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Wiley InterScience | |||
![]() The Economic JournalVolume 115 Issue 503, Pages 449 - 476 Published Online: 4 Apr 2005 Journal compilation © 2010 by the Royal Economic Society (Registered Charity No. 231508) Published on behalf of the Royal Economic Society
Abstract | References | Full Text: HTML, PDF (Size: 323K) | Related Articles | Citation Tracking The Economic Impact Of The Coal Boom And Bust* * We thank Steve Allen, Susan Black, Amitabh Chandra, Phillip McGivney, Reginald Roberts and the Center for Business and Economics Research of the University of Kentucky for their research assistance. We thank the National Science Foundation for financial support. Two referees provided comments that greatly improved the paper. Copyright 2005 Royal Economic Society ABSTRACTIn 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. Date of receipt of first submission: December 2000 Date of receipt of final typescript: April 2004 |