2022
Snead, Mark C.; Jones, Amy A.
THE ECONOMIC ROLE OF OKLAHOMA’S AGGREGATE INDUSTRY Technical Report
2022.
Abstract | Links | BibTeX | Tags: Aggregate Industry, Economic Impact, Oklahoma
@techreport{nokey,
title = {THE ECONOMIC ROLE OF OKLAHOMA’S AGGREGATE INDUSTRY},
author = {Mark C. Snead and Amy A. Jones},
url = {https://www.regiontrack.com/www/wp-content/uploads/OK-Aggregate-Industry-SCRF-RegionTrack-MAR2022.pdf},
year = {2022},
date = {2022-03-15},
abstract = {The goal of this report is to aid state policymakers and the public in better understanding the structure and various economic contributions of Oklahoma’s aggregate producing industry. Aggregate materials, which include primarily limestone, granite, and sand and gravel, are widely used but not highly visible to the public. The economic role played by the aggregate industry in the state economy also remains largely unknown and has received little study from an economic perspective.
In evaluating the economic role of the Oklahoma aggregate industry, the analysis in the report is structured around answering six core questions:
1. What is the state’s aggregate industry and how is it structured?
2. What types and quantities of aggregate materials are produced in Oklahoma?
3. How large is the industry, who are the key participants, and where is it located?
4. What are the direct economic contributions of the industry to the state and to local economies?
5. What spillover economic effects are generated by the operations of the industry?
6. What are the tax contributions produced by the aggregate industry?},
keywords = {Aggregate Industry, Economic Impact, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
In evaluating the economic role of the Oklahoma aggregate industry, the analysis in the report is structured around answering six core questions:
1. What is the state’s aggregate industry and how is it structured?
2. What types and quantities of aggregate materials are produced in Oklahoma?
3. How large is the industry, who are the key participants, and where is it located?
4. What are the direct economic contributions of the industry to the state and to local economies?
5. What spillover economic effects are generated by the operations of the industry?
6. What are the tax contributions produced by the aggregate industry?
Snead, Mark C.; Jones, Amy A.
OKLAHOMA'S OIL AND GAS ECONOMY 2022 Technical Report
2022.
Abstract | Links | BibTeX | Tags: Economic Impact, Oil and Gas, Oklahoma
@techreport{nokey,
title = {OKLAHOMA'S OIL AND GAS ECONOMY 2022},
author = {Mark C. Snead and Amy A. Jones},
url = {https://www.regiontrack.com/www/wp-content/uploads/OERB-OK-Oil-Gas-Economy-RegionTrack-2022.pdf},
year = {2022},
date = {2022-01-01},
urldate = {2022-01-01},
abstract = {This report provides a comprehensive assessment of the economic contribution of the oil and gas cluster in Oklahoma. },
keywords = {Economic Impact, Oil and Gas, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
2021
Snead, Mark C.
2021 Lawton OK Economic Review and Forecast Technical Report
2021.
Links | BibTeX | Tags: Economic Forecast, Lawton, Oklahoma
@techreport{nokey,
title = {2021 Lawton OK Economic Review and Forecast},
author = {Mark C. Snead},
url = {https://www.regiontrack.com/www/wp-content/uploads/Lawton-OK-Economic-Forcast-RegionTrack-2021.pdf},
year = {2021},
date = {2021-10-05},
urldate = {2021-10-05},
keywords = {Economic Forecast, Lawton, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
Snead, Mark C.
2021 Owasso OK Economic Outlook Technical Report
2021.
Abstract | Links | BibTeX | Tags: Economic Forecast, Oklahoma, Owasso
@techreport{nokey,
title = {2021 Owasso OK Economic Outlook},
author = {Mark C. Snead},
url = {https://www.regiontrack.com/www/wp-content/uploads/Owasso-OK-Economic-Outlook-RegionTrack-2021.pdf},
year = {2021},
date = {2021-06-24},
urldate = {2021-06-24},
abstract = {2021 economic review and outlook for Owasso, Oklahoma.},
keywords = {Economic Forecast, Oklahoma, Owasso},
pubstate = {published},
tppubtype = {techreport}
}
Snead, Mark C.; Rickman, Dan S.; Jones, Amy A.
