| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w20508
|
| 来源ID | Working Paper 20508
|
| Dutch Disease or Agglomeration? The Local Economic Effects of Natural Resource Booms in Modern America |
| Hunt Allcott; Daniel Keniston
|
| 发表日期 | 2014-09-18
|
| 出版年 | 2014
|
| 语种 | 英语
|
| 摘要 | Do natural resources benefit producer economies, or is there a “Natural Resource Curse,”0 perhaps as the crowd-out of manufacturing productivity spillovers reduces long-term growth? We combine new data on oil and gas endowments with Census of Manufactures microdata to estimate how oil and gas booms affect local economies in the United States. Local wages rise during oil and gas booms, but manufacturing is not crowded out—in fact, the sector grows overall, driven by upstream and locally-traded subsectors. Tradable manufacturing subsectors do contract during resource booms, but their productivity is unaffected, so there is no evidence of foregone local learning-by-doing effects. Over the full 1969-2014 sample, a county with one standard deviation additional oil and gas endowment averaged about one percent higher real wages. Overall, the results provide evidence against a Natural Resource Curse within the United States. |
| 主题 | Industrial Organization
; Industry Studies
; Development and Growth
; Growth and Productivity
; Environmental and Resource Economics
; Energy
; Regional and Urban Economics
; Regional Economics
|
| URL | https://www.nber.org/papers/w20508
|
| 来源智库 | National Bureau of Economic Research (United States)
|
| 引用统计 |
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578180
|
推荐引用方式
GB/T 7714 |
Hunt Allcott,Daniel Keniston. Dutch Disease or Agglomeration? The Local Economic Effects of Natural Resource Booms in Modern America. 2014.
|
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