全球智库信息集成服务系统(G2TT): The Short-Run and Long-Run Effects of Resources on Economic Outcomes: Evidence From the United States 1936-2015

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w24695
来源ID	Working Paper 24695
	The Short-Run and Long-Run Effects of Resources on Economic Outcomes: Evidence From the United States 1936-2015
	Karen Clay; Margarita Portnykh
发表日期	2018-06-11
出版年	2018
语种	英语
摘要	This paper draws on a new state-level panel dataset and a model of domestic Dutch disease to examine the short-run and long-run effects of oil & natural gas, coal, and agricultural land endowments on state economies during 1936-2015. Using a flexible shift-share estimation approach, where the shift is national resource employment and the share is state resource endowment, we find that different resources had different short-run effects in different time periods, across increases and decreases in resource employment, and across different outcomes. Using long differences, we find that long-run population growth was an important margin of adjustment over 1936-2015. States with larger coal and agricultural endowments per square mile experienced significantly slower population growth than states with smaller endowments per square mile. Resource endowments had no effect on long-run growth in per capita income.
主题	History ; Macroeconomic History ; Development and Growth ; Growth and Productivity ; Environmental and Resource Economics ; Renewable Resources ; Energy
URL	https://www.nber.org/papers/w24695
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/582367
推荐引用方式 GB/T 7714	Karen Clay,Margarita Portnykh. The Short-Run and Long-Run Effects of Resources on Economic Outcomes: Evidence From the United States 1936-2015. 2018.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w24695.pdf（927KB）	智库出版物		限制开放	CC BY-NC-SA	浏览