Institutions and the location of oil exploration

We provide evidence that institutions strongly influence where oil and gas exploration takes place. To identify the effect of institutions, we utilise a global dataset on the location of exploration wells and national borders. This allows for a regression discontinuity design, with the key assumptio...

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Bibliographic Details
Main Authors: Cust, J, Harding, T
Format: Working paper
Published: University of Oxford 2013