The Economic Impact of the Coal Boom and Bust

  title={The Economic Impact of the Coal Boom and Bust},
  author={Dan A. Black and Terra McKinnish and Seth Sanders},
  journal={Agricultural \& Natural Resource Economics},
In this paper, we examine the impact of the coal boom in the 1970s and the subsequent coal bust in the 1980s on local labour markets in Kentucky, Ohio, Pennsylvania, and West Virginia. We address two main questions in our analysis. How were non-mining sectors affected by the shocks to the mining sector? How did these effects differ between sectors producing local goods and those producing traded goods? We find evidence of modest employment spillovers into sectors with locally traded goods but… 

Dutch Disease and the Oil Boom and Bust

  • Brock Smith
  • Economics
    Canadian Journal of Economics/Revue canadienne d'économique
  • 2019
This paper examines the impact of the oil price boom in the 1970s and the subsequent bust on non-oil economic activity in oil-dependent countries. During the boom, manufacturing exports and value

The Economic Aftermath of Resource Booms: Evidence from Boomtowns in the American West

The current US oil and gas boom is injecting labour, capital and revenue into communities near reserves. Will these communities be cursed with lower long‐run incomes in the wake of the boom? We study

The Local Economic Impact of the Farm Boom: A Spatial Econometric Perspective

Resources based economies in the United States may be fundamentally subject to the fluctuations of the prices of the resources used. Commodity price booms have been shown to have significant

Impact of oil booms and busts on human capital investment in the USA

This paper uses Census IPUMS data from 1970 to 2000 and ACS data from 2010 to estimate the impact of oil booms and busts on wages and human capital formation in the USA. The paper finds that the oil

The Local Economic Impacts of Military Personnel Contractions in the 1990s

This paper studies the local economic impacts of the U.S. military personnel contractions between 1988 and 2000. I propose a novel empirical strategy combining synthetic control and instrumental

Local Labor Market Impacts of Energy Boom-Bust-Boom in Western Canada




Measuring the Economic Effects of Military Base Closures

Quite often, policy changes that are seen as welfare-improving at the national level encounter significant resistance in localities where the policies are implemented. Defense spending cuts and

Enterprise Zones and Employment: Evidence from New Jersey

Abstract This paper presents new evidence on the effectiveness of urban enterprise zones as an economic development tool. The results reported here are from an econometric analysis of the New Jersey

The Alaskan Labor Market during the Pipeline Era

Built between 1974 and 1977, the Trans-Alaska Pipeline was the largest privately financed construction project in world history. The Alaskan labor market during the pipeline era provides an ideal

The Impact of Economic Conditions on Participation in Disability Programs: Evidence from the Coal Boom and Bust.

These shocks provide clear evidence that as the value of labor-market participation increases, disability program participation falls, and the relationship between economic conditions and program participation is much stronger for permanent than for transitory economic shocks.

Tax policy and the economy

The Tax Policy and Economy series presents new research bearing on the effects of taxation on economic performance and analyzing the effects of potential tax reforms. Research results are, presented

Pattern in Regional Labor Market Adjustment: The United States vs. Japan

In this paper I examine regional labor market behavior in the United States and Japan. In contrast with the picture at the aggregate level, Japanese labor markets at the prefectural (regional) level

Local Labor Markets

  • R. Topel
  • Economics
    Journal of Political Economy
  • 1986
This paper studies the processes of wage and employment dynamics within local labor markets. The theoretical context is a dynamic spatial equilibrium among locales that is supported by incentives to