IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2016-01-16.html
   My bibliography  Save this article

Could the U.S. Energy Sector Become New Engine For Growth?

Author

Listed:
  • Edward K. Zajicek

    (Department of Economics and Finance, Winston-Salem State University, 104 R. J. Reynolds Center, 601 M. Luther King Jr. Drive, Winston-Salem, North Carolina 27110, U.S.A,)

  • Nikolaos Karagiannis

    (Department of Economics and Finance, Winston-Salem State University, 120 R. J. Reynolds Center, 601 M. Luther King Jr. Drive, Winston-Salem, North Carolina 27110, U.S.A,)

  • Thomas Wilhoit

    (Department of Economics and Finance, Winston-Salem State University, 120 R. J. Reynolds Center, 601 M. Luther King Jr. Drive, Winston-Salem, North Carolina 27110, U.S.A.)

Abstract

The intent of this paper is to discuss the U.S. energy sector in the context of economic growth, employment conditions, manufacturing competitiveness, and trade deficits. The paper carefully examines how utilization of domestic energy resources can strengthen the United States economic position in both domestic and foreign markets. Consideration is given to expanding the use of domestic energy resources to improve competitiveness in the global goods market and reduce dependency on foreign oil. In particular, the sections of the paper discuss: The current U.S. macroeconomic situation with an emphasis on economic growth and labor market; domestic oil and gas production; energy security; institutional arrangements necessary to deliver reliable U.S. energy resources to domestic and foreign markets; and policy considerations deemed necessary to boost energy growth.

Suggested Citation

  • Edward K. Zajicek & Nikolaos Karagiannis & Thomas Wilhoit, 2016. "Could the U.S. Energy Sector Become New Engine For Growth?," International Journal of Energy Economics and Policy, Econjournals, vol. 6(1), pages 113-119.
    • Handle: RePEc:eco:journ2:2016-01-16
    as

    Download full text from publisher

    File URL: http://www.econjournals.com/index.php/ijeep/article/download/1573/1196
    Download Restriction: no
    File URL: http://www.econjournals.com/index.php/ijeep/article/view/1573/1196
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nikolaos Karagiannis & Zagros Madjd-Sadjadi, 2012. "A New Economic Strategy for the USA: A Framework of Alternative Development Notions," Forum for Social Economics, Taylor & Francis Journals, vol. 41(2-3), pages 131-165, July.
    2. Nikolaos Karagiannis & Zagros Madjd-Sadjadi, 2007. "Modern State Intervention in the Era of Globalisation," Books, Edward Elgar Publishing, number 12536.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Gianpaolo Iazzolino & Rossella Gabriele, 2016. "Energy Efficiency and Sustainable Development: An Analysis of Financial Reliability in Energy Service Companies Industry," International Journal of Energy Economics and Policy, Econjournals, vol. 6(2), pages 222-233.
    2. Antonio Angelo Romano & Giuseppe Scandurra & Alfonso Carfora, 2016. "Estimating the Impact of Feed-in Tariff Adoption: Similarities and Divergences among Countries through a Propensity-score Matching Method," International Journal of Energy Economics and Policy, Econjournals, vol. 6(2), pages 144-151.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nikolaos Karagiannis & Zagros Madjd-Sadjadi, 2012. "A New Economic Strategy for the USA: A Framework of Alternative Development Notions," Forum for Social Economics, Taylor & Francis Journals, vol. 41(2-3), pages 131-165, July.
    2. Philip Arestis & Nikolaos Karagiannis & Sangkwon Lee, 2021. "The economic growth of China: enabling politico-institutional and socio-cultural factors," Review of Evolutionary Political Economy, Springer, vol. 2(2), pages 339-358, July.
    3. Phillip Anthony O’Hara, 2013. "Policies and Institutions for Moderating Deep Recessions, Debt Crises and Financial Instabilities," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(1), pages 19-49, March.

    More about this item

    Keywords

    Economic Growth; Energy Consumption; Energy Production; Development Policy;
    All these keywords.

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth
    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological 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:eco:journ2:2016-01-16. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    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.