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NORTH DAKOTA LIGNITE ENERGY INDUSTRY'S CONTRIBUTION TO THE STATE ECONOMY AgEcon
Coon, Randal C.; Leistritz, F. Larry.
The lignite energy industry of North Dakota has become a significant force in the state's economy since the energy crisis of the 1970s. Key economic measures of the industry's contribution to the state's economy have been estimated annually since 1982. Industry expenditures peaked in 1995 at $543.8 million, excluding the early 1980s when significant plant expansion was occurring. Annual expenditures have been over $400 million since the early 1990s and were $464.9 million in 1998, the most recent year of the analysis. Lignite energy related expenditures were applied to the input- output multipliers to estimate levels of business activity. Personal income resulting from the industry was estimated at $490.5 million in 1998, with retail sales at $320.6...
Tipo: Working or Discussion Paper Palavras-chave: Lignite energy; Economic contribution; Personal income; Retail sales; Tax revenue; Employment; Resource /Energy Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/23102
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