Interfirm Learning Economies in Drilling and Environmental Safety
Michael Redlinger,
Ian Lange and
Peter Maniloff
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Michael Redlinger: Department of Natural Resources, State of Alaska
No 2016-10, Working Papers from Colorado School of Mines, Division of Economics and Business
Abstract:
This paper examines interfirm learning economies in improving productivity and environmental safety in Bakken oil drilling. We distinguish between firms accruing match-specific relationship capital, idiosyncratic match quality, and learning about match quality. We find some evidence that firms do accrue relationship-specific capital which improves firm productivity. However, we do not find evidence that firm or interfirm learning leads to increased environmental safety. We do find evidence that idiosyncratic match quality leads to both higher productivity and improved environmental safety.
Keywords: Learning; Shale Oil; Drilling; Environmental Accidents (search for similar items in EconPapers)
JEL-codes: L51 L71 Q35 Q53 (search for similar items in EconPapers)
Pages: 46 pages
Date: 2016-10
New Economics Papers: this item is included in nep-agr, nep-bec, nep-ene and nep-env
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Citations: View citations in EconPapers (2)
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http://econbus-papers.mines.edu/working-papers/wp201610.pdf First version, 2016 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:mns:wpaper:wp201610
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