleen J. verfasserin aut Enthalten in Resources policy Amsterdam [u.a.] : Elsevier Science, 1974 77 Online-Ressource (DE-627)306710234 (DE-600)1500719-4 (DE-576)259484261 nnns volume:77 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2038 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 83.63 Volkswirtschaftliche Ressourcen Umweltökonomie VZ AR 77
allfieldsGer	10.1016/j.resourpol.2022.102722 doi (DE-627)ELV009884807 (ELSEVIER)S0301-4207(22)00170-2 DE-627 ger DE-627 rda eng 330 VZ 83.63 bkl Castillo, Emilio verfasserin (orcid)0000-0003-2564-3873 aut Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile 2022 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In economic theories, institutional change usually occurs in response to changes in relative prices. Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining tax reform that took place before a major increase in mineral commodity prices and when market analysts and political leaders expected prices to remain relatively constant. Using the Multiple Streams Framework, we find that the policy community combined with anticipated elections explains the initial failure of mining tax reforms in 2004 and then successful reform in 2005. We do not find that the national mood (part of the problem stream) played a key role in the reforms; it remained unchanged during this period, and even now, and thus cannot account for change. Furthermore, we develop and find support for two hypotheses on institutional maturity and issue complexity: when states have mature democratic institutions and the policy is complex, we expect policy entrepreneurs and the policy stream to have a greater impact than in states with weak institutions and less complex issues. We thus contribute by solving an empirical puzzle on mining policy and by proposing new hypotheses to investigate with the Multiple Streams Framework. Mineral policy Multiple streams framework Mining taxation Policy change Chile Natural resources Hancock, Kathleen J. verfasserin aut Enthalten in Resources policy Amsterdam [u.a.] : Elsevier Science, 1974 77 Online-Ressource (DE-627)306710234 (DE-600)1500719-4 (DE-576)259484261 nnns volume:77 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2038 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 83.63 Volkswirtschaftliche Ressourcen Umweltökonomie VZ AR 77
allfieldsSound	10.1016/j.resourpol.2022.102722 doi (DE-627)ELV009884807 (ELSEVIER)S0301-4207(22)00170-2 DE-627 ger DE-627 rda eng 330 VZ 83.63 bkl Castillo, Emilio verfasserin (orcid)0000-0003-2564-3873 aut Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile 2022 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In economic theories, institutional change usually occurs in response to changes in relative prices. Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining tax reform that took place before a major increase in mineral commodity prices and when market analysts and political leaders expected prices to remain relatively constant. Using the Multiple Streams Framework, we find that the policy community combined with anticipated elections explains the initial failure of mining tax reforms in 2004 and then successful reform in 2005. We do not find that the national mood (part of the problem stream) played a key role in the reforms; it remained unchanged during this period, and even now, and thus cannot account for change. Furthermore, we develop and find support for two hypotheses on institutional maturity and issue complexity: when states have mature democratic institutions and the policy is complex, we expect policy entrepreneurs and the policy stream to have a greater impact than in states with weak institutions and less complex issues. We thus contribute by solving an empirical puzzle on mining policy and by proposing new hypotheses to investigate with the Multiple Streams Framework. Mineral policy Multiple streams framework Mining taxation Policy change Chile Natural resources Hancock, Kathleen J. verfasserin aut Enthalten in Resources policy Amsterdam [u.a.] : Elsevier Science, 1974 77 Online-Ressource (DE-627)306710234 (DE-600)1500719-4 (DE-576)259484261 nnns volume:77 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2038 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 83.63 Volkswirtschaftliche Ressourcen Umweltökonomie VZ AR 77
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author	Castillo, Emilio
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topic_title	330 VZ 83.63 bkl Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile Mineral policy Multiple streams framework Mining taxation Policy change Chile Natural resources
topic	ddc 330 bkl 83.63 misc Mineral policy misc Multiple streams framework misc Mining taxation misc Policy change misc Chile misc Natural resources
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title	Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile
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title_full	Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile
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title_sort	multiple streams framework and mineral royalties: the 2005 mining tax reform in chile
title_auth	Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile
abstract	In economic theories, institutional change usually occurs in response to changes in relative prices. Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining tax reform that took place before a major increase in mineral commodity prices and when market analysts and political leaders expected prices to remain relatively constant. Using the Multiple Streams Framework, we find that the policy community combined with anticipated elections explains the initial failure of mining tax reforms in 2004 and then successful reform in 2005. We do not find that the national mood (part of the problem stream) played a key role in the reforms; it remained unchanged during this period, and even now, and thus cannot account for change. Furthermore, we develop and find support for two hypotheses on institutional maturity and issue complexity: when states have mature democratic institutions and the policy is complex, we expect policy entrepreneurs and the policy stream to have a greater impact than in states with weak institutions and less complex issues. We thus contribute by solving an empirical puzzle on mining policy and by proposing new hypotheses to investigate with the Multiple Streams Framework.
abstractGer	In economic theories, institutional change usually occurs in response to changes in relative prices. Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining tax reform that took place before a major increase in mineral commodity prices and when market analysts and political leaders expected prices to remain relatively constant. Using the Multiple Streams Framework, we find that the policy community combined with anticipated elections explains the initial failure of mining tax reforms in 2004 and then successful reform in 2005. We do not find that the national mood (part of the problem stream) played a key role in the reforms; it remained unchanged during this period, and even now, and thus cannot account for change. Furthermore, we develop and find support for two hypotheses on institutional maturity and issue complexity: when states have mature democratic institutions and the policy is complex, we expect policy entrepreneurs and the policy stream to have a greater impact than in states with weak institutions and less complex issues. We thus contribute by solving an empirical puzzle on mining policy and by proposing new hypotheses to investigate with the Multiple Streams Framework.
abstract_unstemmed	In economic theories, institutional change usually occurs in response to changes in relative prices. Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining tax reform that took place before a major increase in mineral commodity prices and when market analysts and political leaders expected prices to remain relatively constant. Using the Multiple Streams Framework, we find that the policy community combined with anticipated elections explains the initial failure of mining tax reforms in 2004 and then successful reform in 2005. We do not find that the national mood (part of the problem stream) played a key role in the reforms; it remained unchanged during this period, and even now, and thus cannot account for change. Furthermore, we develop and find support for two hypotheses on institutional maturity and issue complexity: when states have mature democratic institutions and the policy is complex, we expect policy entrepreneurs and the policy stream to have a greater impact than in states with weak institutions and less complex issues. We thus contribute by solving an empirical puzzle on mining policy and by proposing new hypotheses to investigate with the Multiple Streams Framework.
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title_short	Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile
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doi_str	10.1016/j.resourpol.2022.102722
up_date	2024-07-07T00:41:18.689Z
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Mineral policies in mining countries frequently follow this behavior, modifying their tax systems as metal prices change. Nonetheless, Chile presents a deviation from common behavior with a mining tax reform that took place before a major increase in mineral commodity prices and when market analysts and political leaders expected prices to remain relatively constant. Using the Multiple Streams Framework, we find that the policy community combined with anticipated elections explains the initial failure of mining tax reforms in 2004 and then successful reform in 2005. We do not find that the national mood (part of the problem stream) played a key role in the reforms; it remained unchanged during this period, and even now, and thus cannot account for change. Furthermore, we develop and find support for two hypotheses on institutional maturity and issue complexity: when states have mature democratic institutions and the policy is complex, we expect policy entrepreneurs and the policy stream to have a greater impact than in states with weak institutions and less complex issues. 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Multiple streams framework and mineral royalties: The 2005 mining tax reform in Chile

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