• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Journal of the Association of Environmental and Resource Economists >Valuation of the External Costs of Unconventional Oil and Gas Development: The Critical Importance of Mineral Rights Ownership
【24h】

Valuation of the External Costs of Unconventional Oil and Gas Development: The Critical Importance of Mineral Rights Ownership

机译：非常规油气开发外部成本的评估：矿产所有权的关键重要性

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

We quantify the externalities associated with unconventional oil and gas development using hedonic valuation. One complication in determining local impacts is that some but not all properties are unified with mineral rights, which enable the residents to financially benefit from drilling, and this information is typically unobserved by researchers. To overcome this issue, we exploit the mineral severance legacy of the homestead act extensions of the twentieth century to identify properties in western Colorado that do not have mineral rights and are therefore only impacted negatively by drilling. We find housing prices decline about 35% when drilling occurs within 1 mile. Treated properties are affected by highly intensive drilling (similar to 16 wells drilled within a mile, on average), and there is suggestive evidence of nonlinear impacts on a per-well basis. Our estimate of local costs is larger than those found elsewhere in the literature, which demonstrates the critical importance of mineral ownership.
机译：我们使用享乐价值来量化与非常规油气开发相关的外部性。确定当地影响的一个复杂因素是，部分但并非全部财产都与矿产权统一在一起，这使居民能够从钻探中获得经济收益，而研究人员通常无法获得这些信息。为了克服这个问题，我们利用20世纪宅基地法扩展的矿物遣散费来确定科罗拉多州西部没有矿产权的财产，因此仅受到钻探的负面影响。我们发现，在1英里范围内进行钻探时，房屋价格下降了约35％。处理后的属性会受到高强度钻探的影响（类似于平均在一英里内钻探的16口井），并且有迹象表明每口井都存在非线性影响。我们对当地成本的估计比文献中其他地方的估计要大，这证明了拥有矿产的重要性。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号