繁荣
经济
色散(光学)
空间色散
估计
计量经济学
生产(经济)
油页岩
集聚经济
宏观经济学
自然资源经济学
环境科学
微观经济学
地质学
物理
古生物学
管理
环境工程
光学
作者
Alexander James,Brock Smith
摘要
Feyrer, Mansur, and Sacerdote (2017) estimates the spatial dispersion of the effects of the recent shale-energy boom by unconditionally regressing income and employment on energy production at various levels of geographic aggregation. However, producing counties tend to be located near each other and receive inward spillovers from neighboring production. This inflates the estimated effect of own-county production and spatial aggregation does not address this. We propose an alternative estimation strategy that accounts for these spillovers and identify reduced propagation effects. The proposed estimation strategy can be applied more generally to estimate the dispersion of multiple, simultaneously occurring economic shocks. (JEL E24, E32, J31, Q35, Q43, R11, R23)
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