The Long Run Impact of Pennsylvania’s Fracking Boom on Local Residents’ Income
This paper presents a case study investigation into the effects of the Pennsylvania fracking boom on the incomes of local residents. Per capita income is 11 to 19 percent higher in counties with a high level of fracking activity compared to a comparable synthetic control without fracking activity. In the long run the component of residents’ income most impacted by fracking is royalties received by the landowners of drilling sites. Fracking has had a far more modest, fleeting effect on the economies of rural areas of Pennsylvania with small or moderate numbers of wells drilled.
Files
Metadata
Work Title | The Long Run Impact of Pennsylvania’s Fracking Boom on Local Residents’ Income |
---|---|
Access | |
Creators |
|
License | CC BY-NC-ND 4.0 (Attribution-NonCommercial-NoDerivatives) |
Work Type | Article |
Publisher |
|
Publication Date | November 1, 2023 |
Deposited | May 10, 2024 |
Versions
Analytics
Collections
This resource is currently not in any collection.