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MSEEL Project Context: State of the Region(2001-2014)

Author

Listed:
  • Caleb Stair

    (Regional Research Institute, West Virginia University)

  • Sriparna Ghosh

    (Regional Research Institute, West Virginia University)

  • Randall Jackson

    (Regional Research Institute, West Virginia University)

Abstract

The Marcellus Shale Energy and Environmental Laboratory, or MSEEL is the nation’s first integrated research initiative on shale gas drilling. An experimental hydraulic fracturing gas well is the centerpiece of the MSEEL project, “which West Virginia University launched in fall 2014 in partnership with Northeast Natural Energy, the National Energy Technology Laboratory of the U.S. Department of Energy and Ohio State University. The five-year, $11 million project is the first-ever long-term, comprehensive field study of shale gas resources in which scientists will study the process from beginning-to-end.” Because one dimension of the MSEEL analysis is the economic impacts and implications of well-drilling activity, this report has been prepared to provide a statistical overview and description of the local and regional economies leading up to the initiation of the MSEEL project, and to set the stage generally for subsequent socioeconomic analyses. The report includes various graphs and tables that describe the local economy during the 2001 to 2014 period, providing a context within which to view the role of gas extraction activities in the economy.

Suggested Citation

  • Caleb Stair & Sriparna Ghosh & Randall Jackson, 2017. "MSEEL Project Context: State of the Region(2001-2014)," Working Papers Resource Document 2017-01, Regional Research Institute, West Virginia University.
    • Handle: RePEc:rri:wpaper:2017rd01
    as

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    File URL: https://researchrepository.wvu.edu/rri_res_docs/4/
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    References listed on IDEAS

    as
    1. Stephen G Cecchetti & Joseph E Stiglitz & William C Dudley & Masaaki Shirakawa & Nout Wellink, 2010. "Financial system and macroeconomic resilience: revisited," BIS Papers, Bank for International Settlements, number 53.
    2. Thomas Palley, 2011. "America’s flawed paradigm: macroeconomic causes of the financial crisis and great recession," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 38(1), pages 3-17, February.
    3. William R White & Donald L Kohn & Armínio Fraga & John Gieve & Yi Gang & Stanley Fischer, 2008. "Financial system and macroeconomic resilience," BIS Papers, Bank for International Settlements, number 41.
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    More about this item

    Keywords

    regional economics; regional analysis; energy economics; environmental economics;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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