Comments on an Expanded Film and TV Industry Incentive in Oklahoma Technical Report
2021.
Abstract | Links | BibTeX | Tags: Economic Development, Economic Impact, Incentives, Oklahoma
@techreport{nokey,
title = {Comments on an Expanded Film and TV Industry Incentive in Oklahoma},
author = {Mark C. Snead and Dan S. Rickman and Amy A. Jones},
url = {https://www.regiontrack.com/www/wp-content/uploads/Comments-Oklahoma-Film-Incentive-Review-RegionTrack-2020.pdf},
year = {2021},
date = {2021-01-01},
urldate = {2021-01-01},
abstract = {Comments on an Expanded Film and TV Industry Incentive in Oklahoma},
keywords = {Economic Development, Economic Impact, Incentives, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
2020
Snead, Mark C.; Rickman, Dan S.; Jones, Amy A.
OKLAHOMA'S FILM AND TV INDUSTRY: Growth Prospects and State-Level Incentives Technical Report
2020.
Abstract | Links | BibTeX | Tags: Economic Impact, Film and TV, Oklahoma
@techreport{nokey,
title = {OKLAHOMA'S FILM AND TV INDUSTRY: Growth Prospects and State-Level Incentives},
author = {Mark C. Snead and Dan S. Rickman and Amy A. Jones},
url = {https://www.regiontrack.com/www/wp-content/uploads/OK-Film-Full-Report-RegionTrack-July-2020-1.pdf
https://www.regiontrack.com/www/wp-content/uploads/OK-Film-Exec-Summ-RegionTrack-July-2020.pdf
},
year = {2020},
date = {2020-07-01},
urldate = {2020-07-01},
abstract = {The purpose of this report is to assist state policymakers and the public in better understanding the current economic policy issues surrounding the U.S. film and TV industry. This will aid in assessing Oklahoma’s potential as a more significant participant in the industry’s future growth.
A key underlying economic development theme addressed throughout the report is whether it is feasible to build a significant film and TV industry in Oklahoma? And if so, is it desirable to do so? It is important for policymakers to understand whether evidence suggests that the competitive environment will allow a far larger film and TV industry to be built in Oklahoma. And, if so, under what conditions.
A growing number of studies examine the economic role of the film and TV industry, as well as the contribution of state-level financial incentives. Existing studies provide considerable evidence on the experiences of other states over the past two decades. However, there is little consensus across the range of research on both the estimated economic outcomes and the proper measures of success to use when evaluating the outcomes. This inconsistency in existing research has created an uncertain foundation for making public policy decisions regarding the industry.
This report provides a critical review of findings in existing research and evaluates and reconciles many of the contradictory results. The objective of the review is to provide a clearer set of expectations for economic outcomes from efforts to expand the film and TV sector in the state. The report further provides original empirical research examining state-level economic effects from both the enactment and removal (or reduction) of film and TV incentives at the state level. The original research attempts to fill in the voids of knowledge left by previous research.
Collectively, these efforts are intended to provide a better foundational view of the economic role of the film and TV sector when forming public policy decisions.},
keywords = {Economic Impact, Film and TV, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
A key underlying economic development theme addressed throughout the report is whether it is feasible to build a significant film and TV industry in Oklahoma? And if so, is it desirable to do so? It is important for policymakers to understand whether evidence suggests that the competitive environment will allow a far larger film and TV industry to be built in Oklahoma. And, if so, under what conditions.
A growing number of studies examine the economic role of the film and TV industry, as well as the contribution of state-level financial incentives. Existing studies provide considerable evidence on the experiences of other states over the past two decades. However, there is little consensus across the range of research on both the estimated economic outcomes and the proper measures of success to use when evaluating the outcomes. This inconsistency in existing research has created an uncertain foundation for making public policy decisions regarding the industry.
