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Impact Of Higher Natural Gas Prices On The Northeast Regional Economy

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  • ROBERTA. LEONE

Abstract

This paper examines the impact of higher natural gas prices on the Northeast regional economy. While there is a common belief that higher gas prices will further disadvantage the already high‐energy‐cost Northeast, recent analysis suggests the opposite conclusion. Simply stated, by virtue of using relatively little natural gas, industry in the Northeast will likely experience an improvement in its competitiveness as gas prices rise; at the same time, the region could contribute relatively little to the higher revenues for gas producers. In contrast, by virtue of high population, high income, political strength, and improved competitiveness, the region will likely receive at least its proportionate share of these revenues as they are recycled throughout the national economy

Suggested Citation

  • Roberta. Leone, 1982. "Impact Of Higher Natural Gas Prices On The Northeast Regional Economy," Contemporary Economic Policy, Western Economic Association International, vol. 1(1), pages 1-8, October.
    • Handle: RePEc:bla:coecpo:v:1:y:1982:i:1:p:1-8
    DOI: 10.1111/j.1465-7287.1982.tb00749.x
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    Cited by:

    1. Godil, Danish Iqbal & Sarwat, Salman & Khan, Muhammad Kamran & Ashraf, Muhammad Sajjad & Sharif, Arshian & Ozturk, Ilhan, 2022. "How the price dynamics of energy resources and precious metals interact with conventional and Islamic Stocks: Fresh insight from dynamic ARDL approach," Resources Policy, Elsevier, vol. 75(C).
    2. Meysam Azizi Kouchaksaraei & Hamed Movahedizadeh & Hoda Mohammadalikhani, 2016. "Determinant of the Relationship between Natural Gas Prices and Leading Natural Gas Countries¡¯ Stock Exchange," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(4), pages 246-253, April.
    3. Vipin Arora and Jozef Lieskovsky, 2014. "Natural Gas and U.S. Economic Activity," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).

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