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Social and Behavioral Sciences Commons

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Economics

Bureau of Business & Economic Research

Series

2020

Economic impact

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Full-Text Articles in Social and Behavioral Sciences

Economic Impact Of Downstream Gas Development In West Virginia, Eric Bowen Feb 2020

Economic Impact Of Downstream Gas Development In West Virginia, Eric Bowen

Bureau of Business & Economic Research

Downstream gas development has the potential to provide significant economic value if West Virginia can capture this development within its borders. In this report, we explore the potential impact of downstream natural gas industries on the West Virginia economy. To estimate the economic impact of downstream natural gas development, we take a two-pronged approach. First, we identify those industries nationally that require large amounts of natural gas in their production process. We then choose three of these industries that have the greatest potential for development within West Virginia. Second, we estimate the economic impact of a typical establishment in each …