It takes the average reader and 47 minutes to read Modeling the Impact of Taxes on Petroleum Exploration and Development by Mr. James L. Smith
Assuming a reading speed of 250 words per minute. Learn more
We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would influence an investor s investment behavior. The model recognizes the role of enhanced oil recovery and treats the impact of taxation on exploration and development in an integrated manner consistent with an investor s joint optimization of investments at both stages of the process. The model is simple and user-friendly, which facilitates application to a broad range of problems.
Modeling the Impact of Taxes on Petroleum Exploration and Development by Mr. James L. Smith is 46 pages long, and a total of 11,776 words.
This makes it 16% the length of the average book. It also has 14% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 4 minutes to read Modeling the Impact of Taxes on Petroleum Exploration and Development aloud.
Modeling the Impact of Taxes on Petroleum Exploration and Development is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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