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The economic impact of shale gas extraction: A review of existing studies

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  1. Baranzelli, Claudia & Vandecasteele, Ine & Ribeiro Barranco, Ricardo & Mari i Rivero, Ines & Pelletier, Nathan & Batelaan, Okke & Lavalle, Carlo, 2015. "Scenarios for shale gas development and their related land use impacts in the Baltic Basin, Northern Poland," Energy Policy, Elsevier, vol. 84(C), pages 80-95.
  2. Saussay, Aurélien, 2018. "Can the US shale revolution be duplicated in continental Europe? An economic analysis of European shale gas resources," Energy Economics, Elsevier, vol. 69(C), pages 295-306.
  3. Vásquez Cordano, Arturo L. & Zellou, Abdel M., 2020. "Super cycles in natural gas prices and their impact on Latin American energy and environmental policies," Resources Policy, Elsevier, vol. 65(C).
  4. Virginia Di Nino & Ivan Faiella, 2013. "The �new� non-conventional hydrocarbons: the solution to the energy conundrum?," Questioni di Economia e Finanza (Occasional Papers) 205, Bank of Italy, Economic Research and International Relations Area.
  5. Yu, Chin-Hsien & Huang, Shih-Kai & Qin, Ping & Chen, Xiaolan, 2017. "Households’ Risk Perceptions in Response to Shale Gas Exploitation: Evidence from China," EfD Discussion Paper 17-13, Environment for Development, University of Gothenburg.
  6. Juan C. Surís-Regueiro & José L. Santiago, 2016. "An Input-Output methodological proposal to quantifying socio economic impacts linked to supply shocks," Working Papers 1603, Universidade de Vigo, Departamento de Economía Aplicada.
  7. Rajbhandari, Isha & Faggian, Alessandra & Partridge, Mark D., 2022. "Oil and gas boomtowns and occupations: What types of jobs are created?," Energy Economics, Elsevier, vol. 115(C).
  8. Jenner, Steffen & Lamadrid, Alberto J., 2013. "Shale gas vs. coal: Policy implications from environmental impact comparisons of shale gas, conventional gas, and coal on air, water, and land in the United States," Energy Policy, Elsevier, vol. 53(C), pages 442-453.
  9. Grecu, Eugenia & Aceleanu, Mirela Ionela & Albulescu, Claudiu Tiberiu, 2018. "The economic, social and environmental impact of shale gas exploitation in Romania: A cost-benefit analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 93(C), pages 691-700.
  10. Chris Jeffords & Alexi Thompson & David Yerger, 2015. "Employment Booms and Busts Stemming from Nonrenewable Resource Extraction," International Journal of Energy Economics and Policy, Econjournals, vol. 5(3), pages 809-815.
  11. Richard G. Newell & Daniel Raimi, 2015. "Shale Public Finance: Local Government Revenues and Costs Associated with Oil and Gas Development," NBER Working Papers 21542, National Bureau of Economic Research, Inc.
  12. Jakub Boratyński, 2015. "Ekonomiczne skutki eksploatacji gazu łupkowego," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1, pages 55-82.
  13. Yu, Chin-Hsien & Huang, Shih-Kai & Qin, Ping & Chen, Xiaolan, 2018. "Local residents' risk perceptions in response to shale gas exploitation: Evidence from China," Energy Policy, Elsevier, vol. 113(C), pages 123-134.
  14. Valentina Ivan, 2015. "Key determinants of shale gas impact on energy prices," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 63(5), pages 84-99, May.
  15. Malin, Stephanie A. & Mayer, Adam & Crooks, James L. & McKenzie, Lisa & Peel, Jennifer L. & Adgate, John L., 2019. "Putting on partisan glasses: Political identity, quality of life, and oil and gas production in Colorado," Energy Policy, Elsevier, vol. 129(C), pages 738-748.
  16. Weijermars, Ruud, 2015. "Shale gas technology innovation rate impact on economic Base Case – Scenario model benchmarks," Applied Energy, Elsevier, vol. 139(C), pages 398-407.
