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strives to decrease reliance on imported oil and coal, while attempting to meet growing energy demand and maintain a certain …
Persistent link: https://www.econbiz.de/10010203405
US state and local governments generate revenues from oil and gas production through a variety of mechanisms. In this … paper, we quantify four leading sources: (1) state taxes levied on the value or volume of oil and gas produced; (2) local … property taxes levied on the value of oil and gas property; (3) oil and gas lease revenues from state lands; and (4) oil and …
Persistent link: https://www.econbiz.de/10014123607
We measure the effect of coal resource sector dependence on long run income growth using the natural experiment of coal mining in 409 U.S. counties that are selected for homogeneity. Using a panel data set (1970-2010), we find a one standard deviation increase in resource dependence is...
Persistent link: https://www.econbiz.de/10013034327
. Starting around 2007, improved tight oil and shale gas technologies turned the declining US fossil fuel production into a … revolution increased income in states abundant in oil and gas resources. States dependent on agricultural production also saw an …
Persistent link: https://www.econbiz.de/10011761618
the returns to surface land as greater numbers of oil wells are drilled. This study examines the impact of shale drilling … for parcels with nearby oil activity relative to parcels with no activity in the vicinity …
Persistent link: https://www.econbiz.de/10012925748
against income gains and rents captured by workers and property owners. This study measures the effect of local shale oil and … treatment across 2,141 counties from 2000 to 2010, I find that counties with oil and gas activity experienced employment and …
Persistent link: https://www.econbiz.de/10012932295
fossil fuel than oil, the fracking process itself, as well as its requisite infrastructure, brings with it numerous …
Persistent link: https://www.econbiz.de/10014141560
Oil and gas lease negotiations provide mineral owners the opportunity to negotiate for both compensation and auxiliary … indicate that oil and gas firms simultaneously make concessions by raising compensation and approving clauses, but these …
Persistent link: https://www.econbiz.de/10013477298
This paper examines the impact of oil price and quantity shocks on income inequalityin the US. Using micro income data … increase in oilprice increases the 90/10 ratio of pre-tax income by 3.8 percentage points in states withhigh levels of oil … inequality. In addition to priceshocks, we study the impact of quantity shocks that arise from oil discoveries. Quantityshocks …
Persistent link: https://www.econbiz.de/10013310449
Over the past century, Israel has been transformed from an agricultural colony, to a welfare-warfare state, to a globally integrated “market economy” characterised by great income disparities. What lies behind this transformation? Why the shift in emphasis from “war profits” to “peace...
Persistent link: https://www.econbiz.de/10011646687