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Journal Article
Kansas and Missouri economies
Pope, Adam; Brown, Jason (2013-04)
The Kansas and Missouri economies grew during the spring of 2013. Employment growth was positive in both states, while their unemployment rates stayed flat. Residential real estate conditions continued to improve, and farmland values grew in the first quarter, but expectations for future incomes weakened.
Midwest Economist , Issue Q II

Working Paper
Economic Benefits and Social Costs of Legalizing Recreational Marijuana
Brown, Jason; Cohen, Elior; Felix, Alison (2023-09-29)
We analyze the effects of legalizing recreational marijuana on state economic and social outcomes (2000–20) using difference-in-differences estimation robust to staggered timing and heterogeneity of treatment. We find moderate economic gains accompanied by some social costs. Post-legalization, average state income grew by 3 percent, house prices by 6 percent, and population by 2 percent. However, substance use disorders, chronic homelessness, and arrests increased by 17, 35, and 13 percent, respectively. Although some of our estimates are noisy, our findings suggest that the economic ...
Research Working Paper , Paper RWP 23-10

Journal Article
U.S. electricity prices in the wake of growing natural gas production.
Brown, Jason; Kodaka, Andres (2014)
Main Street Economist , Issue 2 , Pages 1-8

Working Paper
Creative Destruction and the Reallocation of Capital in Rural and Urban Areas
Brown, Jason; Lambert, Dayton (2024-10-22)
We test the implications of Schumpeter’s theory of creative destruction on food manufacturer births and deaths using a dynamic, unobserved effects count model with correlated random effects. We find evidence of a creative destruction process via the interaction of previous firm birth and death, which is correlated with higher rates of contemporaneous firm birth and death in a given location. Results support Marshall’s notion of “something is in the air,” as evidenced by the strong correlation between sources of unobserved heterogeneity in the birth and death processes. Consistent with ...
Research Working Paper , Paper RWP 24-11

Journal Article
The Reallocation of Energy-sector Workers After Oil Price Booms and Busts
Kodaka, Andres; Brown, Jason (2016-03-03)
Jason 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.
Macro Bulletin

Working Paper
The Effect of the Conservation Reserve Program on Rural Economies: Deriving a Statistical Verdict from a Null Finding
Wojan, Timothy R.; Lambert, Dayton; Brown, Jason (2018-05-01)
This article suggests two methods for deriving a statistical verdict from a null finding,allowing economists to more confidently conclude when ?not significant" can in fact be interpreted as ?no substantive effect." The proposed methodology can be extended to a variety of empirical contexts where size and power matter. The example used to demonstrate the method is the Economic Research Service's 2004 Report to Congress that was charged with statistically identifying any unintended negative employment consequences of the Conservation Reserve Program (the Program). The report failed to ...
Research Working Paper , Paper RWP 18-4

Journal Article
Update on the Kansas and Missouri economies
Kodaka, Andres; Brown, Jason (2014-01)
Midwest Economist , Issue Q I

Journal Article
Drilling Productivity in the United States: What Lies Beneath
Brown, Jason; Rodziewicz, David; Tousey, Colton (2019-05-22)
We construct new measures of drilling productivity and find that productivity increased sixfold from the mid-2000s to early 2017. Gains in below-ground efficiency?the number of barrels produced per foot of drilled wells?have largely driven this increase in overall productivity. The large oil price declines during the Great Recession and from 2014 to 2016 also played a role. However, further large increases in productivity are unlikely absent additional improvements in technology or a subsequent large downturn in oil prices.
Economic Bulletin , Issue May 22, 2019 , Pages 5

Journal Article
Canadian Oil Important for Midwest Gasoline Prices
Brown, Jason; Beckemeyer, Bobby (2025-05-09)
U.S. imports of Canadian oil—a heavy sour crude—have doubled over the past two decades. Most of this oil is sent to Midwest refineries that specialize in processing heavy sour crude. These refineries have limited flexibility to substitute other types of crude without incurring the cost of switching equipment. As a result, higher prices for Canadian crude, including from tariffs, could lead Midwest consumers to pay higher prices on refined petroleum products such as gasoline, holding other factors constant.
Economic Bulletin

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