  17. Brian E. Whitacre & Dylan L. Johnston & David W. Shideler & Notie H. Lansford, 2020. "The influence of oil and natural gas employment on local retail spending: evidence from Oklahoma panel data," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 64(1), pages 133-157, February.
  18. Paredes, Dusan & Komarek, Timothy & Loveridge, Scott, 2015. "Income and employment effects of shale gas extraction windfalls: Evidence from the Marcellus region," Energy Economics, Elsevier, vol. 47(C), pages 112-120.
  19. Isha Rajbhandari & Alessandra Faggian & Mark Partridge, 2020. "Migrants and boomtowns: micro evidence from the U.S. shale boom," Discussion Paper series in Regional Science & Economic Geography 2020-11, Gran Sasso Science Institute, Social Sciences, revised Dec 2020.
  20. Bugden, Dylan & Kay, David & Glynn, Russell & Stedman, Richard, 2016. "The bundle below: Understanding unconventional oil and gas development through analysis of lease agreements," Energy Policy, Elsevier, vol. 92(C), pages 214-219.
  21. Arora Vipin, 2014. "Aggregate impacts of recent US natural gas trends," The B.E. Journal of Macroeconomics, De Gruyter, vol. 14(1), pages 419-443, January.
  22. Eleanor Stephenson & Karena Shaw, 2013. "¨ A Dilemma of Abundance: Governance Challenges of Reconciling Shale Gas Development and Climate Change Mitigation," Sustainability, MDPI, vol. 5(5), pages 1-23, May.
  23. Burnett, J. Wesley, 2015. "FOREWORD: Unconventional Oil and Gas Development: Economic, Environmental, and Policy Analysis," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 44(2), pages 1-15, August.
  24. Tsvetkova, Alexandra & Partridge, Mark D., 2016. "Economics of modern energy boomtowns: Do oil and gas shocks differ from shocks in the rest of the economy?," Energy Economics, Elsevier, vol. 59(C), pages 81-95.
  25. Agerton, Mark & Hartley, Peter R. & Medlock, Kenneth B. & Temzelides, Ted, 2017. "Employment impacts of upstream oil and gas investment in the United States," Energy Economics, Elsevier, vol. 62(C), pages 171-180.
  26. Andrii Butyrskyi & Liudmyla Nikolenko & Borys Poliakov & Natalya Ivanyuta & Lesia Donchak & Iryna Butyrska, 2019. "Economic, Investment and Legal Paradigm of Shale Gas Development - World Experience and Prospects for Ukraine," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 15(2), pages 165-179.
  27. Corey Young, 2023. "Employment and Income Effects of Investments Made Using the Act 13 Unconventional Natural Gas Impact Fee in Pennsylvania," Energies, MDPI, vol. 16(11), pages 1-11, May.
  28. Maguire, Karen & Winters, John V., 2016. "Energy Boom and Gloom? Local Effects of Oil and Natural Gas Drilling on Subjective Well-Being," IZA Discussion Papers 9811, Institute of Labor Economics (IZA).
  29. Holahan, Robert & Arnold, Gwen, 2013. "An institutional theory of hydraulic fracturing policy," Ecological Economics, Elsevier, vol. 94(C), pages 127-134.
  30. Paweł Ziółkowski & Stanisław Głuch & Piotr Józef Ziółkowski & Janusz Badur, 2022. "Compact High Efficiency and Zero-Emission Gas-Fired Power Plant with Oxy-Combustion and Carbon Capture," Energies, MDPI, vol. 15(7), pages 1-39, April.
  31. Arnold, Gwen & Farrer, Benjamin & Holahan, Robert, 2018. "How do landowners learn about high-volume hydraulic fracturing? A survey of Eastern Ohio landowners in active or proposed drilling units," Energy Policy, Elsevier, vol. 114(C), pages 455-464.
  32. Howell, Rachel A., 2018. "UK public beliefs about fracking and effects of knowledge on beliefs and support: A problem for shale gas policy," Energy Policy, Elsevier, vol. 113(C), pages 721-730.
  33. Matthew Rousu & Dave Ramsaran & Dylan Furlano, 2015. "Guidelines for Conducting Economic Impact Studies on Fracking," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 21(2), pages 213-225, May.
