Planning for a Resource-Rich Region: The Case of Alaska
A model has been developed to estimate the regional economic impacts of resource development and to evaluate the regional policies designed to deal with these impacts. An Alaskan model is utilized, as that state's petroleum resources are developed to meet the country's energy needs. Fluctu...
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| Veröffentlicht in: | The American economic review 1978-05, Vol.68 (2), p.99-104 |
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| container_title | The American economic review |
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| creator | Kresge, David T. Seiver, Daniel A. |
| description | A model has been developed to estimate the regional economic impacts of resource development and to evaluate the regional policies designed to deal with these impacts. An Alaskan model is utilized, as that state's petroleum resources are developed to meet the country's energy needs. Fluctuations in the regional economy are accentuated by surges in local and state spending during development boom periods. This activity eventually leads to fiscal difficulties. An effective policy strategy would be for state and local government expenditures to grow at a steady rate based on long-run projections of revenues. Individual economic well-being cannot be increased by using revenues from resource developments to reduce personal income taxes. The gains in disposable income per capita are dissipated by induced immigration. |
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The gains in disposable income per capita are dissipated by induced immigration.</description><identifier>ISSN: 0002-8282</identifier><identifier>EISSN: 1944-7981</identifier><identifier>CODEN: AENRAA</identifier><language>eng</language><publisher>Menasha, Wis: The American Economic Association</publisher><subject>Alaska ; Economic development ; Economic growth models ; Economic growth rate ; Economic impact ; Economic models ; Economic planning ; Energy resources ; Fiscal policy ; Government spending ; Personal income ; Petroleum ; Petroleum industry ; Problems of Regional Economic Development ; Revenue ; Savings rates ; Simulation ; State ; Tax cuts ; Taxes ; United States environmental policy</subject><ispartof>The American economic review, 1978-05, Vol.68 (2), p.99-104</ispartof><rights>Copyright 1978 American Economic Association</rights><rights>Copyright American Economic Association May 1978</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/1816670$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/1816670$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,776,780,799,27844,27848,57995,58228</link.rule.ids></links><search><creatorcontrib>Kresge, David T.</creatorcontrib><creatorcontrib>Seiver, Daniel A.</creatorcontrib><title>Planning for a Resource-Rich Region: The Case of Alaska</title><title>The American economic review</title><description>A model has been developed to estimate the regional economic impacts of resource development and to evaluate the regional policies designed to deal with these impacts. 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| fulltext | fulltext |
| identifier | ISSN: 0002-8282 |
| ispartof | The American economic review, 1978-05, Vol.68 (2), p.99-104 |
| issn | 0002-8282 1944-7981 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_59036079 |
| source | Jstor Complete Legacy; PAIS Index; Business Source Complete; Periodicals Index Online |
| subjects | Alaska Economic development Economic growth models Economic growth rate Economic impact Economic models Economic planning Energy resources Fiscal policy Government spending Personal income Petroleum Petroleum industry Problems of Regional Economic Development Revenue Savings rates Simulation State Tax cuts Taxes United States environmental policy |
| title | Planning for a Resource-Rich Region: The Case of Alaska |
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