Incoming Industry and Structural Change: Oil and the Aberdeen Economy

Harris, Anthony H, et al
Authors registered in the RePEc Author Service: Anthony Howard Harris

Scottish Journal of Political Economy, 1987, vol. 34, issue 1, 69-90

Abstract: This paper quantifies the employment effects of the oil industry on the local economy of Aberdeen. It estimates not only the regional multiplier effects of the new industry, but also uses a form of shift-share analysis to estimate the supply-side effects on the labor and property markets. It is argued that in addition to creating jobs, the oil sector has also displaced existing jobs in non-oil industries and deterred new firms from entering the area. Quantification of the displacement and deterrence effects suggests that they are not large, but that they are significant in a number of individual industries. Coauthors are Michael G. Lloyd, Alastair J. McGuire, and David A. Newlands. Copyright 1987 by Scottish Economic Society.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:bla:scotjp:v:34:y:1987:i:1:p:69-90

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