This report provides a critical review of findings in existing research and evaluates and reconciles many of the contradictory results. The objective of the review is to provide a clearer set of expectations for economic outcomes from efforts to expand the film and TV sector in the state. The report further provides original empirical research examining state-level economic effects from both the enactment and removal (or reduction) of film and TV incentives at the state level. The original research attempts to fill in the voids of knowledge left by previous research.
Collectively, these efforts are intended to provide a better foundational view of the economic role of the film and TV sector when forming public policy decisions.
Snead, Mark C.; Jones, Amy A.
OKLAHOMA'S OIL AND GAS ECONOMY 2020 Technical Report
2020.
Abstract | Links | BibTeX | Tags: Economic Impact, Oil and Gas, Oklahoma
@techreport{nokey,
title = {OKLAHOMA'S OIL AND GAS ECONOMY 2020},
author = {Mark C. Snead and Amy A. Jones},
url = {https://www.regiontrack.com/www/wp-content/uploads/OERB-OK-Oil-Gas-Economy-RegionTrack-2020.pdf},
year = {2020},
date = {2020-01-01},
urldate = {2020-01-01},
pages = {68},
abstract = {This report provides a comprehensive evaluation of the many channels through which the Oklahoma oil and gas cluster influences economic conditions in the state.},
keywords = {Economic Impact, Oil and Gas, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
2019
Snead, Mark C.; Long, Eric
OKC MAPS PROJECTS ECONOMIC IMPACT REPORT Technical Report
2019.
Abstract | Links | BibTeX | Tags: Economic Impact, OKC MAPS, Oklahoma, Oklahoma City
@techreport{,
title = {OKC MAPS PROJECTS ECONOMIC IMPACT REPORT},
author = {Mark C. Snead and Eric Long},
url = {https://www.regiontrack.com/www/wp-content/uploads/MAPSEconomicImpactStudy_FullReport.pdf
https://www.regiontrack.com/www/wp-content/uploads/MAPS-Economic-Impact-Executive-Summary-2019.pdf},
year = {2019},
date = {2019-11-01},
urldate = {2019-11-01},
abstract = {Report Objective and Structure.
In assessing the various changes resulting from MAPS, this evaluation pursues three basic underlying tasks:
1. Update the prior evaluation of the original MAPS projects provided in the 2009 report, particularly the contribution of MAPS to change in downtown Oklahoma City;
2. Provide an initial review of the mostly completed MAPS for Kids projects; and
3. Detail MAPS 3 initiatives completed or currently underway and the role these projects are expected to play in shaping future growth in Oklahoma City.
The report documents the activities of the MAPS projects but is more focused on the resulting changes in the demographic, workforce, lifestyle, and economic conditions enjoyed by residents of Oklahoma City. The MAPS projects are viewed as the clear catalyst behind the revitalization underway in downtown Oklahoma City. These public investments in turn triggered significant private development in housing, lodging, retail, office space, and recreational offerings. Each major area of visible change is evaluated throughout the report.
A final, though more informal, task pursued throughout the report is the development of a more integrated view of the three rounds of MAPS projects approved to date. The number and breadth of projects and the length of time over which they have transpired warrants a more comprehensive view of MAPS as a single, ongoing economic development effort that now extends twenty-five years.
},
keywords = {Economic Impact, OKC MAPS, Oklahoma, Oklahoma City},
pubstate = {published},
tppubtype = {techreport}
}
In assessing the various changes resulting from MAPS, this evaluation pursues three basic underlying tasks:
1. Update the prior evaluation of the original MAPS projects provided in the 2009 report, particularly the contribution of MAPS to change in downtown Oklahoma City;
2. Provide an initial review of the mostly completed MAPS for Kids projects; and
3. Detail MAPS 3 initiatives completed or currently underway and the role these projects are expected to play in shaping future growth in Oklahoma City.
The report documents the activities of the MAPS projects but is more focused on the resulting changes in the demographic, workforce, lifestyle, and economic conditions enjoyed by residents of Oklahoma City. The MAPS projects are viewed as the clear catalyst behind the revitalization underway in downtown Oklahoma City. These public investments in turn triggered significant private development in housing, lodging, retail, office space, and recreational offerings. Each major area of visible change is evaluated throughout the report.
