The Economic Impact of the Coal Boom and Bust

28 Pages Posted: 2 Apr 2005

See all articles by Dan Black

Dan Black

University of Chicago - Harris Public Policy

Terra McKinnish

University of Colorado at Boulder - Department of Economics

Seth G. Sanders

University of Maryland - Department of Economics

Abstract

In this paper, we examine the impact of the coal boom in the 1970s and the subsequent coal bust in the 1980s on local labour markets in Kentucky, Ohio, Pennsylvania, and West Virginia. We address two main questions in our analysis. How were non-mining sectors affected by the shocks to the mining sector? How did these effects differ between sectors producing local goods and those producing traded goods? We find evidence of modest employment spillovers into sectors with locally traded goods but not into sectors with nationally traded goods.

Suggested Citation

Black, Dan and McKinnish, Terra and Sanders, Seth G., The Economic Impact of the Coal Boom and Bust. Economic Journal, Vol. 115, No. 503, pp. 449-476, April 2005. Available at SSRN: https://ssrn.com/abstract=696971

Dan Black (Contact Author)

University of Chicago - Harris Public Policy ( email )

1155 East 60th Street
Chicago, IL 60637
United States

Terra McKinnish

University of Colorado at Boulder - Department of Economics ( email )

Campus Box 256
Boulder, CO 80309-0256
United States

Seth G. Sanders

University of Maryland - Department of Economics ( email )

College Park, MD 20742
United States

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