Jason P. Brown, Timothy Fitzgerald and Jeremy G. Weber RESEARCH WORKING PAPERIn 2013, total oil and gas royalty-related income exceeded $64 billion. Each dollar in royalties generated an additional $0.52 of local income.
November 30, 2016Economic Review Cortney Cowley examines the widening dispersion of farmland values in the Tenth Federal Reserve District and finds that land quality, climate, and commodity sales have played important roles.
Nathan Kauffman and John McCoy
June 29, 2016Nebraska Economist Economic growth in Nebraska has become increasingly unbalanced. At first glance, the state’s economy appears solid, with a low unemployment rate, steady increases in wages and strengthening real estate markets. A closer look, however, reveals some industries are growing while others are less robust.
Jason P. Brown and Andres Kodaka THE MACRO BULLETINJason P. Brown and Andres Kodaka compare recent job losses in the mining sector with those that occurred during the Great Recession and find displaced workers had an easier time finding new jobs in 2015 than they did during the recession.
Capturing Rents from Natural Resource Abundance: Private Royalties from U.S. Onshore Oil & Gas ProductionBy Jason P. Brown, Timothy Fitzgerald, and Jeremy G. Weber
RESEARCH WORKING PAPERIn 2014 the six major shale plays produced more than $213 billion in oil and gas generating $39 billion in royalties, while local ownership of royalties averaged 12 to 55 percent across the major plays.
Ag and Rural Economies
Our work provides insights on agricultural and rural economies, both within our seven-state region of the Tenth Federal Reserve District and nationally.