Name File Type Size Last Modified
  Code 05/05/2024 05:20:AM
  Data 05/05/2024 05:16:AM
._1_FileStructure_ReadMe.txt application/octet-stream 4 KB 05/05/2024 01:19:AM
._2_Dataconstruction_ReadMe.txt application/octet-stream 4 KB 05/05/2024 01:19:AM
._3_AnalysisCode_ReadMe.txt application/octet-stream 4 KB 05/05/2024 01:19:AM
1_FileStructure_ReadMe.html text/html 6 KB 05/05/2024 01:19:AM
1_FileStructure_ReadMe.txt text/plain 4.6 KB 05/05/2024 01:12:AM
2_Dataconstruction_ReadMe.html text/html 28.7 KB 05/05/2024 01:19:AM
2_Dataconstruction_ReadMe.txt text/plain 24.7 KB 05/05/2024 01:19:AM
3_AnalysisCode_ReadMe.html text/html 13.5 KB 05/05/2024 01:19:AM

Project Description

Summary:  View help for Summary Exploiting geological variation and timing in the initiation of hydraulic fracturing, we find that fracking leads to sharp increases in oil and gas recovery and improvements in a wide set of economic indicators. There is also evidence of deterioration in local amenities, which may include increases in crime, noise, and traffic and declines in health. Using a Rosen-Roback-style spatial equilibrium model to infer the net welfare impacts, we estimate that willingness-to-pay (WTP) for allowing fracking equals about $2,500 per household annually (4.9 percent of household income), although WTP is heterogeneous, ranging from more than $10,000 to roughly 0 across 10 shale regions.

Scope of Project

JEL Classification:  View help for JEL Classification
      D12 Consumer Economics: Empirical Analysis
      K42 Illegal Behavior and the Enforcement of Law
      L71 Mining, Extraction, and Refining: Hydrocarbon Fuels
      Q35 Hydrocarbon Resources
      Q51 Valuation of Environmental Effects
      Q53 Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
      R41 Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise


Related Publications

Published Versions

Export Metadata

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.