The Short-Run and Long-Run Effects of Resources on Economic Outcomes: Evidence From the United States 1936-2015

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 sh...

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Bibliographic details
Main Author: Clay, Karen
Portnykh, Margarita
Format: Paper
Language: English
Place of publication: National Bureau of Economic Research 01.06.2018
Data of publication: 20180601
Series: NBER Working Paper Series
Subjects:
Online Access: Fulltext
Database: NBER Working Papers
NBER Technical Working Papers Archive
NBER
National Bureau of Economic Research Publications
Database information Databases - DBIS