  34. Hess, Joshua H. & Manning, Dale T. & Iverson, Terry & Cutler, Harvey, 2019. "Uncertainty, learning, and local opposition to hydraulic fracturing," Resource and Energy Economics, Elsevier, vol. 55(C), pages 102-123.
  35. Zsófia Benedek & Imre Fertő & Viktória Szente, 2020. "The Multiplier Effects of Food Relocalization: A Systematic Review," Sustainability, MDPI, vol. 12(9), pages 1-18, April.
  36. Munasib, Abdul & Rickman, Dan S., 2015. "Regional economic impacts of the shale gas and tight oil boom: A synthetic control analysis," Regional Science and Urban Economics, Elsevier, vol. 50(C), pages 1-17.
  37. Kirat, Yassine, 2021. "The US shale gas revolution: An opportunity for the US manufacturing sector?," International Economics, Elsevier, vol. 167(C), pages 59-77.
  38. Kelly Hastings & Lauren R Heller & E Frank Stephenson, 2017. "Fracking and Labor Market Conditions: A Comparison of Pennsylvania and New York Border Counties," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 43(4), pages 649-659, September.
  39. White, Nancy, 2012. "A Tale of Two Shale Plays," The Review of Regional Studies, Southern Regional Science Association, vol. 42(2), pages 107-119, Summer.
  40. Hongxun Liu & Jianglong Li, 2018. "The US Shale Gas Revolution and Its Externality on Crude Oil Prices: A Counterfactual Analysis," Sustainability, MDPI, vol. 10(3), pages 1-17, March.
  41. Fleming, David & Komarek, Timothy & Partridge, Mark & Measham, Thomas, 2015. "The Booming Socioeconomic Impacts of Shale: A Review of Findings and Methods in the Empirical Literature," MPRA Paper 68487, University Library of Munich, Germany.
  42. Evensen, Darrick & Stedman, Rich, 2017. "Beliefs about impacts matter little for attitudes on shale gas development," Energy Policy, Elsevier, vol. 109(C), pages 10-21.
  43. Surís-Regueiro, Juan C. & Santiago, Jose L., 2018. "Assessment of Socioeconomic Impacts Through Physical Multipliers: The Case of Fishing Activity in Galicia (Spain)," Ecological Economics, Elsevier, vol. 147(C), pages 276-297.
  44. Zirogiannis, Nikolaos & Alcorn, Jessica & Piepenburg, Jayne & Rupp, John, 2015. "I Want In On That: Community-level Policies for Unconventional Gas Development in New York," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 44(2), pages 1-31, August.
  45. 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.
  46. Hoy, Kyle A. & Kelsey, Timothy W. & Shields, Martin, 2017. "An Economic Impact Report of Shale Gas Extraction in Pennsylvania with Stricter Assumptions," Ecological Economics, Elsevier, vol. 138(C), pages 178-185.
  47. Timothy W. Kelsey & Mark D. Partridge & Nancy E. White, 2016. "Unconventional Gas and Oil Development in the United States: Economic Experience and Policy Issues," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 38(2), pages 191-214.
  48. Philip B. Whyman, 2018. "The local economic impact of shale gas extraction," Regional Studies, Taylor & Francis Journals, vol. 52(2), pages 184-196, February.
  49. Tunstall, Thomas, 2015. "Recent Economic and Community Impact of Unconventional Oil and Gas Exploration and Production on South Texas Counties in the Eagle Ford Shale Area," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 45(1).
  50. Yu Zhang & John A. Rupp & John D. Graham, 2021. "Contrasting Public and Scientific Assessments of Fracking," Sustainability, MDPI, vol. 13(12), pages 1-21, June.
  51. Clarke, Christopher E. & Bugden, Dylan & Hart, P. Sol & Stedman, Richard C. & Jacquet, Jeffrey B. & Evensen, Darrick T.N. & Boudet, Hilary S., 2016. "How geographic distance and political ideology interact to influence public perception of unconventional oil/natural gas development," Energy Policy, Elsevier, vol. 97(C), pages 301-309.
