Natural resource ownership, financial gains, and governance: The case of unconventional gas development in the UK and the US

Who owns an area's natural resources affects the local financial gains from extraction and participation in resource governance. We develop a typology of ownership regimes using two dimensions of ownership, private versus public and local versus absentee, and apply it to unconventional natural gas development in the United Kingdom (UK) and the state of Pennsylvania in the United States. We find that local residents in Pennsylvania own 53% of the...