Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/203476
Authors: 
Winters, John V.
Cai, Zhengyu
Maguire, Karen
Sengupta, Shruti
Year of Publication: 
2019
Series/Report no.: 
GLO Discussion Paper No. 400
Abstract: 
Fracking innovations revolutionized the United States oil and gas industry and facilitated a boom in energy production in states with oil and gas resources. This paper examines effects of oil and gas booms within a state on individual employment and earnings. To account for endogenous migration decisions, we instrument for oil and gas production in workers’ state of residence via the predicted percent of oil and gas employment in their state of birth. We find statistically significant and economically meaningful positive effects. The bulk of the effects accrue to workers employed outside the oil and gas industry indicating sizable spillovers.
Subjects: 
Resource boom
Regional economic development
Employment
Wages
Income
JEL: 
J20
J30
Q40
R10
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.