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Taxation and the optimization of oil exploration and production: the UK continental shelf

Subtitle:
OIES paper: EE12
Abstract:

This paper allows for the effect of taxation in the econometric model for the analysis of exploration and production policies of "price taking suppliers" recently proposed in Pesaran (1990).
The tax system in the UKCS is neither neutral nor stable, therefore the separation of the "deep" parameters in the model from the tax parameters is an issue of crucial importance. The inclusion of taxation in the empirical analysis of oil exploration and extraction on the UKCS over the period 1978:1-...

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Publication status:
Published
Peer review status:
Reviewed (other)
Version:
Publisher's version

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Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Newton Trust of Trinity College More from this funder
Publisher:
Oxford Institute for Energy Studies Publisher's website
URN:
uuid:0f48b05b-7bd5-4f5c-b990-2527177fbd13
Local pid:
ora:10230
ISBN:
0-948061-37-5
Language:
English
Keywords:

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