North Dakota Lignite Energy Industry'S Contribution To The State Economy For 2007 And Projected For 2008
AbstractA survey of firms involved in lignite mining and/or conversion resulted in estimates of their expenditures to in-state entities. An input-output model was applied to estimate secondary and total impacts of the direct expenditures. Direct expenditures totaled $806.8 million for 2007 and were estimated at $995.4 million for 2008. The total (direct plus secondary) contribution to the North Dakota economy was estimated to be $2.4 billion for 2007 and $2.8 billion for 2008. State tax revenues resulting from industry activities totaled $89 million in 2007, and industry direct employment totaled 3,882. In addition, economic activity resulting from the industry was estimated to support more than 21,000 jobs in other sectors of the state economy.
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Bibliographic InfoPaper provided by North Dakota State University, Department of Agribusiness and Applied Economics in its series Staff Papers with number 6137.
Date of creation: 2008
Date of revision:
lignite; coal; economic impact; Community/Rural/Urban Development; Resource /Energy Economics and Policy;
Other versions of this item:
- Coon, Randal C. & Leistritz, F. Larry, 2008. "North Dakota Lignite Energy Industry'S Contribution To The State Economy For 2007 And Projected For 2008," Statistical Series Reports 6137, North Dakota State University, Department of Agribusiness and Applied Economics.
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