Dutch Disease or Agglomeration? The Local Economic Effects of Natural Resource Booms in Modern America

By Hunt Allcott, Daniel E. Keniston. 2018

502 citations recorded by the source corpus.

Subfields: Building and Construction, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/61a86718f1c8be5a41ee4117bd5bdc6bb89aaddc

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In Building and Construction

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Citations in the corpus

The Local Economic Impacts of Natural Resource Extraction (2015, methodology): “Allcott and Keniston (2014) examine county-level data for the US to investigate the local and spillover effects of boom-bust cycles in natural resource production.5 Several US counties experienced two oil and gas booms – after the oil crisis in the 1970s and recently during the shale revolution –…”
Natural resources, financial development and institutional quality in Africa: Is there a resource curse? (2018, background): “A large literature exists on whether natural resource revenues are a curse or blessing to economic growth/development (Allcott and Keniston, 2014; Carmignani, 2013; Aragon and Rud, 2013; Frankel, 2012; Van der Ploeg, 2011; Rosser, 2006; Bulte et al., 2005; Sala-iMartin and Subramanian, 2013; Auty, 2”
The Economics of Shale Gas Development (2015, unknown): “Allcott & Keniston (2014) also use historical data to examine growth and wages at manufacturing firms in counties with and without oil and gas production.”
Male Earnings, Marriageable Men, and Nonmarital Fertility: Evidence from the Fracking Boom (2018, unknown): “5 Working papers by Allcot and Keniston (2014), Eliason and Timmins (2014), Fetzer (2014), and Maniloff and Mastromanaco (2014) also show large wage gains associated with fracking, on the order of 5% to 24%.”
Tourism and Economic Development: Evidence from Mexico’s Coastline (2019, background): “The paper also relates to the literature that studies possible "Dutch disease" effects associated with natural resource booms by comparing regional outcomes within countries (e.g. Caselli & Michaels (2009), Allcott & Keniston (2014)).”
The Impact of Natural Resources: Survey of Recent Quantitative Evidence (2017, background): “To what extend the decision to ban fracking is endogenous is still an open question (Allcott & Keniston, 2014).”
Agricultural productivity and the sectoral reallocation of labor in rural India (2018, background): “Finally, Allcott and Keniston (2014) show that positive shocks to the oil and gas sector in rural counties of the United States drive up wages but nonetheless lead to growth in the local manufacturing sector.”
The Impact of the Shale Oil Revolution on U.S. Oil and Gasoline Prices (2016, unknown): “Even in the absence of large aggregate effects on U.S. economic growth, there are important effects on the economy at the state and local levels in those areas where shale oil plays are located (see, e.g., Allcott and Keniston 2014).”