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Three essays in energy and environmental economics

Posted on:2017-05-16Degree:Ph.DType:Thesis
University:Colorado School of MinesCandidate:Redlinger, MichaelFull Text:PDF
GTID:2479390017950582Subject:Economics
Abstract/Summary:
This thesis exploits the boom in U.S. oil and gas production to explore several empirical questions in environmental and energy economics. In the first essay, statistical techniques are employed to evaluate learning-by-doing in the Bakken Shale Play. Furthermore, the essay demonstrates organizational forgetting and knowledge spillovers among firms. The results show rates of learning in an important sector the U.S. economy and may have broader lessons for productivity gains and losses. The second essay investigates interfirm learning economies in oil well drilling in terms of productivity improvements and increases in environmental safety. The empirical results improve our understanding of how interfirm relationships influence productivity as well as the drivers of environmental incidents. Lastly, the third essay analyzes the impacts of stricter environmental regulations on oil production and well drilling in North Dakota. The results have particular relevance for policymakers seeking to understand the trade-offs between resource development and environmental quality. These three essays ultimately expand our knowledge of how learning economies occur and the effects of environmental regulations on economic activity.
Keywords/Search Tags:Environmental, Essay
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