Journal articles: 'Resource booms'

1

Baland, Jean-Marie, and Patrick Francois. "Rent-seeking and resource booms." Journal of Development Economics 61, no. 2 (April 2000): 527–42. http://dx.doi.org/10.1016/s0304-3878(00)00067-5.

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Perez-Sebastian, Fidel, and Ohad Raveh. "Natural resources, decentralization, and risk sharing: Can resource booms unify nations?" Journal of Development Economics 121 (July 2016): 38–55. http://dx.doi.org/10.1016/j.jdeveco.2016.02.003.

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Goderis, Benedikt, and Samuel W. Malone. "Natural Resource Booms and Inequality: Theory and Evidence*." Scandinavian Journal of Economics 113, no. 2 (May 23, 2011): 388–417. http://dx.doi.org/10.1111/j.1467-9442.2011.01659.x.

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4

Sachs, Jeffrey D., and Andrew M. Warner. "The big push, natural resource booms and growth." Journal of Development Economics 59, no. 1 (June 1999): 43–76. http://dx.doi.org/10.1016/s0304-3878(99)00005-x.

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Kwak, Sunjoo, and Jongmin Shon. "Tax Salience and Cyclical Asymmetry in Tax Rate Adjustments: Testing the Indirect Tax Hypothesis." Revista Hacienda Pública Española 240, no. 1 (March 2022): 3–29. http://dx.doi.org/10.7866/hpe-rpe.22.1.1.

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In this paper, we explore the hypothesis that politicians prefer using direct taxes with relatively high salience for tax cuts during booms, while they prefer using indirect taxes with relatively low salience for tax increases during recessions. Using a panel data set of U.S. states from 1992 to 2014, we analyzed how cyclical fluctuations in resource availability affect the statutory rates of five major state taxes: general sales tax, personal income tax, corporate income tax, and two excise taxes (gasoline and cigarette taxes). Our results suggest that cyclical improvements in resource availability during booms lead to reductions in personal income tax rates, whereas cyclical deteriorations in resource availability during recessions result in increases in general sales tax rates.

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Kwak, Sunjoo, and Jongmin Shon. "Tax Salience and Cyclical Asymmetry in Tax Rate Adjustments: Testing the Indirect Tax Hypothesis." Revista Hacienda Pública Española 240, no. 1 (March 2022): 3–29. http://dx.doi.org/10.7866/hpe-rpe.22.1.1.

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In this paper, we explore the hypothesis that politicians prefer using direct taxes with relatively high salience for tax cuts during booms, while they prefer using indirect taxes with relatively low salience for tax increases during recessions. Using a panel data set of U.S. states from 1992 to 2014, we analyzed how cyclical fluctuations in resource availability affect the statutory rates of five major state taxes: general sales tax, personal income tax, corporate income tax, and two excise taxes (gasoline and cigarette taxes). Our results suggest that cyclical improvements in resource availability during booms lead to reductions in personal income tax rates, whereas cyclical deteriorations in resource availability during recessions result in increases in general sales tax rates.

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7

Mosquera, Roberto. "The long-term effect of resource booms on human capital." Labour Economics 74 (January 2022): 102090. http://dx.doi.org/10.1016/j.labeco.2021.102090.

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8

Joslin, Knut-Eric, and Frode Martin Nordvik. "Does religion curtail women during booms? Evidence from resource discoveries." Journal of Economic Behavior & Organization 187 (July 2021): 205–24. http://dx.doi.org/10.1016/j.jebo.2021.04.026.

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9

Ogun, Oluremi. "Resource Export Booms, Macroeconomic Policies and Structural Change in Nigeria." African Development Review 8, no. 2 (December 1996): 37–58. http://dx.doi.org/10.1111/j.1467-8268.1996.tb00088.x.

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10

Pfingsten, Andreas, and Reiner Wolff. "Resource booms in competitive equilibria with decreasing returns to scale." Journal of Economics 61, no. 2 (June 1995): 185–200. http://dx.doi.org/10.1007/bf01238780.

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11

Adetutu, Morakinyo O., Kayode A. Odusanya, John E. Ebireri, and Victor Murinde. "Oil booms, bank productivity and natural resource curse in finance." Economics Letters 186 (January 2020): 108517. http://dx.doi.org/10.1016/j.econlet.2019.07.002.

