A Decade of Natural Gas Development: The Makings of a Resource Curse?
AbstractMany studies find that areas more dependent on natural resources grow more slowly – a relationship known as the resource curse. For counties in the south-central U.S., I find little evidence of an emerging curse from greater natural gas production during the 2000s. Increases in population mitigated a rise in average compensation and crowding out of the non-mining sector. Each gas-related mining job created a little more than two jobs, indicating a neutral effect on resource dependence as measured by employment. Furthermore, changes in the adult population by education level reveal that greater production did not lead to a less educated population.
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Bibliographic InfoPaper provided by Agricultural and Applied Economics Association in its series 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. with number 150407.
Date of creation: 2013
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Natural Gas Development; Resource Curse; Multiplier; Production Economics; Research and Development/Tech Change/Emerging Technologies; Resource /Energy Economics and Policy; Q32; Q33; O13;
Find related papers by JEL classification:
- Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
- Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
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