The Economic Impact of the Coal Boom and Bust
研究了1970年代煤炭繁荣和1980年代煤炭萧条对肯塔基、俄亥俄、宾夕法尼亚和西弗吉尼亚地方劳动力市场的影响,发现就业溢出效应仅存在于本地贸易品部门。
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 not into sectors with nationally traded goods. Copyright 2005 Royal Economic Society.