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Analysis of the Shale Gas Economy in Washington County, Pennsylvania

In: Economics of Unconventional Shale Gas Development

Author

Listed:
  • Yongsheng Wang

    (Department of Economics and Business at Washington & Jefferson College)

  • Diana Stares

    (Center for Energy Policy and Management at Washington & Jefferson College)

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.

Suggested Citation

  • Yongsheng Wang & Diana Stares, 2015. "Analysis of the Shale Gas Economy in Washington County, Pennsylvania," Natural Resource Management and Policy, in: William E. Hefley & Yongsheng Wang (ed.), Economics of Unconventional Shale Gas Development, edition 127, pages 47-69, Springer.
  • Handle: RePEc:spr:nrmchp:978-3-319-11499-6_3
    DOI: 10.1007/978-3-319-11499-6_3
    as

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