Template-Type: ReDIF-Paper 1.0

Author-Name:  Johanna Richter
Author-Name-First: Johanna
Author-Name-Last: Richter
Author-Email: crichter.jo@gmail.com
Author-Workplace-Name: Department of Economics and Public Policy, University of Alaska Anchorage

Author-Name:  Alliana Salanguit
Author-Name-First: Alliana
Author-Name-Last: Salanguit
Author-Email: amasalanguit@gmail.com
Author-Workplace-Name: Department of Economics and Public Policy, University of Alaska Anchorage

Author-Name:  Alexander James
Author-Name-First: Alexander
Author-Name-Last: James
Author-Email:  alex.james@uaa.alaska.edu
Author-Workplace-Name: Department of Economics and Public Policy, University of Alaska Anchorage

Title:  The (Uneven) Spatial Distribution of the Bakken Oil Boom

Abstract:  Resulting from a booming shale-energy sector, from 2007 to 2014, real income per capita in North Dakota increased 40%. Does this reflect the experience of a few oil-rich counties, or were the gains more evenly distributed across the region? We find that the shale boom generated significant economic gains for counties above and near the Bakken, but not for those further away. We also document significant state-border effects which are not easily explained. Conditional on distance to the Bakken region, the shale boom generated limited outward migration from South Dakota and, perhaps as a result, the economic gains that accrued there were muted.

Creation-date: 2017-09 
File-URL: http://www.econpapers.uaa.alaska.edu/RePEC/ala/wpaper/ALA201703.pdf
File-Format: Application/pdf
Classification-JEL: Q32, Q33
Keywords: Resource boom, Migration, Regional development
Number: 2017-03
Handle: RePEc:ala:wpaper:2017-03