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Economic effects in the UK periphery from unconventional gas development: Evidence from Wales

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  • Evans, Neil
  • Jones, Calvin
  • Munday, Max
  • Song, Meng

Abstract

The paper examines the potential regional economic benefits of the development of unconventional gas. Wales (UK) represents an interesting lens through which to examine the expected effects of unconventional gas developments. In spite of significant resource endowments the region has found it difficult to internalise the economic benefits from prior energy developments. We examine whether possible commercial exploitation of unconventional gas in Wales will be any different from recent rounds of resource and energy investment. We address the challenges for resource peripheries in embedding economic activity linked to unconventional gas and show that there are dangers in generalising economic impact evidence from other states.

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  • Evans, Neil & Jones, Calvin & Munday, Max & Song, Meng, 2019. "Economic effects in the UK periphery from unconventional gas development: Evidence from Wales," Energy, Elsevier, vol. 166(C), pages 1037-1046.
    • Handle: RePEc:eee:energy:v:166:y:2019:i:c:p:1037-1046
    DOI: 10.1016/j.energy.2018.10.060
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    2. Wang, Haoying, 2020. "The economic impact of oil and gas development in the Permian Basin: Local and spillover effects," Resources Policy, Elsevier, vol. 66(C).

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