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12

Lkhagva, Davaajargal, Zheng Wang, and Changxin Liu. "Mining Booms and Sustainable Economic Growth in Mongolia—Empirical Result from Recursive Dynamic CGE Model." Economies 7, no. 2 (May 29, 2019): 51. http://dx.doi.org/10.3390/economies7020051.

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This research aims to lay out a framework to quantify the impacts of mining booms on the macro-economy in Mongolia, a country that is increasingly dependent upon its mining sector. The study uses a dynamic computable general equilibrium (CGE) model to examine the long-term effects on the economy with three sets of scenarios: (1) a moderate boom in the productivity of agriculture, manufacturing, coal mining and coal service sectors; (2) a drop in the world price of coal and metal ores; and (3) the combination of these two scenarios. We assume that these shocks are seismic, and the findings are important for policymakers to implement policy to deal with the negative impact of mining booms. Our study result shows that reinvestment in the agriculture and manufacturing sectors could help to mitigate the resource curse, and suggests that suitable macroeconomic management and prudent administration of the mining sector’s windfall income are important.

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Emery, J. C. Herbert, Ana Ferrer, and David Green. "Long-Term Consequences of Natural Resource Booms for Human Capital Accumulation." ILR Review 65, no. 3 (July 2012): 708–34. http://dx.doi.org/10.1177/001979391206500310.

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14

Botta, Alberto. "ECONOMIC DEVELOPMENT, STRUCTURAL CHANGE AND NATURAL RESOURCE BOOMS: A STRUCTURALIST PERSPECTIVE." Metroeconomica 61, no. 3 (August 13, 2009): 510–39. http://dx.doi.org/10.1111/j.1467-999x.2009.04077.x.

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15

Lay, Jann, Rainer Thiele, and Manfred Wiebelt. "RESOURCE BOOMS, INEQUALITY, AND POVERTY: THE CASE OF GAS IN BOLIVIA." Review of Income and Wealth 54, no. 3 (September 2008): 407–37. http://dx.doi.org/10.1111/j.1475-4991.2008.00281.x.

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16

Gallego, Jorge, Stanislao Maldonado, and Lorena Trujillo. "From curse to blessing? institutional reform and resource booms in Colombia." Journal of Economic Behavior & Organization 178 (October 2020): 174–93. http://dx.doi.org/10.1016/j.jebo.2020.07.006.

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Nyambuu, Unurjargal, and Willi Semmler. "Emerging markets’ resource booms and busts, borrowing risk and regime change." Structural Change and Economic Dynamics 41 (June 2017): 29–42. http://dx.doi.org/10.1016/j.strueco.2017.02.001.

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Komarek, Timothy M. "Crime and natural resource booms: evidence from unconventional natural gas production." Annals of Regional Science 61, no. 1 (January 25, 2018): 113–37. http://dx.doi.org/10.1007/s00168-018-0861-x.

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19

Nülle, Grant Mark, and Graham A. Davis. "Neither Dutch nor disease?—natural resource booms in theory and empirics." Mineral Economics 31, no. 1-2 (May 2018): 35–59. http://dx.doi.org/10.1007/s13563-018-0153-z.

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Abatayo, Anna Lou, and John Lynham. "Resource booms and group punishment in a coupled social-ecological system." Ecological Economics 206 (April 2023): 107730. http://dx.doi.org/10.1016/j.ecolecon.2022.107730.

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21

Legerski, Elizabeth M., and Laura C. Hand. "“We’re keeping everything together with Band-Aids”: a case study of care work and family violence during a US oil boom." International Journal of Care and Caring 4, no. 3 (August 1, 2020): 395–411. http://dx.doi.org/10.1332/239788220x15924188715666.

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The Bakken region of the US recently experienced an oil boom, resulting in population growth and social change, including increased family violence. Drawing on care work literature, we ask: how might rural resource development impact the care work associated with services for domestic violence survivors? Utilising thematic analysis techniques, we examine data from in-depth interviews conducted with 50 care workers. We find that oil booms: (1) create more demand for care work; (2) lead to a scarcity of care workers; and (3) impact care delivery and burnout among care workers. Findings illustrate the importance of considering care as human infrastructure.

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22

Woodworth, Max D. "Booms, Busts and Urban Variation Among ‘Resource-based Cities’ in China’s Northwest." Inner Asia 18, no. 1 (May 5, 2016): 97–120. http://dx.doi.org/10.1163/22105018-12340055.

