Social and Behavioral Sciences Commons^™

Effects Of Natural Resource Abundance On Institutions: Which, Where And When?, Luisa Blanco, Jeffrey Nugent, Graham Veenstra

School of Public Policy Working Papers

Much research has gone into the effects of oil and other natural resources on growth in which political institutions are often seen as the link between the two. Since institutions are difficult to measure and change very slowly over time, the analysis has largely been confined to cross-country comparisons, most frequently investigating the effects on levels of democracy. This paper builds on recent analyses of the effects of oil endowments, prices and exports on democracy to examine the effects on several different types of institutional change, making use of panel data on over 100 countries between 1975 and 2005 wherever …

Revisiting The Economic Impact Of The Natural Gas Activity In The Fayetteville Shale: 2008-2012, Katherine A. Deck, Viktoria Riiman

Publications and Presentations

In 2008, the Center for Business and Economic Research released a study that estimated the economic impact of projected Fayetteville Shale activities from 2008 to 2012. This updated report revisits the assumptions of the initial study, reviews the impact of actual activities in the Fayetteville Shale from 2008 to 2011, and delivers some insights into projected impacts for 2012.

Exploration and production of natural gas in the Fayetteville Shale area generates direct effects from drilling wells and causes the need for supporting activities such as construction, transportation, storage, and distribution. Moreover, investments made by oil and gas companies produce indirect …