  52. John D. Graham & John A. Rupp & Olga Schenk, 2015. "Unconventional Gas Development in the USA: Exploring the Risk Perception Issues," Risk Analysis, John Wiley & Sons, vol. 35(10), pages 1770-1788, October.
  53. Jianu Daniel Muresan & Mihail Vincentiu Ivan, 2015. "Controversies Regarding Costs, Uncertainties and Benefits Specific to Shale Gas Development," Sustainability, MDPI, vol. 7(3), pages 1-17, March.
  54. Yassine Kirat, 2021. "The US shale gas revolution: An opportunity for the US manufacturing sector?," Post-Print hal-03676616, HAL.
  55. Cosgrove, Brendan M. & LaFave, Daniel R. & Dissanayake, Sahan T. M. & Donihue, Michael R., 2015. "The Economic Impact of Shale Gas Development: A Natural Experiment along the New York / Pennsylvania Border," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 44(2), pages 1-20, August.
  56. Corey Young, 2023. "Between a Rock and a Hard Place: Governing Unconventional Natural Gas at the Local Level in the United States," Sustainability, MDPI, vol. 15(7), pages 1-14, March.
  57. Andres Soage & Ruben Juanes & Ignasi Colominas & Luis Cueto-Felgueroso, 2021. "The Impact of the Geometry of the Effective Propped Volume on the Economic Performance of Shale Gas Well Production," Energies, MDPI, vol. 14(9), pages 1-22, April.
  58. Jason Brown, 2015. "The response of employment to changes in oil and gas exploration and drilling," Economic Review, Federal Reserve Bank of Kansas City, issue Q II, pages 57-81.
  59. Dudensing, Rebekka & Guerrero, Bridget & Amosson, Steve, 2019. "Evaluating the Accuracy of Regional Economic Impact Estimates: Considering a 2013 Beef Plant Closure in Texas," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 49(1), May.
  60. Palma, Alessia & Paltrinieri, Andrea & Goodell, John W. & Oriani, Marco Ercole, 2024. "The black box of natural gas market: Past, present, and future," International Review of Financial Analysis, Elsevier, vol. 94(C).
  61. Chi Kong Chyong and David M. Reiner, 2015. "Economics and Politics of Shale Gas in Europe," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 1).
  62. Mayer, Adam, 2018. "The Fiscal Impacts of Energy: Perspectives from local governments in the Mountain West, USA," Energy Policy, Elsevier, vol. 122(C), pages 186-193.
  63. Arturo L. Vásquez Cordano & Abdel M. Zellou, 2016. "Where are natural gas prices heading, and what are the environmental consequences for Latin America?," Working Papers 71, Peruvian Economic Association.
  64. Susan Amiesa Fubara & Omowumi O. Iledare & Obindah Gershon & Jeremiah Ejemeyovwi, 2019. "Natural Resource Extraction and Economic Performance of the Niger Delta Region in Nigeria," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 188-193.
  65. Dusan Paredes & Timothy Komarek & Scott Loveridge, 2014. "Assessing the Income and Employment Effects of Shale Gas Extraction Windfalls: Evidence from the Marcellus Region," Documentos de Trabajo en Economia y Ciencia Regional 49, Universidad Catolica del Norte, Chile, Department of Economics, revised Mar 2014.
  66. Darrick Evensen & Christopher Clarke & Richard Stedman, 2014. "A New York or Pennsylvania state of mind: social representations in newspaper coverage of gas development in the Marcellus Shale," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 4(1), pages 65-77, March.
  67. James Yoo, 2015. "The Economic Impacts of the Change in Sectoral Water Use in Maricopa County, Arizona: Modified Input-Output Approach," Proceedings of International Academic Conferences 2804932, International Institute of Social and Economic Sciences.
  68. Christenson, Dino P. & Goldfarb, Jillian L. & Kriner, Douglas L., 2017. "Costs, benefits, and the malleability of public support for “Fracking”," Energy Policy, Elsevier, vol. 105(C), pages 407-417.
  69. Kim, Byung-Cheol & Oliver, Matthew E., 2017. "Taming drillers through legislative action: Evidence from Pennsylvania’s shale gas industry," Resource and Energy Economics, Elsevier, vol. 50(C), pages 15-35.
