Facing an uncertain economic future: Environmental management spending and rural regions surrounding the U.S. DOE's nuclear weapons facilities

Abstract

Using an economic simulation model, the study finds that the proposed expenditure by the U.S. Department of Energy of billions of dollars to manage the nuclear weapons environmental legacy followed by sharp reductions in expenditures would cause economic spikes and then depressions in three rural regions (Hanford in Washington, INEEL in Idaho, and SRS in South Carolina). The economies of larger and growing metropolitan regions with DOE sites will not be noticeably impacted. Simulations suggest pronounced impacts on income, jobs, and gross regional product in the three dependent rural regions. Policy options are reviewed to address the economic stresses of these rural dependent regions.United States, Nuclear Weapon Sites, Economic Impact, Environmental Management,

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Research Papers in Economics

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Last time updated on 7/6/2012

This paper was published in Research Papers in Economics.

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