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The impact of oil on the shetland economy

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  • I. H. McNicoll

Abstract

This paper uses input-output analysis to measure the impact of oil supply bases and oil construction on the economy of Shetland. The output, income and employment created in each local industry by oil activities is measured. Oil industry multipliers are derived. Possible negative effects of oil on the local economy are considered. Finally, a forecast is made of the impact of oil on the Shetland economy in 1985.

Suggested Citation

  • I. H. McNicoll, 1980. "The impact of oil on the shetland economy," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 1(2), pages 91-98, June.
  • Handle: RePEc:wly:mgtdec:v:1:y:1980:i:2:p:91-98
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    File URL: http://hdl.handle.net/10.1002/mde.4090010208
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    Cited by:

    1. Guevara, Zeus & Sebastian, Antonio & Carranza Dumon, Fabian, 2022. "Economy-wide impact of conventional development policies in oil-exporting developing countries: The case of Mexico," Energy Policy, Elsevier, vol. 161(C).

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