A final, though more informal, task pursued throughout the report is the development of a more integrated view of the three rounds of MAPS projects approved to date. The number and breadth of projects and the length of time over which they have transpired warrants a more comprehensive view of MAPS as a single, ongoing economic development effort that now extends twenty-five years.
Snead, Mark C.; Jones, Amy A.
THE ECONOMIC ROLE OF OKLAHOMA’S PUBLIC COLLEGES AND UNIVERSITIES Technical Report
2019.
Abstract | Links | BibTeX | Tags: Economic Impact, Education, Higher Education, Oklahoma
@techreport{nokey,
title = {THE ECONOMIC ROLE OF OKLAHOMA’S PUBLIC COLLEGES AND UNIVERSITIES},
author = {Mark C. Snead and Amy A. Jones},
url = {https://www.regiontrack.com/www/wp-content/uploads/OK-SCRF-Economic-Impact-of-Higher-Education-RegionTrack-2019.pdf},
year = {2019},
date = {2019-01-01},
urldate = {2019-01-01},
abstract = {Oklahoma’s system of public colleges and universities plays a large and increasingly important role in the state’s ongoing economic development efforts. Higher education has developed into a
cornerstone institution that is tasked with fostering an increasingly skilled and competitive state labor force.
The goal of this report is to help state policymakers and the public better understand the various economic contributions of the System as it is currently structured, as well as the role it plays
within the state-level economic development strategies that are currently in place.
The analysis is structured around five core questions concerning the economic role of the System:
1. What are the various activities and contributions of the current System, and what do they cost?
2. How competitive is the Oklahoma labor force, and is the state making progress relative to the nation and peer states?
3. Are there sufficient economic returns to students to justify the cost of higher education?
4. To what degree can increased levels of education contribute to broader state economic growth?
and
5. How large is the economic contribution of the operations of the System to the state and the local economies where System facilities are located?
From a public policy perspective, these questions are believed to address several of the most important aspects of the economic role of the System.},
keywords = {Economic Impact, Education, Higher Education, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
cornerstone institution that is tasked with fostering an increasingly skilled and competitive state labor force.
The goal of this report is to help state policymakers and the public better understand the various economic contributions of the System as it is currently structured, as well as the role it plays
within the state-level economic development strategies that are currently in place.
The analysis is structured around five core questions concerning the economic role of the System:
1. What are the various activities and contributions of the current System, and what do they cost?
2. How competitive is the Oklahoma labor force, and is the state making progress relative to the nation and peer states?
3. Are there sufficient economic returns to students to justify the cost of higher education?
4. To what degree can increased levels of education contribute to broader state economic growth?
and
5. How large is the economic contribution of the operations of the System to the state and the local economies where System facilities are located?
From a public policy perspective, these questions are believed to address several of the most important aspects of the economic role of the System.
2016
Snead, Mark C.
Marginal Wells: Fuel for Economic Growth (2016 Report) Technical Report
2016.
Abstract | Links | BibTeX | Tags: Oil and Gas, Oklahoma
@techreport{nokey,
title = {Marginal Wells: Fuel for Economic Growth (2016 Report)},
author = {Mark C. Snead},
url = {https://www.regiontrack.com/www/wp-content/uploads/Marginal-Well-Report-IOGCC-RegionTrack-2016.pdf},
year = {2016},
date = {2016-01-01},
urldate = {2016-01-01},
abstract = {The Interstate Oil and Gas Compact Commission (IOGCC) champions the
preservation of this country’s low-volume, marginally economic wells. The
IOGCC recognizes that it goes to the heart of conservation values to do all
that is possible to productively recover the scarce oil and natural gas resources
marginal wells produce.
The IOGCC defines a marginal well as a well that produces 10 barrels of oil
or 60 Mcf of natural gas per day or less. Generally, these wells started their
productive life producing much greater volumes using natural pressure.
