Download This PaperGlobal, National Business Cycles and Energy Explain Texas Metro Growth
4 Pages Posted: 27 Jul 2018 Last revised: 29 Apr 2020
Date Written: 2018
Abstract
A mix of global, national and state-specific shocks help drive employment fluctuations between U.S. states. Econometric modeling shows such differences among metropolitan areas also reflect a mix of shocks. Texas cities strongly tied to oil and gas activity appear more affected by energy-sector shocks than other metros in the state.
Suggested Citation: Suggested Citation
Chudik, Alexander and Koech, Janet and Wynne, Mark A., Global, National Business Cycles and Energy Explain Texas Metro Growth (2018). Economic Letter, Vol. 13, Issue 4, pp. 1-4, 2018, Available at SSRN: https://ssrn.com/abstract=3219454
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