The economic impact of oil and gas development in the Permian Basin: Local and spillover effects

H Wang - Resources Policy, 2020 - Elsevier
The Permian Basin is one of the most prolific oil and natural gas geologic basins in the US.
With soaring production in the last decade, the economic impact of oil and gas development …

Decomposing crude price differentials: Domestic shipping constraints or the crude oil export ban?

M Agerton, GB Upton Jr - The Energy Journal, 2019 - journals.sagepub.com
Over the past decade the primary US crude benchmark, WTI, diverged considerably from its
foreign counterpart, Brent, sometimes selling at a steep discount. Some studies pointed to …

Labor demand shocks and earnings and employment differentials: Evidence from the US shale oil & gas boom

GB Upton Jr, H Yu - Energy Economics, 2021 - Elsevier
In this paper, we show that labor market shocks that overwhelmingly directly impacted
specific workers (male workers and workers with a high school education) in a specific …

[PDF][PDF] Firm dynamics and local economic shocks: Evidence from the shale oil and gas boom

RA Decker, M McCollum, GB Upton Jr - 42nd IAEE International …, 2017 - yorku.ca
Empirical evidence and models of firm dynamics ascribe an important job creation role to
new businesses and a particular sensitivity of young firms to economic shocks. Studying the …

Response of consumer debt to income shocks: The case of energy booms and busts

JP Brown - Journal of Money, Credit and Banking, 2021 - Wiley Online Library
Consumer debt is an important vehicle for smoothing through income shocks. I study
localized income shocks from oil and gas development to investigate consumer response …

Oil prices and urban housing demand

WD Larson, W Zhao - Real Estate Economics, 2020 - Wiley Online Library
We develop a model of a monocentric, oil‐exporting city. The model predicts a
“twist”(rotation combined with a level shift) of the house price gradient with an oil price …

What the frack? The impact of seismic activity on residential property values

C Mothorpe, D Wyman - Journal of Housing Research, 2021 - Taylor & Francis
We utilize the US Geological Survey (USGS) Did You Feel It?(DYFI) system to estimate the
impact of induced earthquake activity on residential property values in Oklahoma City …

Boom town business dynamics

RA Decker, M McCollum, GB Upton - Journal of Human Resources, 2024 - jhr.uwpress.org
The US shale oil and gas boom provides a unique opportunity to study economic growth in a
“boom town” environment, derive insights about labor market expansions more generally …

Are energy endowed countries responsible for conditional convergence?

ME Oliver, GB Upton Jr - The Energy Journal, 2022 - journals.sagepub.com
We test for economic convergence in GDP per capita and consumption per capita within two
distinct sets of countries: those with significant (and plausibly exogenous) fossil fuel (FF) …

[PDF][PDF] Local labor market shocks and employment and earnings differentials: Evidence from shale oil and gas booms

GB Upton, H Yu - SSRN Electronic Journal, 2017 - gregoryuptonjr.com
For decades, labor economics research has focused on explaining earnings differentials.
This paper employs a novel approach by exploiting shale oil and gas developments to …