IDEAS home Printed from https://ideas.repec.org/a/anr/reseco/v13y2021p311-334.html
   My bibliography  Save this article

Economic, Environmental, and Health Impacts of the Fracking Boom

Author

Listed:
  • Katie Jo Black

    (Department of Economics, Kenyon College, Gambier, Ohio 43022, USA)

  • Andrew J. Boslett

    (Rochester Data Science Consortium, Rochester, New York 14604, USA)

  • Elaine L. Hill

    (Department of Public Health Sciences, University of Rochester Medical Center, University of Rochester School of Medicine and Dentistry, Rochester, New York 14642, USA)

  • Lala Ma

    (Department of Economics, Gatton College of Business and Economics, University of Kentucky, Lexington, Kentucky 40506, USA)

  • Shawn J. McCoy

    (Department of Economics, University of Nevada, Las Vegas, Nevada 89154, USA)

Abstract

The shale gas boom revolutionized the energy sector through hydraulic fracturing (fracking). High levels of energy production force communities, states, and nations to consider the externalities and potential risks associated with this unconventional oil and natural gas development (UOGD). In this review, we systematically outline the environmental, economic, and anthropogenic impacts of UOGD, while also considering the diverse methodological approaches to these topics. We summarize the current status and conclusions of the academic literature, in both economic and related fields, while also providing suggested avenues for future research. Causal inference will continue to be important for the evaluation of UOGD costs and benefits. We conclude that current economic, global, and health forces may require researchers to revisit outcomes in the face of a potential shale bust.

Suggested Citation

  • Katie Jo Black & Andrew J. Boslett & Elaine L. Hill & Lala Ma & Shawn J. McCoy, 2021. "Economic, Environmental, and Health Impacts of the Fracking Boom," Annual Review of Resource Economics, Annual Reviews, vol. 13(1), pages 311-334, October.
    • Handle: RePEc:anr:reseco:v:13:y:2021:p:311-334
    DOI: 10.1146/annurev-resource-110320-092648
    as

    Download full text from publisher

    File URL: https://doi.org/10.1146/annurev-resource-110320-092648
    Download Restriction: Full text downloads are only available to subscribers. Visit the abstract page for more information.
    File URL: https://libkey.io/10.1146/annurev-resource-110320-092648?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Deiana, Claudio & Giua, Ludovica, 2023. "This site is closed! The effect of decommissioning mining waste facilities on mortality in the long run," Journal of Environmental Economics and Management, Elsevier, vol. 119(C).
    2. Blundell, Wesley & Kokoza, Anatolii, 2022. "Natural gas flaring, respiratory health, and distributional effects," Journal of Public Economics, Elsevier, vol. 208(C).
    3. Hill, Elaine L. & Ma, Lala, 2022. "Drinking water, fracking, and infant health," Journal of Health Economics, Elsevier, vol. 82(C).
    4. Victor Hernandez Martinez, 2024. "Capital-Skill Complementarity in Manufacturing: Lessons from the US Shale Boom," Working Papers 24-12, Federal Reserve Bank of Cleveland.
    5. Max Harleman & Pramod Manohar & Elaine L. Hill, 2022. "Negotiations of Oil and Gas Auxiliary Lease Clauses: Evidence from Pennsylvania’s Marcellus Shale," NBER Working Papers 30806, National Bureau of Economic Research, Inc.
    6. de Boon, Auvikki & Sandström, Camilla & Rose, David Christian, 2022. "Perceived legitimacy of agricultural transitions and implications for governance. Lessons learned from England’s post-Brexit agricultural transition," Land Use Policy, Elsevier, vol. 116(C).

    More about this item

    Keywords

    hydraulic fracturing; fracking; environmental; economic externalities;
    All these keywords.

    JEL classification:

    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:anr:reseco:v:13:y:2021:p:311-334. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: http://www.annualreviews.org (email available below). General contact details of provider: http://www.annualreviews.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.