Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl


2016 | 26 | 128-149

Article title

Shale gas in Poland: An analysis of tax mechanisms and dynamic interactions



Title variants

Languages of publication



This is a preliminary research into possible taxation mechanisms for firms that will be operating in the shale gas industry in Poland and potential market interactions between the incumbents and the entrants. The study places focus on the level of welfare and it includes a static and a dynamic analysis. The result of the former is that the lump sum tax is the first best of all considered tax mechanisms for the Polish shale gas from the welfare perspective. The second best option for taxation is a combination of the current CIT rate and a windfall profit tax. In respect to the dynamic analysis, the results suggest that Gazprom can remain the market leader in Poland even if the shale gas producers start to operate, due to the sequential character of the competition in the Polish natural gas market. Counterintuitively, it will not come at the expenses of the consumers in Poland and it can bring potential welfare gains.






Physical description


  • Political Economy and Transnational Governance. Amsterdam Institute for Social Science Research. University of Amsterdam


  • BRE Bank (2012): Analitycy BRE: wydobycie gazu łupkowego tańsze niż import gazu ziemnego z Rosji. 20 December, http://media.brebank.pl/pr/230409/analitycy-brewydobycie- gazu-lupkowego-tansze-niz-import-gazu-ziemnego-z-rosji/ (accessed: 9.08.2016).
  • Broadie M., Detemple J. (2004): Option Pricing: Valuation Models and Applications. "Management Science", Vol. 50, No. 9, pp. 1145-1177, http://www.ase.ro/upcpr/ profesori/167/Broadie.pdf/ (accessed: 24.06.2016).
  • Corchon L. (2008): Welfare Losses under Cournot Competition. "International Journal of Industrial Organization", Vol. 26, No. 5, https://ideas.repec.org/a/eee/indorg/ v26y2008i5p1120-1131.html/ (accessed: 24.06.2016).
  • Da Rin M., Di Giacomo M., Sembenelli A. (2010): Entrepreneurship, Firm Entry, and the Taxation of Corporate Income: Evidence from Europe. "Journal of Public Economics", Vol. 95, No. 9, https://papers.ssrn.com/sol3/papers.cfm?abstract_ id=1262204/ (accessed: 22.06.2016).
  • Eccles R., Herz R., Keegan M., Phillips D. (2011): The Value Reporting Revolution: Moving Beyond the Earnings Game. Price-Waterhouse-Coopers, London.
  • Ernst & Young (2011): Global Oil and Gas Transactions Review. Ernst & Young's Global Oil & Gas Centre, http://www.eyjapan.jp/industries/oil/knowledge/pdf/ 2012-01-02-Global-oil-gas-transactions-review-2011.pdf/ (accessed: 5.06.2016).
  • Kneller R., McGowan D. (2012): Tax Policy and Firm Entry and Exit Dynamics: Evidence from OECD Countries. "The University of Nottingham Discussion Paper", No. 12/01, https://ideas.repec.org/p/bng/wpaper/12006.html/ (accessed: 5.06.2016).
  • Pepall L., Richards D., Norman G. (2011): Contemporary Industrial Organization: A Quantitative Approach. John Wiley & Sons, New York.
  • Slade M. (1986): Taxation of Non-Renewable Resources at Various Stages of Production. "The Canadian Journal of Economics", Vol. 19, No. 2, https://www.jstor.org/ stable/pdf/135285.pdf/ (accessed: 20.05.2016).
  • "The Economist" (2013): Mad and Messy Regulation, 10 July, http://www.economist.com/ blogs/easternapproaches/2013/07/shale-gas-poland/ (accessed: 20.06.2016).
  • UOKiK (2011): Raport Kierunku Rozwoju Ochrony Konsumentów i Konkurencji Na Rynku Gazu w Polsce. August, http://www.uokik.gov.pl/download.php?plik=12185/ (accessed: 28.08.2016).

Document Type

Publication order reference



YADDA identifier

JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.