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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29487 |
来源ID | Working Paper 29487 |
Environmental Justice and Coasian Bargaining: The Role of Race and Income in Lease Negotiations for Shale Gas | |
Christopher Timmins; Ashley Vissing | |
发表日期 | 2021-11-22 |
出版年 | 2021 |
语种 | 英语 |
摘要 | Using a unique combination of datasets and estimation techniques, we test whether private lease negotiations to extract oil and natural gas exhibit features of Coasian efficiency. We demonstrate that measures of wealth (including income, house square footage, and land acreage), typically determinants of willingness to pay for environmental quality, do affect bargaining outcomes. However, race, ethnicity, and language also play important roles after conditioning upon these variables, suggesting an environmental injustice and a breakdown of efficient Coasian bargaining. We further demonstrate that failure to negotiate protections in leases leads to increased risk of future drilling violations, which are not offset by local ordinance restrictions. |
主题 | Other ; Law and Economics ; Environmental and Resource Economics ; Energy ; Environment |
URL | https://www.nber.org/papers/w29487 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587161 |
推荐引用方式 GB/T 7714 | Christopher Timmins,Ashley Vissing. Environmental Justice and Coasian Bargaining: The Role of Race and Income in Lease Negotiations for Shale Gas. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29487.pdf(622KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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