کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5104067 | 1480671 | 2017 | 21 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Taming drillers through legislative action: Evidence from Pennsylvania's shale gas industry
ترجمه فارسی عنوان
حفاری از طریق اقدامات قانونی: شواهد از صنایع گاز شیل گاز پنسیلوانیا
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موضوعات مرتبط
مهندسی و علوم پایه
مهندسی انرژی
انرژی (عمومی)
چکیده انگلیسی
In 2012 Pennsylvania amended its Oil and Gas Act to tighten regulations on development of shale gas resources. Three key pecuniary provisions were annual well fees, increased bonding requirements, and higher penalty limits for violations. We analyze the effects of these mandates on well operator behavior using data on well operations and inspections over the period 2000-2013. After deriving theoretical predictions, we empirically examine each provision's effect on firm behavior in two aspects: (i) acquisition of new well permits, and (ii) regulatory violations. Overall, we find the amendments induced firms to acquire fewer permits and elevate environmental protection effort.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Resource and Energy Economics - Volume 50, November 2017, Pages 15-35
Journal: Resource and Energy Economics - Volume 50, November 2017, Pages 15-35
نویسندگان
Byung-Cheol Kim, Matthew E. Oliver,