Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2017.10.002 |
US state and local oil and gas revenue sources and uses | |
Newell, Richard G.1; Raimi, Daniel2 | |
2018 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2018 |
卷号 | 112页码:12-18 |
文章类型 | Article |
语种 | 英语 |
国家 | USA |
英文摘要 | US state and local governments generate revenues from oil and gas production through a variety of mechanisms. In this paper, we quantify four leading sources: (1) state taxes levied on the value or volume of oil and gas produced; (2) local property taxes levied on the value of oil and gas property; (3) oil and gas lease revenues from state lands; and (4) oil and gas lease revenues from federal lands. We measure these revenues against the total value of oil and gas produced in the top 16 oil- and gas-producing states using fiscal year 2013 as a benchmark. On average, state and local governments collect roughly 10% of oil and gas revenue, ranging from a low of roughly 1% to a high of nearly 40% (not including income taxes). We also assess the use of these revenues, finding that there is substantial variation among states. The largest shares of revenue flow to state governments' current expenditures and education, followed by local governments. Some states also allocate a portion of oil and gas revenues to trust funds endowing future government operations and/or education expenditures. |
英文关键词 | Shale gas Tight oil Severance tax Property tax Resource taxation Local public finance |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000416615800003 |
WOS关键词 | SHALE ERA |
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/17685 |
专题 | 气候变化 |
作者单位 | 1.Resources Future Inc, 1616 P St NW, Washington, DC 20036 USA; 2.Univ Michigan, Ford Sch Publ Policy, Resources Future, 735 S State St, Ann Arbor, MI 48109 USA |
推荐引用方式 GB/T 7714 | Newell, Richard G.,Raimi, Daniel. US state and local oil and gas revenue sources and uses[J]. ENERGY POLICY,2018,112:12-18. |
APA | Newell, Richard G.,&Raimi, Daniel.(2018).US state and local oil and gas revenue sources and uses.ENERGY POLICY,112,12-18. |
MLA | Newell, Richard G.,et al."US state and local oil and gas revenue sources and uses".ENERGY POLICY 112(2018):12-18. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论