Over time, the pressure decreases and production drops. That is not to say
that the reservoirs which feed the wells are necessarily depleted. It has been
estimated that in many cases marginal wells may be accessing a reservoir
that stills holds two-thirds of its potential value.
However, because these resources are not always easily or economically
accessible, many of the marginal wells in the United States are at risk of
being prematurely abandoned, leaving large quantities of oil or gas behind.
In addition to supplying much-needed energy, marginal wells are important
to communities across the country, providing jobs and driving economic
activity. Today, as the nation ponders the solution to its energy challenges, the
Commission continues to tell the story of how low-volume producing wells can
collectively contribute to a sound energy and economic future.},
keywords = {Oil and Gas, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
preservation of this country’s low-volume, marginally economic wells. The
IOGCC recognizes that it goes to the heart of conservation values to do all
that is possible to productively recover the scarce oil and natural gas resources
marginal wells produce.
The IOGCC defines a marginal well as a well that produces 10 barrels of oil
or 60 Mcf of natural gas per day or less. Generally, these wells started their
productive life producing much greater volumes using natural pressure.
Over time, the pressure decreases and production drops. That is not to say
that the reservoirs which feed the wells are necessarily depleted. It has been
estimated that in many cases marginal wells may be accessing a reservoir
that stills holds two-thirds of its potential value.
However, because these resources are not always easily or economically
accessible, many of the marginal wells in the United States are at risk of
being prematurely abandoned, leaving large quantities of oil or gas behind.
In addition to supplying much-needed energy, marginal wells are important
to communities across the country, providing jobs and driving economic
activity. Today, as the nation ponders the solution to its energy challenges, the
Commission continues to tell the story of how low-volume producing wells can
collectively contribute to a sound energy and economic future.
2013
Snead, Mark C.
The Economic Contribution of CareerTech to the Oklahoma Economy: Cost-Benefit Analysis of Career Majors (FY11) Technical Report
2013.
Abstract | Links | BibTeX | Tags: CareerTech, Education, Oklahoma
@techreport{nokey,
title = {The Economic Contribution of CareerTech to the Oklahoma Economy: Cost-Benefit Analysis of Career Majors (FY11)},
author = {Mark C. Snead},
url = {https://www.regiontrack.com/www/wp-content/uploads/Career-Major-Impact-Full-Report-CareerTech-RegionTrack-2013.pdf
https://www.regiontrack.com/www/wp-content/uploads/Career-Major-Impact-Executive-Summary-CareerTech-RegionTrack-2013.pdf},
year = {2013},
date = {2013-03-01},
abstract = {This report is part of an ongoing effort to assess the economic contribution of the CareerTech System to the Oklahoma economy. The specific objective of the study is to prepare a comprehensive cost-benefit assessment of the system’s career major programs. Career majors are commonly viewed as the flagship program of the CareerTech System because of the large number of students enrolled and the extensive training received by students. The demand for these training programs continues to be driven by the desire of both employers and workers to match job skills over the work life more efficiently than is possible through access to common and higher education alone.
The study examines the cohort of career major completers in fiscal year 2010-2011 (FY11). The study seeks to identify and estimate the range of private and public benefits and costs associated with delivering training to this cohort and then assess the expected net economic contribution to the Oklahoma economy. Policymakers generally support the subsidization of public education and training programs on the grounds that the resulting wage and productivity effects enhance economic activity over time.
Estimates are formed for benefits accruing to students, government, and the broader state economy. As with all forms of formal education, the primary economic benefit generated by career major training is work life income gains realized privately by students. A model of earnings gains is constructed to explain the composition of the expected future income gain for completers. Estimates are similarly formed for the direct costs to deliver the programs, tuition costs for students, forgone wages and economic activity as students undertake training, and spillover costs from taxation to fund these services through the public sector.},
keywords = {CareerTech, Education, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
The study examines the cohort of career major completers in fiscal year 2010-2011 (FY11). The study seeks to identify and estimate the range of private and public benefits and costs associated with delivering training to this cohort and then assess the expected net economic contribution to the Oklahoma economy. Policymakers generally support the subsidization of public education and training programs on the grounds that the resulting wage and productivity effects enhance economic activity over time.
