Event Title

An Analysis of Labor and Infrastructure Issues Brought by the North Dakota Oil Boom

Location

CSU 202

Start Date

16-4-2013 3:25 PM

End Date

16-4-2013 4:25 PM

Student's Major

Economics

Student's College

Social and Behavioral Sciences

Mentor's Name

Ihsuan Li

Mentor's Department

Economics

Mentor's College

Social and Behavioral Sciences

Description

This paper analyzes the major issues concerning labor force and city infrastructure as a result of the oil boom in North Dakota. While sudden increases in natural resources provide opportunities for economic growth it also creates challenges for residents and public administrators. Previous studies have examined the short and long term impacts of these sudden natural abundances and the results show that the impacts could be either positive or negative depending on the sufficiency of labor force and city infrastructure. This paper asks: 1) what will be the short and long term impact of growing immigration due to the oil boom and how will these sudden unexpected changes in population affect the labor force dynamics and existing infrastructure in North Dakota? 2) How to prevent from the negative effects of recourse booms so called “Dutch Disease”? 3) How can policy makers meet urgent needs of growing population with limited government financial resources? These issues are analyzed in lights of historical similarities and differences of oil booms in North Dakota and Texas which enjoyed the positive effects. To find the answer for these research questions, I collected historical annual data set from 1951-2011, for North Dakota, Texas and U.S. and the data is divided in 3 periods of according to the booms occurred during the history. I used t-test of mean and difference in mean, t-test of proportion and difference in proportion, and chi square test of independence to analyze the relationship between the variables by using the Stata software V.11.

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Apr 16th, 3:25 PM Apr 16th, 4:25 PM

An Analysis of Labor and Infrastructure Issues Brought by the North Dakota Oil Boom

CSU 202

This paper analyzes the major issues concerning labor force and city infrastructure as a result of the oil boom in North Dakota. While sudden increases in natural resources provide opportunities for economic growth it also creates challenges for residents and public administrators. Previous studies have examined the short and long term impacts of these sudden natural abundances and the results show that the impacts could be either positive or negative depending on the sufficiency of labor force and city infrastructure. This paper asks: 1) what will be the short and long term impact of growing immigration due to the oil boom and how will these sudden unexpected changes in population affect the labor force dynamics and existing infrastructure in North Dakota? 2) How to prevent from the negative effects of recourse booms so called “Dutch Disease”? 3) How can policy makers meet urgent needs of growing population with limited government financial resources? These issues are analyzed in lights of historical similarities and differences of oil booms in North Dakota and Texas which enjoyed the positive effects. To find the answer for these research questions, I collected historical annual data set from 1951-2011, for North Dakota, Texas and U.S. and the data is divided in 3 periods of according to the booms occurred during the history. I used t-test of mean and difference in mean, t-test of proportion and difference in proportion, and chi square test of independence to analyze the relationship between the variables by using the Stata software V.11.

Recommended Citation

Barin, Ozlem. "An Analysis of Labor and Infrastructure Issues Brought by the North Dakota Oil Boom." Undergraduate Research Symposium, Mankato, MN, April 16, 2013.
http://cornerstone.lib.mnsu.edu/urs/2013/oral-session-15/1