NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Oil and Gas Revenue Allocation to Local Governments in Eight States

Richard G. Newell, Daniel Raimi

NBER Working Paper No. 21615
Issued in October 2015

---- Acknowledgments ----

This report is the second in a series to be produced by the Duke University Energy Initiative on Shale Public Finance, supported by the Alfred P. Sloan Foundation. The Shale Public Finance project is examining the financial implications for local governments associated with increased domestic oil and gas production, largely from shale resources. A related report focuses on net fiscal impacts for local governments associated with recent oil and gas production. For more information, to view interactive maps showing some of our key findings, or to be notified when new publications are released, visit energy.duke.edu/shalepublicfinance. We acknowledge helpful feedback on this report from Robert Conrad at Duke University, Mark Haggerty at Headwaters Economics, Don Macke at the Center for Rural Entrepreneurship, Yifei Qian at the Duke University Energy Initiative, Barry Rabe at the University of Michigan, and participants in a March 31, 2014, workshop held at Duke University. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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