Energy prices and state economic performance

This file is part of IDEAS, which uses RePEc data

Energy prices and state economic performance

Author Info

Stephen P.A. Brown
Mine K. Yücel

Additional information is available for the following registered author(s):

Mine Kuban Yucel

Abstract

Changes in energy prices have had sizable but differing effects on economic activity across the United States. The composition of each state's economy largely determines how its employment responds to changes in energy prices. In this article, Stephen Brown and Mine Yucel use simulations based on input-output analysis to assess the long-term consequences of changing oil prices on employment in each state in 1982, 1992, and 2000. Brown and Yucel find that because state economies are becoming more similar in their composition, the variation across states in the response to changing oil prices is narrowing. The authors' findings suggest that the grounds for regional divisions in the debate over national energy policy have lessened since the early 1980s and will continue to do so throughout the remainder of the 1990s.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

Publisher Info
Article provided by Federal Reserve Bank of Dallas in its journal Economic and Financial Policy Review.

Volume (Year): (1995)
Issue (Month): Q II ()
Pages: 13-23
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:fip:fedder:y:1995:i:qii:p:13-23

Contact details of provider:
Email:
Web page: http://www.dallasfed.org/
More information through EDIRC

Order Information:
Email:

For technical questions regarding this item, or to correct its listing, contact: (Diane Rosenberger).

Other versions of this item:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

S. P. A. Brown & John K. Hill, 1988. "Lower Oil Prices And State Employment," Contemporary Economic Policy, Western Economic Association International, vol. 6(3), pages 60-68, 07. [Downloadable!] (restricted)
Barro, R.J. & Sala-I-Martin, X., 1991. "Convergence Across States and Regions," Papers 629, Yale - Economic Growth Center.
Other versions:
- Barro, Robert J & Sala-i-Martin, Xavier, 1992. "Convergence," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 223-51, April. [Downloadable!] (restricted)
- Robert J. Barro & Xavier Sala-i-Martin, 1991. "Convergence across States and Regions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1991-1), pages 107-182. [Downloadable!]

Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Mark A. Wynne & John Thompson, 2000. "The new paradigm in Europe: is Goldilocks going global?," The Southwest Economy, Federal Reserve Bank of Dallas, issue Sep, pages 1-6. [Downloadable!]
William C. Gruben, 2000. "US-China trade relations: the best of both worlds," The Southwest Economy, Federal Reserve Bank of Dallas, issue Jul, pages 10. [Downloadable!]
Stephen P.A. Brown & Hillard G. Huntington, 2003. "Terms of trade and OECD policies to mitigate global climate change," Economic and Financial Policy Review, Federal Reserve Bank of Dallas. [Downloadable!]
Jason L. Saving & W. Michael Cox, 2000. "Some pleasant economic side effects," The Southwest Economy, Federal Reserve Bank of Dallas, issue Jul, pages 7-9. [Downloadable!]
Cletus C. Coughlin & Patricia S. Pollard, 2000. "State exports and the Asian crisis," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 3-14. [Downloadable!]
Thomas Garrett & Gary Wagner & David Wheelock, 2007. "Regional disparities in the spatial correlation of state income growth, 1977–2002," The Annals of Regional Science, Springer, vol. 41(3), pages 601-618, September. [Downloadable!] (restricted)
Stephen P. A. Brown & Mine K. Yücel, 2001. "Energy prices and aggregate economic activity: an interpretive survey," Working Papers 0102, Federal Reserve Bank of Dallas. [Downloadable!]
Other versions:
- Brown, Stephen P. A. & Yucel, Mine K., 2002. "Energy prices and aggregate economic activity: an interpretative survey," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(2), pages 193-208. [Downloadable!] (restricted)
Stephen P. A. Brown, 1998. "Global warming policy: some economic implications," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q IV, pages 26-35. [Downloadable!]
William A. Testa & Thomas A. Klier & Richard Mattoon, 1997. "Reversal of fortune: understanding the Midwest recovery," Economic Perspectives, Federal Reserve Bank of Chicago, issue Jul, pages 2-17. [Downloadable!]

Statistics

Access and download statistics

Did you know? There are NEP reports in over 80 fields that deliver new research to your email.

This page was last updated on 2009-11-10.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.