Agricultural Effects of Unconventional Oil and Gas Development : A Machine Learning Approach
Technological advances within the energy industry, specifically in unconventional oil and natural gas development (UOGD), during the 21st century has created a short term economic incentive to produce as horizontally drilled wells have increased by over 1,400% since 20004. Rapid expansion has occurred despite health and environmental impacts being not well understood. The relatively under-examined externalities of UOGD have caused some regions to ban the method of production. Potential adverse impacts to agriculture are particularly understudied given that previous research has documented negative effects of radioactive fallout on crop yield. This study quantifies the effect of hydraulic fracturing on U.S. agricultural productivity from 1950-2020 while accounting for the endogenous relationship with conventional oil and gas development (COGD). We utilize oil and gas data from all 3,946,198 wells included in the Enverus drillinginfo database to estimate the association between agricultural productivity and downwind radiation resulting from UOGD. Identifying variation, the number of upwind wells within 20 km of agricultural county centroids, exploits spatiotemporal differences while mapping annual wind direction with spud year to account for a distribution mechanism. Results suggest a significant average negative effect on yield per UOGD well within 20km of county centroids. Our back of the envelope calculations found UOGD to influence an estimated crop loss of $2,910,428 for corn and soybeans nationwide
Year of publication: |
2023
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Authors: | Patterson, Adam ; Steinbach, Sandro |
Publisher: |
[S.l.] : SSRN |
Saved in:
freely available
Extent: | 1 Online-Ressource (38 p) |
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Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 14, 2021 erstellt |
Other identifiers: | 10.2139/ssrn.4380924 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014256744
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