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China’s northwest is commonly portrayed in monolithic terms as poorer and less urbanised than the rest of the country. While this characterisation is partially true, it overlooks considerable variation at the local level and the dramatic socio-spatial changes in recent years that have transformed the region. Resource-based cities are under-examined, yet they constitute an important aspect of regional development. This article details recent dynamics of growth and decline in northwestern resource-based cities. It finds that booms and busts in extraction-oriented cities currently define urban growth in the region and urges greater attention be paid to these cities’ transformations.

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23

Mehrara, Mohsen, and Abbas Rezazadeh Karsalari . "Oil Revenues, Economic Growth and Resource Curse in Iran Economy." Journal of Social and Development Sciences 2, no. 2 (August 15, 2011): 73–80. http://dx.doi.org/10.22610/jsds.v2i2.655.

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This paper explores the relation between oil revenues and economic growth in Iran using annual data for the period 1959-2008 to check whether this relation has a structural breakpoint effect. The results indicate the threshold level of growth rate of oil revenues above which oil revenues significantly slows growth is around 22% percent for Iran economy. In contrast, linear estimation without any allowance for threshold effects would misleadingly have us believe that an increase in the oil revenues increase the growth rate. Failure to account for nonlinearities conceal the resource curse in these countries particularly during extreme oil booms as suggested in previous studies.

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Tenreyro, Silvana, and Gregory Thwaites. "Pushing on a String: US Monetary Policy Is Less Powerful in Recessions." American Economic Journal: Macroeconomics 8, no. 4 (October 1, 2016): 43–74. http://dx.doi.org/10.1257/mac.20150016.

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We investigate how the response of the US economy to monetary policy shocks depends on the state of the business cycle. The effects of monetary policy are less powerful in recessions, especially for durables expenditure and business investment. The asymmetry relates to how fast the economy is growing, rather than to the level of resource utilization. There is some evidence that fiscal policy has counteracted monetary policy in recessions but reinforced it in booms. We also find evidence that contractionary policy shocks are more powerful than expansionary shocks, but contractionary shocks have not been more common in booms. So this asymmetry cannot explain our main finding. (JEL E21, E22, E32, E52)

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25

Warner, Andrew. "Natural Resource Booms in the Modern Era: Is the curse still alive?" IMF Working Papers 15, no. 237 (2015): 1. http://dx.doi.org/10.5089/9781513507224.001.

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26

Gourley, Patrick, and Greg Madonia. "Resource booms and crime: Evidence from oil and gas production in Colorado." Resource and Energy Economics 54 (November 2018): 37–52. http://dx.doi.org/10.1016/j.reseneeco.2018.07.001.

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27

MAGUD, NICOLÁS, and SEBASTIÁN SOSA. "WHEN AND WHY WORRY ABOUT REAL EXCHANGE RATE APPRECIATION? THE MISSING LINK BETWEEN DUTCH DISEASE AND GROWTH." Journal of International Commerce, Economics and Policy 04, no. 02 (April 2013): 1350009. http://dx.doi.org/10.1142/s1793993313500099.

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We review the literature on Dutch disease, and document that shocks that trigger foreign exchange inflows (such as natural resource booms, surges in foreign aid, remittances, or capital inflows) appreciate the real exchange rate, generate factor reallocation, and reduce manufacturing output and net exports. We also observe that real exchange rate misalignment due to overvaluation and higher volatility of the real exchange rate lower growth. Regarding the effect of undervaluation of the exchange rate on economic growth, the evidence is mixed and inconclusive. However, there is no evidence in the literature that Dutch disease reduces overall economic growth. Policy responses should aim at adequately managing the boom and the risks associated with it.

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Jacobsen, Grant D., and Dominic P. Parker. "The Economic Aftermath of Resource Booms: Evidence from Boomtowns in the American West." Economic Journal 126, no. 593 (October 18, 2014): 1092–128. http://dx.doi.org/10.1111/ecoj.12173.

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Eduful, Alexander K., and Michael Hooper. "Urban migration and housing during resource booms: The case of Sekondi-Takoradi, Ghana." Habitat International 93 (November 2019): 102029. http://dx.doi.org/10.1016/j.habitatint.2019.102029.

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30

Bonilla, David, Colin J. Axon, and Justin D. K. Bishop. "Resource Rents, Democracy & the Eight Policy Lessons." Revista Mexicana de Economía y Finanzas 15, no. 4 (October 1, 2020): 599–620. http://dx.doi.org/10.21919/remef.v15i4.556.

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Examinamos si las rentas de recursos naturales son probablemente mejor administradas bajo instituciones fuertes (o falta de estas), y de serlo así si eso contribuye al desarrollo económico de países con abundantes recursos naturales. Estimamos un modelo usando evidencia de booms (1970-2012) de recursos, rentas de recursos, capital natural, indicadores socio-económicos y de instituciones. Demostramos por un lado 1) países con capital natural y riqueza del subsuelo están asociados a una sana democracia lo que mitiga la maldición de los recursos naturales; por el otro lado 2) altos niveles de renta están negativamente asociados a la baja calidad de instituciones lo que profundiza la maldición. El crecimiento económico a largo plazo está asociado a el capital natural pero tal crecimiento esta negativamente asociado en países que registran altos percepciones de rentas. Recomendamos transparencia en: la distribución de rentas, las ventas de petróleo, distribución de licencias y la recaudación de rentas. Una limitación es la falta de información: leyes (sector energético) que produzcan el crecimiento. Explicamos el impacto de largo plazo de el cambio democrático sobre la gestión de la rentas.

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31

Yang, Benhua, and Yewfoong Lam. "Resource booms and economic development: the time series dynamics for 17 oil-rich countries." Applied Economics Letters 15, no. 13 (October 24, 2008): 1011–14. http://dx.doi.org/10.1080/13504850600972402.

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32

Wanvik, Tarje I. "Oil booms and business busts: why resource wealth hurts entrepreneurs in the developing world." International Affairs 93, no. 4 (July 2017): 984–85. http://dx.doi.org/10.1093/ia/iix107.

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33

Allcott, Hunt, and Daniel Keniston. "Dutch Disease or Agglomeration? The Local Economic Effects of Natural Resource Booms in Modern America." Review of Economic Studies 85, no. 2 (July 28, 2017): 695–731. http://dx.doi.org/10.1093/restud/rdx042.

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34

Barbier, Edward B. "Agricultural Expansion, Resource Booms and Growth in Latin America: Implications for Long-run Economic Development." World Development 32, no. 1 (January 2004): 137–57. http://dx.doi.org/10.1016/j.worlddev.2003.07.005.

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Eduful, Alexander, and Michael Hooper. "Urban Impacts of Resource Booms: the Emergence of Oil-Led Gentrification in Sekondi-Takoradi, Ghana." Urban Forum 26, no. 3 (July 8, 2015): 283–302. http://dx.doi.org/10.1007/s12132-015-9257-5.

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Barbier, Edward B. "The economic determinants of land degradation in developing countries." Philosophical Transactions of the Royal Society of London. Series B: Biological Sciences 352, no. 1356 (July 29, 1997): 891–99. http://dx.doi.org/10.1098/rstb.1997.0068.

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The following paper investigates the economic determinants of land degradation in developing countries. The main trends examined are rural household's decisions to degrade as opposed to conserve land resources, and the expansion of frontier agricultural activity that contributes to forest and marginal land conversion. These two phenomena appear often to be linked. In many developing areas, a poor rural household's decision whether to undertake long–term investment in improving existing agricultural land must be weighed against the decision to abandon this land and migrate to environmentally fragile areas. Economic factors play a critical role in determining these relationships. Poverty, imperfect capital markets and insecure land tenure may reinforce the tendency towards short–term time horizons in production decisions, and may bias land use decisions against long–term land management strategies. In periods of commodity booms and land speculation, wealthier households generally take advantage of their superior political and market power to ensure initial access to better quality resources, in order to capture a larger share of the resource rents. Poorer households are confined either to marginal environmental areas where resource rents are limited, or only have access to resources once they are degraded and rents dissipated. Overall trends in land degradation and deforestation are examined, followed by an overview of rural household's resource management decisions with respect to land management, frontier agricultural expansion, and migration from existing agricultural land to frontiers. Finally, the discussion focuses on the scope for policy improvements to reduce economic constraints to effective land management.

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Tokumoto, Yuji, and Michiko Nakagawa. "Climate-induced abortion and predation: reproductive success of the pioneer shrubDillenia suffruticosain Malaysian Borneo." Journal of Tropical Ecology 32, no. 1 (December 23, 2015): 50–62. http://dx.doi.org/10.1017/s0266467415000632.

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Abstract:In South-East Asian tropical plants, the excess production of reproductive organs is believed to be controlled by resource booms. However, the continuously flowering shrubDillenia suffruticosa(Dilleniaceae) is often infested by fruit predators and occasionally produces fruits where mature seeds are absent. These reproductive features may support an alternative hypothesis for excess production of reproductive organs: the reproductive assurance hypothesis. We marked 1190 reproductive organs in 180 inflorescences of 41 plant individuals and examined the relationships among the reproductive organ features and the effects of both climate and predators. During the flower budding stage, the fate of reproductive organs was primary climate-induced. The percentage of flower/fruit abscission increased as the cumulative temperature and photosynthetically active radiation (PAR) decreased and the cumulative precipitation increased, supporting the resource boom hypothesis. Insect predation was the most common fate of immature fruits. As PAR increased, the prevalence of insect predation and production of mature seed increased. At a reduced PAR, the production of fruits with many immature seeds could serve as compensatory reproductive organs for insect predators, consistent with the reproductive assurance hypothesis. The excess production of reproductive organs might be a result of adaptation to climate fluctuations in the South-East Asian tropics.

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38

BOTTA, ALBERTO. "Dutch Disease-cum-financialization Booms and External Balance Cycles in Developing Countries." Brazilian Journal of Political Economy 37, no. 3 (July 2017): 459–77. http://dx.doi.org/10.1590/0101-31572017v37n03a01.

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ABSTRACT We formally investigate the medium-to-long-run dynamics emerging out of a Dutch disease-cum-financialization phenomenon. We take inspiration from the most recent Colombian development pattern. The “pure” Dutch disease first causes deindustrialization by permanently appreciating the economy’s exchange rate in the long run. Financialization, i.e., booming capital inflows taking place in a climate of natural resource-led financial overoptimism, causes medium-run exchange rate volatility and macroeconomic instability. This jeopardizes manufacturing development even further by raising macroeconomic uncertainty. We advise the adoption of capital controls and a developmentalist monetary policy to tackle these two distinct but often intertwined phenomena.

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Carter, Michael R., Bradford L. Barham, and Dina Mesbah. "Agricultural Export Booms and the Rural Poor in Chile, Guatemala, and Paraguay." Latin American Research Review 31, no. 1 (1996): 33–65. http://dx.doi.org/10.1017/s0023879100017738.

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The economic crisis of the 1980s and the shift to outward-looking development strategies ignited interest in promoting agricultural exports throughout Latin America. In the 1990s, export strategies continue to dominate discussion on agricultural development in the region. Especially for smaller developing countries in Latin America, agricultural and natural-resource exports appear likely to lead efforts to stimulate export growth. Extraordinarily rapid agro-export growth has already been achieved in many countries. From the middle to late 1980s, nontraditional agricultural exports grew at rates of 222 percent in Chile, 78 percent in Guatemala, and 348 percent in Costa Rica. In Paraguay, the most agrarian country in Latin America, agricultural exports nearly tripled during the otherwise difficult decade of the 1980s.

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Measham, Thomas G., Andrea Walton, Paul Graham, and David A. Fleming-Muñoz. "Living with resource booms and busts: Employment scenarios and resilience to unconventional gas cyclical effects in Australia." Energy Research & Social Science 56 (October 2019): 101221. http://dx.doi.org/10.1016/j.erss.2019.101221.

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Herderschee, Johannes, and Luisa Zanforlin. "Managing the Impact of Resource Booms on the Real Effective Exchange Rate: The Role of Financial Sector Development." IMF Working Papers 2021, no. 073 (March 2021): 1. http://dx.doi.org/10.5089/9781513572659.001.

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Heemskerk, Marieke. "Do international commodity prices drive natural resource booms? An empirical analysis of small-scale gold mining in Suriname." Ecological Economics 39, no. 2 (November 2001): 295–308. http://dx.doi.org/10.1016/s0921-8009(01)00223-3.

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Usman, Zainab. "The Successes and Failures of Economic Reform in Nigeria’s Post-Military Political Settlement." African Affairs 119, no. 474 (December 13, 2019): 1–38. http://dx.doi.org/10.1093/afraf/adz026.

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ABSTRACT There are limitations in the explanatory power of prevailing theories on the political economy of Africa’s growth without industrialization that emphasize the resource-curse, ethnicity, neopatrimonialism, and the developmental state. This article uses a political settlements approach to explain the institutional underpinnings of Nigeria’s economic transition. It shows how external constraints on ruling elites interact with the distribution of power and institutions to stimulate episodic reforms in an ‘intermediate’ Nigerian state. Rather than a ‘developmental’ state presiding over industrial upgrading or a ‘predatory’ state operating solely on neopatrimonial basis, this intermediate state presides over selective reforms and bursts of economic growth and diversification. Thus, specific constraints in Nigeria’s post-military political settlement from 1999 generated the initial impetus for successful telecoms liberalization, while inhibiting growth in the oil sector. This article contributes to advancing the political settlements framework in applying it to resource-rich countries, by outlining the four dimensions of the distribution of power and the constraints for institutional persistence or change, and their varying economic implications. It also reclaims the concept of ‘elite bargains’ as a defining feature of the horizontal distribution of power and demonstrates its centrality to the durability or fragility of institutions, especially at critical junctures of resource booms and busts.

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Bebbington, Anthony. "Resource Booms and Institutional Pathways: The Case of the Extractive Industry in Peru ed. by Eduardo Dargent et al." Journal of Latin American Geography 18, no. 3 (2019): 233–34. http://dx.doi.org/10.1353/lag.2019.0040.

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Pratoom, Karun. "Differential Relationship of Person- and Task-Focused Leadership to Team Effectiveness: A Meta-Analysis of Moderators." Human Resource Development Review 17, no. 4 (July 25, 2018): 393–439. http://dx.doi.org/10.1177/1534484318790167.

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Building on previous findings of C. S. Burke et al. and Ceri-Booms et al., this meta-analytic review aims to investigate the moderating impact of team size, interdependence, power distance culture, effectiveness criteria, and study settings on the differential relationship of person- and task-focused leadership with team effectiveness. Based on 52 studies with 4,958 teams, results suggested that the differential effects of leadership were moderated by effectiveness criteria and the interaction between team characteristics and culture in societies. In high power distance societies, the relationship between person-focused leadership and team effectiveness was stronger in small teams that were characterized by high interdependence. In low power distance societies, the larger effect size of a person-focused leader was found in small teams, while task-focused leadership emerged as a stronger predictor of team effectiveness than person-focused leadership in large teams. Results can be used to guide leader development programs needed to enhance team effectiveness.

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Shpiner, R., S. Vathi, and D. C. Stuckey. "Treatment of oilfield produced water by waste stabilization ponds." Water Science and Technology 55, no. 11 (June 1, 2007): 265–71. http://dx.doi.org/10.2166/wst.2007.366.

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Produced water (PW) from oil wells can serve as an alternative water resource for agriculture if the main pollutants (hydrocarbons and heavy metals) can be removed to below irrigation standards. Waste stabilization ponds seem like a promising solution for PW treatment, especially in the Middle East where solar radiation is high and land is available. In this work, hydrocarbon removal from PW in a biological waste stabilization pond was examined at lab-scale followed by an intermittent slow sand filter. The system was run for 300 days and removed around 90% of the oil in the pond, and 95% after the sand filter. COD removal was about 80% in the pond effluent, and 85% after the filter. The system was tested under various operational modes and found to be stable to shock loads. Installation of oil booms and decantation of surface oil seem to be important in order to maintain good system performance over time.

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Schaller, J. "Booms, Busts, and Fertility: Testing the Becker Model Using Gender-Specific Labor Demand." Journal of Human Resources 51, no. 1 (January 1, 2016): 1–29. http://dx.doi.org/10.3368/jhr.51.1.1.

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48

Wilson, Eric, and Phalguni Mukhopadhyaya. "The All-You-Can-Eat Economy: How Never-Ending Economic Growth Affects Our Happiness and Our Chances for a Sustainable Future." World 1, no. 3 (November 2, 2020): 216–26. http://dx.doi.org/10.3390/world1030016.

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This paper explores the relationship between energy consumption, economic growth, and life satisfaction and makes the case that economic growth as usual is no longer a desirable or sustainable policy goal. Historically, economic and social development go along with energy sector transformation and total energy use. As a country develops, its use of energy increases, resource consumption increases, population booms, life expectancy rises, and overall socio-economic outcomes are improved. One might deduce then, that life satisfaction is also tightly correlated to economic development and energy consumption, but is this the case? To answer this question, current academic literature and data on the relationship between energy consumption, GDP, and quality of life were explored. The review showed a weak relationship between GDP and quality of life, a saturation relationship between energy use and social returns (social returns increase with increasing energy use to a point), and a strong relationship between GDP and energy use. There have been high hopes that improvements in energy-efficient technology will reduce global aggregate resource consumption, however, there is a growing body of research to suggest the opposite is likely to occur due to ”rebound effects”. The major environmental issues of our time have been seen predominantly as issues to be solved through advancements in technology; however, it is the argument of this paper that they cannot be addressed from a purely technological standpoint. Of course, improving energy efficiency is an important factor, but we must not forget the equally important subject of human behavior and our addiction to continual economic growth. We must first address the human desire to consume resources in the pursuit of happiness and socio-economic status, and shift towards a mentality of sufficiency. Future research must demonstrate concrete examples of sustainable development and consumption, advance the discourse on how the individual can be part of the solution, and empower the implementation of sustainable government policy.

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Boxell, Mark. "From Native Sovereignty to an Oilman’s State: Land, Race, and Petroleum in Indian Territory and Oklahoma." Journal of the Gilded Age and Progressive Era 20, no. 2 (April 2021): 216–33. http://dx.doi.org/10.1017/s1537781420000808.

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AbstractDuring the first two decades of the twentieth century, Indian Territory and the State of Oklahoma experienced one of the world’s largest petroleum booms, with much of the oil extracted from the territory and state produced on land owned by Indigenous, Black, and mixed-race peoples. White settlers, backed by governing institutions and cultures rooted in settler colonialism, anti-Black racism, and anti-monopolism, struggled to seize control of oil-rich land amid the allotment of Native-owned property. These latter elements insisted that non-whites could not grasp the value of petroleum nor be trusted with the control of such a vital resource, especially in the shadow of ever-looming oil monopolies. Settlers and wildcat prospectors built a white-supremacist oil-field politics that elevated the rights of small-scale, proprietary "independent" oilmen and worked to ensure that the latter controlled flows of crude vis-à-vis non-white property holders and “outside” corporations. For white settlers in Indian Territory and Oklahoma, oil rose to the top of collective imaginaries about race, property, and wealth, encouraging the creation of both legal and often violent extralegal strategies for dispossessing unworthy landowners of their hydrocarbon inheritance.

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Fichera, Michael J., Venkat S. Kolluru, Lavinia M. O'Hanlon, Geoffrey T. Gipson, and Ralph K. Markarian. "Oil Spill Water Column Modeling for Aquatic Injury Assessment – Refinements for Assessing Oil Toxicity." International Oil Spill Conference Proceedings 2003, no. 1 (April 1, 2003): 935–41. http://dx.doi.org/10.7901/2169-3358-2003-1-935.

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ABSTRACT To assess potential aquatic injury from oil spills, a fate and transport model called the Chemical / Oil Spill Impact Module (COSIM) was developed based upon refinements made to the NOAA Natural Resource Damage Assessment Model (NRDAM). Enhanced mass balance of the oil enabled better tracking of specific oil components of toxicological concern. The oil was divided into 24 cuts, based upon laboratory analysis of the neat oil. Each cut was allowed to evaporate, volatilize, weather, and sorb to solids at cut-specific rates. LC50 values therefore changed with time as the oil changed in composition. A case example is examined. Hydrodynamic modeling was applied to simulate the release of a mixture of No. 2 and No. 6 fuel oil released upon an estuarine system. The effects of booming, and the failure of the booms under storm conditions were added to the model. Mass balance was used to track the oil from the surface slick to entrained droplets, dissolved phase, sorbed to suspended solid particles, shorelines deposition, evaporated, volatilized, and removed by cleanup operations. Modeled concentrations of polyaromatic hydrocarbons (PAHs) were calibrated to field measurements. Acute toxicity was calculated based upon the dissolved PAHs modeled.

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Journal articles on the topic 'Resource booms'

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