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.
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.
https://cornerstone.lib.mnsu.edu/urs/2013/oral-session-15/1
