The Economic Impact of Oil and Gas Production and Drilling on the Oklahoma Economy
Author: Mark C. Snead
Publisher:
Published: 2008
Total Pages: 23
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: Mark C. Snead
Publisher:
Published: 2008
Total Pages: 23
ISBN-13:
DOWNLOAD EBOOKAuthor: David A. Penn
Publisher:
Published: 1996
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Mark C. Snead
Publisher:
Published: 2008
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOKAuthor: Eugene Laurrel Swearingen
Publisher:
Published: 1955
Total Pages: 840
ISBN-13:
DOWNLOAD EBOOKAuthor: Mark Agerton
Publisher: International Monetary Fund
Published: 2015-02-11
Total Pages: 36
ISBN-13: 1498376061
DOWNLOAD EBOOKTechnological progress in the exploration and production of oil and gas during the 2000s has led to a boom in upstream investment and has increased the domestic supply of fossil fuels. It is unknown, however, how many jobs this boom has created. We use time-series methods at the national level and dynamic panel methods at the state-level to understand how the increase in exploration and production activity has impacted employment. We find robust statistical support for the hypothesis that changes in drilling for oil and gas as captured by rig-counts do in fact, have an economically meaningful and positive impact on employment. The strongest impact is contemporaneous, though months later in the year also experience statistically and economically meaningful growth. Once dynamic effects are accounted for, we estimate that an additional rig-count results in the creation of 37 jobs immediately and 224 jobs in the long run, though our robustness checks suggest that these multipliers could be bigger.
Author: Mark C. Snead
Publisher:
Published: 2006
Total Pages: 108
ISBN-13:
DOWNLOAD EBOOKAuthor: Michael Denton Woods
Publisher:
Published: 1989
Total Pages: 8
ISBN-13:
DOWNLOAD EBOOKAuthor: Mark C. Snead
Publisher:
Published: 2006
Total Pages: 22
ISBN-13:
DOWNLOAD EBOOKAuthor: Paul J. Root
Publisher:
Published: 1969
Total Pages: 174
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1985
Total Pages: 42
ISBN-13:
DOWNLOAD EBOOK