G2TT
来源类型Working Papers
规范类型论文
来源IDWP-2016-002
The Local Economic and Welfare Consequences of Hydraulic Fracturing
Alexander W. Bartik; Janet Curie; Michael Greenstone; and Christopher R. Knittel
发表日期2016-02
出版年2016
语种英语
摘要

Exploiting geological variation within shale deposits and timing in the initiation of hydraulic fracturing, this paper finds that allowing fracing leads to sharp increases in oil and gas recovery and improvements in a wide set of economic indicators. At the same time, estimated willingness-to-pay (WTP) for the decrease in local amenities (e.g., crime and noise) is roughly equal to -$1000 to -$1,600 per household annually (-1.9% to -3.1% of mean household income). Overall, we estimate that WTP for allowing fracing equals about $1,300 to $1,900 per household annually (2.5% to 3.7%), although there is substantial heterogeneity across shale regions.

URLhttp://ceepr.mit.edu/publications/working-papers/637
来源智库Center for Energy and Environmental Policy Research (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/172792
推荐引用方式
GB/T 7714
Alexander W. Bartik,Janet Curie,Michael Greenstone,et al. The Local Economic and Welfare Consequences of Hydraulic Fracturing. 2016.
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