Coal demand, market forces, and U.S. coal mine closures.

Economic transitions have the potential to displace workers and cause social unrest. Coal mine closures and the resulting employment losses in rural areas have become salient issues. Using data on coal mine and power plant operation, we model closure as a function of expected profits, which allows u...

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Publicado en:Economic Inquiry Vol. 61; no. 1; pp. 35 - 58
Autores principales: Watson, Brett, Lange, Ian, Linn, Joshua
Formato: Artículo
Publicado: Wiley-Blackwell Jan2023
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Coal demand, market forces, and U.S. coal mine closures.
      aug:
        au:
          Watson, Brett
          Lange, Ian
          Linn, Joshua
        affil:
          Institute of Social and Economic Research, University of Alaska Anchorage, Anchorage Alaska,, USA
          Division of Economics & Business, Colorado School of Mines, Golden Colorado,, USA
          University of Maryland, College Park Maryland,, USA
          Resources for the Future, Washington District of Columbia,, USA
      su:
        Social unrest
        Mine closures
        Coal mining
        Coal
        Natural gas prices
        Electric power consumption
      sug:
        subj:
          Social unrest
          Other fuel dealers
          Fuel Dealers
          All other merchant wholesalers
          Support Activities for Coal Mining
          Contract drilling (except oil and gas)
          Natural Gas Distribution
          Pipeline Transportation of Natural Gas
          Mine closures
          Coal mining
          Coal
          Natural gas prices
          Electric power consumption
      keyword:
        coal mining
        firm exit
        fuel procurement
        coal mining
        firm exit
        fuel procurement
      ab: Economic transitions have the potential to displace workers and cause social unrest. Coal mine closures and the resulting employment losses in rural areas have become salient issues. Using data on coal mine and power plant operation, we model closure as a function of expected profits, which allows us to compare the effects on mine closure of specific demand and supply shocks to expected mine profits. Increasing costs of production have had a large impact on closures, but lower natural gas prices and lower electricity demand have played more recently important roles.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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