Authors

Alissa Melberg

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Description

The aim of this study was to test the implications of natural resource abundance for regional economic development for Williston, ND. Williston emerged as a natural choice for this study due to the recent crude oil production boom experienced by it post 2007. The implications of natural resource abundance on regional development are rather mixed in literature. While one strand of literature believes that natural resource industries often create forward linkages which supplement regional development, the other strand believes that it impedes regional development by diverting local resources. The prime objective of this study is to test these two strands of literature by examining the trends in production, local business activities and employment in Williston from 2000 to 2011. This study specifically looks to answer if the oil boom has managed to establish forward linkages by creating new local industries and businesses, generating employment as well as by developing new infrastructure projects post 2007.

Publication Date

4-2013

Keywords

Petroleum

Disciplines

Agricultural and Resource Economics | Growth and Development

Natural Resources a Curse or a Blessing: Evidence from Williston, ND

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