Home Page >
Misc. Research Material > Severance Taxes in
Utah
Research on Severance Taxes in Utah:
Report of 2008. (Written with the
assistance of Michael Hogue.)
Computer program underlying the "Report of
2008." (In Sweave, which allows one to embed executable R code into
LaTeX documents; R code written and incorporated by Michael Hogue.)
Excel Spreadsheet Analysis of Rep. King's 2013 bill,
based on the "Report of 2008."
Research by others
Peer-reviewed: Mitch Kunce (University of Wyoming), Shelby Gerking
(University of Central Florida), William Morgan (University of Wyoming), and
Ryan Maddux (Stanford University), "State
Taxation, Exploration, and Production in the U.S. Oil Industry," Journal of Regional Science, Volume 43,
Issue 4, pages 749–770, November 2003. Abstract freely available here;
full text available (for example, from University of Utah computers) via
EBSCOhost Academic Search Premier. Quote:
"In the case of Wyoming, a doubling of the
state severance tax is found to reduce production by less than 6% over a
forty-year period, but will increase severance tax revenue substantially
in present value terms, by over ninety percent. Moreover, this general
conclusion applies to the other major oil producing states that levy
severance taxes." (p.764).
Non-peer reviewed: Shelby Gerking (University of Central Florida), "Sensitivity
of Production and Drilling in the Utah Oil and Gas Industry to Changes in
the Severance Tax" and "Presentation
to Utah Tax Review Commission: July 12, 2002," both described in these
minutes of the Utah Tax Review Commission.