Three essays in energy and environmental economics
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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 ...