Do natural resources benefit producer economies, or is there a "Natural Resource Curse," perhaps as Dutch Disease crowds out manufacturing? We combine new data on oil and gas abundance with Census of Manufactures microdata to estimate how oil and gas booms have affected local economies in the...

Tax incentives are preferential tax treatments provided to selected groups of taxpayers and usually result in those taxpayers paying less tax or paying later than they otherwise would. Tax incentives for the petroleum sector are questioned to ascertain whether they are economically beneficial...