Valuation of the external costs of unconventional oil and gas development: The critical importance of mineral rights ownership
We quantify the externalities associated with unconventional oil and gas development using hedonic valuation. One complication in determining local impacts is that some but not all properties are unified with mineral rights, which enable the residents to financially benefit from drilling, and this i...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
University of Chicago Press
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |