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LEADER | 02938cam a2200397Ii 4500 | |
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005 | 20150915124339.0 | |
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008 | 150714s2015 mauab ob 000 0 eng d | |
035 | $a(OCoLC)ocn913784511 | |
035 | $a(EXLNZ-01UWI_NETWORK)9911183171202121 | |
040 | $aOUN$beng$erda$cOUN$dGZM | |
043 | $an-us--- | |
049 | $aGZMA | |
090 | $aH11$b.N2434x no.21359 | |
100 | 1_ | $aCascio, Elizabeth U.,$eauthor. |
245 | 10 | $aWho needs a fracking education? :$bThe educational response to low-skill biased technological change /$cElizabeth U. Cascio, Ayushi Narayan. |
264 | _1 | $aCambridge, Mass. :$bNational Bureau of Economic Research,$c2015. |
300 | $a1 online resource (55 pages) :$billustrations, map. | |
336 | $atext$btxt$2rdacontent | |
337 | $acomputer$bc$2rdamedia | |
338 | $aonline resource$bcr$2rdacarrier | |
490 | 1_ | $aNBER working paper series ;$vno. 21359 |
588 | $aDescription based on online resource; title from http://www.nber.org/papers/21359 viewed July 14, 2015. | |
500 | $a"July 2015" | |
504 | $aIncludes bibliographical references (pages 34-36). | |
520 | $aOver the past decade, a technological breakthrough -- hydraulic fracturing or "fracking" -- has fueled a boom in oil and natural gas extraction by reaching shale reserves inaccessible through conventional technologies. We explore the educational response to fracking, taking advantage of the timing of its widespread introduction and the spatial variation in shale oil and gas reserves. We show that local labor demand shocks from fracking have been biased toward low-skilled labor and males, reducing the return to high school completion among men. We also show that fracking has increased high school dropout rates of male teens, both overall and relative to females. Our estimates imply that, absent fracking, the male-female gap in high school dropout rates among 17- to 18-year-olds would have narrowed by about 11% between 2000 and 2013 instead of remaining unchanged. Our estimates also imply an elasticity of high school completion with respect to the return to high school of 0.47, a figure below historical estimates. Explanations for our findings aside from fracking's low-skill bias -- changes in school inputs, population demographics, and resource prices -- receive less empirical support. | |
650 | _0 | $aHydraulic fracturing$xSocial aspects$zUnited States$xEconometric models. |
650 | _0 | $aHigh school dropouts$zUnited States$xEconometric models. |
650 | _0 | $aUnskilled labor$xEffect of technological innovations on$zUnited States$xEconometric models. |
650 | _0 | $aEducational attainment$zUnited States$xEconometric models. |
700 | 1_ | $aNarayan, Ayushi,$eauthor. |
710 | 2_ | $aNational Bureau of Economic Research,$epublisher. |
830 | _0 | $aWorking paper series (National Bureau of Economic Research) ;$vno. 21359. |
856 | 40 | $uhttp://www.nber.org/papers/w21359 |
950 | $a20150915$bmem$cc$de$egls$9local | |
997 | $aMARCIVE |