Facing an uncertain economic future: Environmental management spending and rural regions surrounding the U.S. DOE's nuclear weapons facilities
AbstractUsing an economic simulation model, the study finds that the proposed expenditure by the U.S. Department of Energy of billions of dollars to manage the nuclear weapons environmental legacy followed by sharp reductions in expenditures would cause economic spikes and then depressions in three rural regions (Hanford in Washington, INEEL in Idaho, and SRS in South Carolina). The economies of larger and growing metropolitan regions with DOE sites will not be noticeably impacted. Simulations suggest pronounced impacts on income, jobs, and gross regional product in the three dependent rural regions. Policy options are reviewed to address the economic stresses of these rural dependent regions.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Defence and Peace Economics.
Volume (Year): 14 (2003)
Issue (Month): 1 ()
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- Steve Bradley & Jim Taylor, 1996. "Human Capital Formation and Local Economic Performance," Regional Studies, Taylor & Francis Journals, vol. 30(1), pages 1-14.
- Brauer, Jurgen & Caruso, Raul, 2011. "Peace economists and peace economics," MPRA Paper 34927, University Library of Munich, Germany.
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- Greenberg, Michael R., 2010. "Energy parks for former nuclear weapons sites? Public preferences at six regional locations and the United States as a whole," Energy Policy, Elsevier, vol. 38(9), pages 5098-5107, September.
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