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Does type of well drilling matter for local governments' fund balances?
Author(s) -
Choi Intae
Publication year - 2019
Publication title -
journal of public affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.221
H-Index - 20
eISSN - 1479-1854
pISSN - 1472-3891
DOI - 10.1002/pa.1878
Subject(s) - drilling , balance (ability) , rank (graph theory) , value (mathematics) , oil shale , variance (accounting) , well drilling , shale gas , business , petroleum engineering , statistics , operations management , economics , mathematics , geology , engineering , accounting , psychology , combinatorics , mechanical engineering , paleontology , neuroscience
The purpose of this study is to examine whether the type of wells drilling in Pennsylvania matters to the fund balance of local governments in Pennsylvania. After conducting one‐way analysis of variance and Kruskal–Wallis equality‐of‐populations rank test, the median value of fund balance of local governments have differences by the type of wells drilling. This result can suggest that the local governments of Pennsylvania should consider how to levy the level of impact fee to the companies operating wells for extracting shale gas. In other words, it should be designed more systemically by the type of wells drilling in Pennsylvania.