کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5064867 | 1372297 | 2013 | 8 صفحه PDF | دانلود رایگان |
This paper analyzes the influence of state and federal political party changes and market factors on the number of state oil and natural gas drilling permits issued. The findings, using a firstâdifferenced empirical model for two samples, a 26-state sample, from 1990 to 2007, and a 19-state sample, from 1977 to 2007, indicate that the influence of political party changes is trumped by economic factors. Oil and natural gas prices are the main drivers of permitting changes, while the state and federal political party changes for the legislatures' and executive offices are consistently not significant.
⺠Political party changes do not influence oil and natural gas permitting by states. ⺠More conservative state political leadership does not increase permitting. ⺠Oil and natural gas prices are the key drivers of permitting.
Journal: Energy Economics - Volume 34, Issue 6, November 2012, Pages 2013-2020