Analysis of the Shale Gas Economy in Washington County, Pennsylvania

Yongsheng Wang () and Diana Stares ()
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Yongsheng Wang: Department of Economics and Business at Washington & Jefferson College
Diana Stares: Center for Energy Policy and Management at Washington & Jefferson College

A chapter in Economics of Unconventional Shale Gas Development, 2015, pp 47-69 from Springer

Abstract: Abstract This study examines the economic potential of unconventional shale gas drilling and production activities in Washington County, Pennsylvania. It fills the research gap of county level economic analysis for Marcellus Shale development in southwestern Pennsylvania, one of the most active areas of shale gas development in America. This study uses the input–output model to analyze drilling and production activities based on public information in order to estimate total economic potential. In addition, the study discusses changes in taxable income from rents, royalties, patents, and copyrights; other taxable income; local housing and rental prices; county real estate tax revenue; sales tax revenue; hotel occupancy; and royalty payments on county-owned lands.

Keywords: Economic Potential; Royalty Rate; Washington County; Royalty Payment; Marcellus Shale (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:nrmchp:978-3-319-11499-6_3

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DOI: 10.1007/978-3-319-11499-6_3

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