Showing 1 - 10 of 16
We study the effects of the property tax base shock caused by natural gas drilling in the Barnett Shale in Texas–a state that taxes oil and gas wells as property. Over the boom and bust in drilling, housing appreciation closely followed the oil and gas property tax base, which expanded the...
Persistent link: https://www.econbiz.de/10015250472
Farmers dramatically increased their use of federal crop insurance in the 2000s. From 2000 to 2013, premium subsidies increased seven-fold and acres enrolled increased by 77 percent. Although designed for non-environmental goals, subsidized insurance may affect the use of land, fertilizer, and...
Persistent link: https://www.econbiz.de/10015251892
We provide a quantitative description of state-level taxation of oil and gas production in the Continental U.S. for 2004 to 2013. Aggregate revenues from production taxes nearly doubled in real terms over the period, reaching $10.3 billion and accounting for 20 percent of tax receipts in the top...
Persistent link: https://www.econbiz.de/10015252089
A core public administration literature seeks to understand whether decentralized collective action institutions will emerge to provide public goods, such as management of environmental resources. Few studies examine how they perform relative to the state at providing public goods, and they fail...
Persistent link: https://www.econbiz.de/10015212985
A core public administration literature seeks to understand whether decentralized collective action institutions will emerge to provide public goods, such as management of environmental resources. Few studies examine how they perform relative to the state at providing public goods, and they fail...
Persistent link: https://www.econbiz.de/10015213656
Several spatial econometric approaches are available to model spatially correlated disturbances in count models, but there are at present no structurally consistent count models incorporating spatial lag autocorrelation. A two-step, limited information maximum likelihood estimator is proposed to...
Persistent link: https://www.econbiz.de/10009429435
Most U.S. farm households have either the operator or spouse working off-farm for wages and salaries or proprietorships. Additionally, off-farm income continues to grow as a share of total household income. Little is known about how changes in local industrial composition impact off-farm labor...
Persistent link: https://www.econbiz.de/10009444302
Attracting manufacturing investment remains a viable regional development policy. Previous research in the location literature has informed policymakers which factors are most important for attracting new firm investment. Far less is known about the dynamics of firm death and the possible...
Persistent link: https://www.econbiz.de/10009445816
This paper addresses changes in capital formation by testing the importance of location factors with respect to the rate of establishment births and deaths in U.S. manufacturing, 2000–2004. A theoretical concept called “localized creative destruction” is tested as a mechanism to explain...
Persistent link: https://www.econbiz.de/10009446067
U.S. policy makers often justify agricultural subsidies by stressing that agriculture is the engine of the rural economy. We use the increase in crop prices in the late 2000s to estimate the marginal effect of increased agricultural revenues on local economies in the U.S. Heartland. We find that...
Persistent link: https://www.econbiz.de/10015244891