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The Incidence of Severance Taxes in a Residual Demand Framework

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Energy Specializations: Petroleum – Policy and Regulation

JEL Codes: Q38: Nonrenewable Resources and Conservation: Government Policy, Q41: Energy: Demand and Supply; Prices, Q40: Energy: General, Q35: Hydrocarbon Resources, L71: Mining, Extraction, and Refining: Hydrocarbon Fuels

Keywords: Severence taxes, Oil markets, US, Residual demand model, OPEC, government policy

DOI: 10.5547/ISSN0195-6574-EJ-Vol6-NoSI-19

Published in Volume 6, Special Issue of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.

 

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