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Wiley InterScience

The Economic Journal

The Economic Journal

Volume 115 Issue 503, Pages 449 - 476

Published Online: 4 Apr 2005

Journal compilation © 2010 by the Royal Economic Society (Registered Charity No. 231508)



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The Economic Impact Of The Coal Boom And Bust*
Dan Black 1 , Terra McKinnish 2 and Seth Sanders 3
  1 Syracuse University
  2 University of Colorado
  3 University of Maryland

  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

ABSTRACT

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.


Date of receipt of first submission: December 2000 Date of receipt of final typescript: April 2004

DIGITAL OBJECT IDENTIFIER (DOI)
10.1111/j.1468-0297.2005.00996.x About DOI

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