  70. Weinstein, Amanda L. & Partridge, Mark D. & Tsvetkova, Alexandra, 2018. "Follow the money: Aggregate, sectoral and spatial effects of an energy boom on local earnings," Resources Policy, Elsevier, vol. 55(C), pages 196-209.
  71. Karen Maguire & John V. Winters, 2017. "Energy Boom and Gloom? Local Effects of Oil and Natural Gas Drilling on Subjective Well†Being," Growth and Change, Wiley Blackwell, vol. 48(4), pages 590-610, December.
  72. Mathieu Bordigoni, 2013. "L'impact du coût de l'énergie sur la compétitivité de l'industrie manufacturière," Working Papers hal-00916123, HAL.
  73. Wang, Haoying, 2018. "An Economic Impact Analysis of Oil and Natural Gas Development in the Permian Basin," MPRA Paper 89280, University Library of Munich, Germany.
  74. Gourley, Patrick & Madonia, Greg, 2018. "Resource booms and crime: Evidence from oil and gas production in Colorado," Resource and Energy Economics, Elsevier, vol. 54(C), pages 37-52.
  75. Tunstall, Thomas, 2015. "Iterative Bass Model forecasts for unconventional oil production in the Eagle Ford Shale," Energy, Elsevier, vol. 93(P1), pages 580-588.
  76. Jack Pegram & Gioia Falcone & Athanasios Kolios, 2018. "A Review of Job Role Localization in the Oil and Gas Industry," Energies, MDPI, vol. 11(10), pages 1-18, October.
  77. James Yoo & Charles Perrings, 2017. "Modeling the short-run costs of changes in water availability in a desert city: a modified input-output approach," International Review of Applied Economics, Taylor & Francis Journals, vol. 31(4), pages 549-564, July.
  78. Kuan‐Ming Huang & Xiaoli Etienne, 2021. "Impact of Marcellus and Utica shale exploitation on Ohio, Pennsylvania, and West Virginia Regional Economies: A synthetic control analysis," Papers in Regional Science, Wiley Blackwell, vol. 100(6), pages 1449-1479, December.
  79. Bilgili, Faik & Koçak, Emrah & Bulut, Ümit & Sualp, M. Nedim, 2016. "How did the US economy react to shale gas production revolution? An advanced time series approach," Energy, Elsevier, vol. 116(P1), pages 963-977.
  80. Auping, Willem L. & Pruyt, Erik & de Jong, Sijbren & Kwakkel, Jan H., 2016. "The geopolitical impact of the shale revolution: Exploring consequences on energy prices and rentier states," Energy Policy, Elsevier, vol. 98(C), pages 390-399.
  81. Chang, Yuan & Huang, Runze & Ries, Robert J. & Masanet, Eric, 2014. "Shale-to-well energy use and air pollutant emissions of shale gas production in China," Applied Energy, Elsevier, vol. 125(C), pages 147-157.
  82. Wang, Qiang & Chen, Xi & Jha, Awadhesh N. & Rogers, Howard, 2014. "Natural gas from shale formation – The evolution, evidences and challenges of shale gas revolution in United States," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 1-28.
  83. 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).
  84. Measham, Thomas & Fleming, David & Schandl, Heinz, 2015. "A Conceptual Model of the Socioeconomic Impacts of Unconventional Fossil Fuel Extraction," MPRA Paper 68523, University Library of Munich, Germany, revised 24 Nov 2015.
  85. Weinstein, Amanda & Partridge, Mark & Tsvetkova, Alexandra, 2017. "Follow the Money: How Does the Income Flow After an Energy Boom," MPRA Paper 77336, University Library of Munich, Germany.
  86. Lee, Jim, 2015. "The regional economic impact of oil and gas extraction in Texas," Energy Policy, Elsevier, vol. 87(C), pages 60-71.
  87. Yao, Liuyang & Sui, Bo, 2020. "Heterogeneous preferences for shale water management: Evidence from a choice experiment in Fuling shale gas field, southwest China," Energy Policy, Elsevier, vol. 147(C).
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