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Article
The Economic Impact of Shale Gas Development: A Natural Experiment along the New York / Pennsylvania Border
Agricultural and Resource Economics Review (2015)
  • Brendan M. Cosgrove, Colby College
  • Daniel LaFave, Colby College
  • Sahan T.M. Dissanayake, Portland State University
  • Michael R Donihue, Colby College
Abstract
We investigate local economic impacts of shale gas development using the natural experiment of the discontinuity in regulation caused by New York's 2008 moratorium on fracking. Using county- and zip-code-level data for 2001–2013 to examine differences in New York and Pennsylvania counties before and after the moratorium, we find that shale gas development has a positive local impact on employment and wages in the natural resource, mining, and construction sectors and an offsetting reduction in employment in the manufacturing sector. Overall, we find no statistically significant local effects on total employment or on wages.
Disciplines
Publication Date
2015
Publisher Statement
COPYRIGHT: © 2015 Northeastern Agricultural and Resource Economics Association 
Citation Information
Cosgrove, B. M., LaFave, D. R., Dissanayake, S. T., & Donihue, M. R. (2015). The economic impact of shale gas development: A natural experiment along the New York/Pennsylvania border. Agricultural and Resource Economics Review, 44(2), 20-39.