Transcription of Drilling Like There's No Tomorrow: Bankruptcy, …
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Drilling Like There's No Tomorrow: Bankruptcy, …
EI @ Haas WP 254. Drilling Like There's No tomorrow : bankruptcy , insurance , and environmental risk Judson Boomhower Revised March 2016. Energy Institute at Haas working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to review by any editorial board. 2016 by Judson Boomhower. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit is given to the source. Drilling Like There's No tomorrow : bankruptcy , insurance , and environmental risk Judson Boomhower . March 5, 2016. Abstract This paper measures the effects of bankruptcy protection on industry struc- ture and environmental outcomes in oil and gas extraction. Using administra- tive data from Texas, I exploit variation in an insurance requirement that re- duced firms' ability to avoid liability through bankruptcy .
Drilling Like There’s No Tomorrow: Bankruptcy, Insurance, and Environmental Risk Judson Boomhower March 5, 2016 Abstract This paper measures the effects of bankruptcy protection on industry struc-
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