Munich Personal RePEc Archive

Shale and the US Economy: Three Counterfactuals

Arora, Vipin (2017): Shale and the US Economy: Three Counterfactuals.

[img]
Preview
PDF
MPRA_paper_79672.pdf

Download (2MB) | Preview

Abstract

I use three different—and simple—counterfactuals to approximate the real GDP and employment effects of US oil and gas production from shale over the 2011 to 2015 period. Real GDP growth would have been 0.7 to 0.2 percentage points lower on average each year over that period without such increases; employment growth 0.5 to 0.1 percentage points lower.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.