000 | 01944nab a2200301 c 4500 | ||
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003 | ES-MaIEF | ||
005 | 20181218121841.0 | ||
007 | ta | ||
008 | 181218t2018 us ||||| ||||||0| 0|eng d | ||
040 |
_aES-MaIEF _bspa _cES-MaIEF |
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041 | _aeng | ||
100 | 1 |
_952974 _aRao, Nirupama |
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245 | 0 |
_aTaxes and US oil production _b : evidence from California and windfall profit tax _c by Nirupama L. Rao |
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260 | _c2018 | ||
500 | _aDisponible también en formato electrónico a través de la Biblioteca del IEF. | ||
500 | _aResumen. | ||
504 | _aBibliografía. | ||
520 | _aThe recent boom in US oil production has prompted debates on levying new taxes on oil. This paper uses new well-level production data and price variation from federal oil taxes and price controls to assess how taxes affected production. After-tax price elasticity estimates range between 0.295 (0.038) and 0.371 (0.025). Response along the shut-in margin is minimal. There is no evidence of spatial shifting of production to minimize tax liabilities. Taken together, the results suggest that taxes reduced domestic production in the 1980s, and the response largely came from wells that continued to pump oil, but at a reduced rate. | ||
650 | 4 |
_948014 _aPETROLEO |
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650 | 4 |
_948147 _aPRODUCCION |
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650 | 4 |
_947460 _aIMPUESTOS |
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650 | 4 |
_948092 _aPRECIOS |
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650 | 4 |
_942888 _aESTADOS UNIDOS |
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650 | 4 |
_947776 _aMODELOS ECONOMETRICOS |
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773 | 0 |
_oOP 2135/2018/4 _tAmerican Economic Journal. Economic Policy _w(IEF)134825 _x 1945-7731 _g v. 10, n. 4, November 2018, p. 268-301 |
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856 | _uhttp://resolver.ebscohost.com/openurl?sid=EBSCO%3aeoh&genre=article&issn=19457731&ISBN=&volume=10&issue=4&date=20181101&spage=268&pages=268-301&title=American+Economic+Journal%3a+Economic+Policy&atitle=Taxes+and+US+Oil+Production%3a+Evidence+from+California+and+the+Windfall+Profit+Tax&aulast=Rao%2c+Nirupama+L.&id=DOI%3a&site=ftf-live | ||
942 | _cART | ||
999 |
_c139500 _d139500 |