Early reviews of the academic literature on the economic effects of state and local taxes and
expenditures suggested that not enough was known upon which to base policy. The reviews …

The existence, causes, and mechanism of the “resource curse,” whereby resource-rich
regions underperform in economic growth, have been fully discussed, but the impacts of …

We estimate the responsiveness of nonrenewable resource firms to taxes on output using
spatially explicit data from the oil sector in the United States. Using a model of resource firm …

The recent boom and bust in the US oil and natural gas sector provide a unique opportunity
to assess whether the impacts of energy development are symmetric across the differing …

We analyze the impact of different state tax structures and resource ownership policies on
natural and shale gas production. Using state-level, quarterly data from seven of the largest …

In 2022, energy prices in the European Union reached record highs, accompanied by a
significant increase in fuel prices. In response, the Hungarian government imposed a price …

Lack of and delayed investment in high capital-intensive industries along with
mismanagement can lead to collapse in output. This article focuses on the recent …

I use aggregate and mine-level data to analyze changes in coal production due to West
Virginia imposing a 56 cent per short ton severance tax in 2005, as well as the effect of the …

We develop and use a system dynamics model of New Mexico Oil Production and Taxation
(NMOPT) to explore the potential impact of exogenous and endogenous oil taxation on the …

We provide theoretical and empirical evidence that firms do not in general respond equally
to changes in prices and taxes in the setting of oil well drilling in the United States. Our key …