G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w23060
来源IDWorking Paper 23060
The Local Economic and Welfare Consequences of Hydraulic Fracturing
Alexander W. Bartik; Janet Currie; Michael Greenstone; Christopher R. Knittel
发表日期2017-01-23
出版年2017
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.
主题Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w23060
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/580734
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Alexander W. Bartik,Janet Currie,Michael Greenstone,et al. The Local Economic and Welfare Consequences of Hydraulic Fracturing. 2017.
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