Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2017.05.014 |
Short-run impacts of a severance tax change: Evidence from Alaska | |
Reimer, Matthew N.1,2; Guettabi, Mouhcine1,2; Tanaka, Audrey-Loraine1 | |
2017-08-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 107 |
文章类型 | Article |
语种 | 英语 |
国家 | USA |
英文摘要 | Energy states face a fundamental tradeoff when increasing severance tax rates: potential gains in tax revenues versus potential losses in exploration, development, and production activity. Despite the significant implications of this tradeoff, there is very little empirical evidence on the short-run responsiveness of extraction-related activities to changes in severance taxes. We conduct a comparative case study to evaluate the short-term impact of a severance tax increase on oil-related activities and development in Alaska. In 2007, the introduction of "Alaska's Clear and Equitable Share" (ACES) more than tripled the tax liability for much of the oil already under production in Alaska. We construct a synthetic Alaska from a set of U.S. energy states, with the purpose of estimating the counterfactual evolution of oil production, exploration and development wells, gross state product, and employment, in the absence of ACES. Overall, our results indicate that there is no discernible difference in the outcome variables of interest between Alaska and its synthetic control after the implementation of ACES, suggesting that ACES had a minimal effect on Alaskan oil-related activity and development in the short run. |
英文关键词 | Alaska Severance taxes Oil Synthetic control Case study Policy evaluation |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000405158200042 |
WOS关键词 | NATURAL-RESOURCES ; EXHAUSTIBLE RESOURCES ; TAXATION ; INDUSTRY ; OIL ; ECONOMICS ; QUALITY |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/17828 |
专题 | 气候变化 |
作者单位 | 1.Univ Alaska Anchorage, Inst Social & Econ Res, 3211 Providence Dr, Anchorage, AK 99508 USA; 2.Univ Alaska Anchorage, Dept Econ & Publ Policy, 3211 Providence Dr, Anchorage, AK 99508 USA |
推荐引用方式 GB/T 7714 | Reimer, Matthew N.,Guettabi, Mouhcine,Tanaka, Audrey-Loraine. Short-run impacts of a severance tax change: Evidence from Alaska[J]. ENERGY POLICY,2017,107. |
APA | Reimer, Matthew N.,Guettabi, Mouhcine,&Tanaka, Audrey-Loraine.(2017).Short-run impacts of a severance tax change: Evidence from Alaska.ENERGY POLICY,107. |
MLA | Reimer, Matthew N.,et al."Short-run impacts of a severance tax change: Evidence from Alaska".ENERGY POLICY 107(2017). |
条目包含的文件 | 条目无相关文件。 |
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