Migrants and boomtowns: evidence from the US shale boom
研究油气开发如何吸引工人迁入繁荣城镇,发现冲击平均三年后显著影响移民,且对中高人力资本工人影响更大,这对农村繁荣城镇的长期增长和经济韧性有政策启示。
This paper analyses if and how oil and gas developments foster in-migration of workers into boomtowns. In particular, we focus on the workers’ human capital, as a way to help local growth. Using a zero-inflated negative binomial model, we find that oil and gas shocks, on average, take three years to significantly impact migration flows into boomtowns. The migration response is heterogeneous with a disproportionately higher positive effect for medium-high human capital workers. The types of human capital gained by rural and sparsely populated boomtowns can have important policy implications for their long-run growth and economic resilience.