We assess the relationship between oil prices and wages in 15 top oil producing counties in the USA using data between 2001 and 2018. The analysis is conducted at the sectoral level where wages in seven industries are assessed in both the long- and short-run using a panel ARDL model. Asymmetric county level analyses are also conducted using nonlinear ARDL (NARDL) models. Results from the panel indicate that in the long-run, a positive shock to oil prices granger causes wages to increase in all sectors, with the largest (smallest) increase in the manufacturing (service) sector. Short-run coefficients indicate that oil price shocks have the largest effect on resource sector wages. County level results from the NARDL models provide evidence that there is no consistent effect on wages following oil price shocks in the long- and short-run in the overall economy.

我们使用2001年至2018年之间的数据评估了美国15个主要产油县的油价与工资之间的关系。该分析是在部门水平上进行的，长期和短期使用7个行业的工资进行了评估。面板ARDL模型。还使用非线性ARDL（NARDL）模型进行不对称县级分析。小组的结果表明，从长远来看，对石油价格的积极冲击会导致所有部门的工资上涨，而制造业（服务）部门的涨幅最大（最小）。短期系数表明，石油价格冲击对资源部门的工资影响最大。