Estimates are formed for benefits accruing to students, government, and the broader state economy. As with all forms of formal education, the primary economic benefit generated by career major training is work life income gains realized privately by students. A model of earnings gains is constructed to explain the composition of the expected future income gain for completers. Estimates are similarly formed for the direct costs to deliver the programs, tuition costs for students, forgone wages and economic activity as students undertake training, and spillover costs from taxation to fund these services through the public sector.
2012
Snead, Mark C.
The Economic Role of Oklahoma’s Child Care Industry Technical Report
2012.
Abstract | Links | BibTeX | Tags: Child Care, Economic Impact, Oklahoma
@techreport{nokey,
title = {The Economic Role of Oklahoma’s Child Care Industry},
author = {Mark C. Snead},
url = {https://www.regiontrack.com/www/wp-content/uploads/OK-Child-Care-Impact-Final-2013.pdf},
year = {2012},
date = {2012-01-01},
abstract = {This report provides an overview of the economic role played by the child care industry in the Oklahoma economy in 2012. While much of the expansion of the role of child care has gone unnoticed in recent years, it is important to understand the range of economic impacts now being generated by the formal child care industry.},
keywords = {Child Care, Economic Impact, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
2008
Barta, Suzette; Snead, Mark C.
The Economic Impact of the Cherokee Nation Technical Report
2008.
Abstract | Links | BibTeX | Tags: Economic Impact, Indian Tribes & Nations, Oklahoma
@techreport{nokey,
title = {The Economic Impact of the Cherokee Nation},
author = {Suzette Barta and Mark C. Snead},
url = {https://www.regiontrack.com/www/wp-content/uploads/Cherokee-Nation-Impact-20080924.pdf},
year = {2008},
date = {2008-09-24},
urldate = {2008-09-24},
abstract = {While the ultimate goal of this report is to summarize the economic impact of the Cherokee Nation on the State of Oklahoma in FY 2007, the Cherokee Nation, as a whole, is a complex entity, and, consequently, considerable effort will be taken to describe the scope of the tribe. To that end, the first half of this report will present a description of the Cherokee Nation today—describing both the government sector and its extensive provision of services to Cherokee citizens and the business sector. The business sector of the Cherokee Nation includes both gaming and retail enterprises (Cherokee Nation Enterprises) and industrial enterprises (Cherokee Nation Industries.) These various activities might best be described as the direct economic impacts of the Cherokee Nation.},
keywords = {Economic Impact, Indian Tribes & Nations, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
Barta, Suzette; Snead, Mark C.
THE ECONOMICS OF DEEP DRILLING IN OKLAHOMA - Update 2000-2007 Technical Report
2008.
Abstract | Links | BibTeX | Tags: Oil and Gas, Oklahoma
@techreport{,
title = {THE ECONOMICS OF DEEP DRILLING IN OKLAHOMA - Update 2000-2007},
author = {Suzette Barta and Mark C. Snead},
url = {https://www.regiontrack.com/www/wp-content/uploads/Deep-Wells-Oklahoma-2008.pdf},
year = {2008},
date = {2008-04-03},
urldate = {2008-04-03},
abstract = {A “deep well” is generally defined as a well drilled below depths of 15,000 feet. In February 2005, the Center for Applied Economic Research at Oklahoma State University published a report titled The Economics of Deep Drilling in Oklahoma.3 Using a database of production and cost data on wells drilled at various depths in Oklahoma in the 2000 to 2004 period, the report illustrated how the economic impact of drilling and production activity increased along with well depth. The report estimated that the cost impact of deep wells (15,000 feet and deeper) was 6 times that of shallow wells and that the production impact of deep wells was even greater at 11 times that of shallow wells.
The current report serves as an update to the 2005 study and uses a database of production and cost data for a large sample of deep wells drilled in Oklahoma in the 2000 to 2007 period.},
keywords = {Oil and Gas, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
The current report serves as an update to the 2005 study and uses a database of production and cost data for a large sample of deep wells drilled in Oklahoma in the 2000 to 2007 period.
