The Economics of Outer Continental Shelf Leasing

Robert J. Kalter, Thomas H. Stevens and Oren A. Bloom

American Journal of Agricultural Economics, 1975, vol. 57, issue 2, 251-258

Abstract: An analytical framework of the Outer Continental Shelf lands petroleum investment and production decision process is developed and utilized to evaluate public resource leasing policy alternatives. The impacts of alternative lease systems upon rates of production, investment levels, total resource recovery, and government revenue are presented and discussed. Trade-offs implicit in various leasing strategies and the geophysical-institutional-engineering-economic interactions which must be accounted for in public resource management are pointed out. Possible modifications in the current institutional system are suggested.

Date: 1975
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://hdl.handle.net/10.2307/1238500 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:57:y:1975:i:2:p:251-258.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().