An Econometric Analysis of MMS Area-Wide Leasing Versus Tract-Nomination Sales: Does Area-Wide Leasing Result in Lower Government Revenue?

In 1983, US Minerals Management Service (MMS) switched from the Lease Nomination sale format to Area-Wide Leasing (AWL). Since a complete econometric analysis of the effects of AWL on government revenue has not been conducted in almost twenty years, the purpose of this study was to determine the effects of AWL on government revenue. Results indicated that AWL reduced government revenue by $1,170 to $1,308 on a per acre basis, which is consistent with the findings in prior literature.


Issue Date:
2008
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/37680
Total Pages:
18
Series Statement:
Selected Paper 431607




 Record created 2017-04-01, last modified 2017-08-25

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