2007
Rickman, Dan S.; Snead, Mark C.
A Regional Comparative Static CGE Analysis of Subsidized Child Care Journal Article
In: Growth and Change, vol. 38, no. 1, pp. 111-139, 2007.
Abstract | Links | BibTeX | Tags: Child Care, Oklahoma
@article{nokey,
title = {A Regional Comparative Static CGE Analysis of Subsidized Child Care},
author = {Dan S. Rickman and Mark C. Snead},
url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1468-2257.2007.00355.x},
year = {2007},
date = {2007-03-01},
urldate = {2007-03-01},
journal = {Growth and Change},
volume = {38},
number = {1},
pages = {111-139},
abstract = {Concerns with the equity of societal income distribution typically underpin the provision of government subsidies to low-income households, in which such subsidies are commonly
believed to reduce economic growth. Using a regional computable general equilibrium (CGE) model, this study examines the equity and growth aspects of subsidizing formal child care
services for low-income households at the state level. The results suggest that state government subsidization of formal child care services does not necessarily reduce the level of economic
activity, even when accounting for negative growth effects of tax increases required to finance the subsidies. The CGE model also reveals economic impacts on households and industry sectors not
directly affected by the subsidies, impacts that would be omitted from a partial equilibrium microeconometric appraisal.},
keywords = {Child Care, Oklahoma},
pubstate = {published},
tppubtype = {article}
}
believed to reduce economic growth. Using a regional computable general equilibrium (CGE) model, this study examines the equity and growth aspects of subsidizing formal child care
services for low-income households at the state level. The results suggest that state government subsidization of formal child care services does not necessarily reduce the level of economic
activity, even when accounting for negative growth effects of tax increases required to finance the subsidies. The CGE model also reveals economic impacts on households and industry sectors not
directly affected by the subsidies, impacts that would be omitted from a partial equilibrium microeconometric appraisal.
2005
Snead, Mark C.
THE ECONOMICS OF DEEP DRILLING IN OKLAHOMA Technical Report
2005.
Abstract | Links | BibTeX | Tags: Oil and Gas, Oklahoma
@techreport{Snead2005,
title = {THE ECONOMICS OF DEEP DRILLING IN OKLAHOMA},
author = {Mark C. Snead},
url = {https://www.regiontrack.com/www/wp-content/uploads/Economics-of-Deep-Drilling-Snead-2005.pdf},
year = {2005},
date = {2005-00-00},
urldate = {2005-00-00},
abstract = {This report examines the economic implications for Oklahoma of the natural gas industry’s ongoing shift to deep resources in order to meet the growing domestic demand for natural gas. Technological advances and the recent upward shift in baseline energy prices have combined to
enhance the economic viability of drilling for deep reserves below 15,000 feet. Oklahoma is home to some of the nation’s most plentiful deep gas reserves, and the state’s energy companies have played an active role in drilling “deep wells” for more than three decades.
Using a database of production and cost data on wells drilled at all depths in Oklahoma since 2000, the findings indicate that the expected economic impact increases along with well depth and is of a much larger magnitude for deep wells versus traditional shallow wells. The
expected impact is greater for deep wells because drilling becomes increasingly costly and the expected level of gas production is much greater as the depth of the well increases.},
keywords = {Oil and Gas, Oklahoma},
pubstate = {published},
tppubtype = {techreport}
}
enhance the economic viability of drilling for deep reserves below 15,000 feet. Oklahoma is home to some of the nation’s most plentiful deep gas reserves, and the state’s energy companies have played an active role in drilling “deep wells” for more than three decades.
Using a database of production and cost data on wells drilled at all depths in Oklahoma since 2000, the findings indicate that the expected economic impact increases along with well depth and is of a much larger magnitude for deep wells versus traditional shallow wells. The
expected impact is greater for deep wells because drilling becomes increasingly costly and the expected level of gas production is much greater as the depth of the well increases.