Understanding productivity effects of hydraulic fracturing in unconventional natural gas deposits and implications for adoption in the developing world
Bibliographic Data
| ID | 21691017 |
|---|---|
| Authors | Timothy Fitzgerald (0000-0002-8586-6895, Texas Tech University), Charles F Mason (0000-0002-9846-0173, University of Wyoming, corresponding author) |
| Year | 2021 |
| Volume | 26 |
| Issue | 3 |
| Pages | 281-301 |
| Publication date | 2021-06-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Development Economics (JOURNAL) |
| Journal identifiers | ISSN: 1355-770X • E-ISSN: 1469-4395 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s1355770x20000534 |
| OpenAlex | W3121022433 |
| Language | EN |
| Citations received | 1 |
| References cited | 25 |
Hydraulic fracturing (HF) has transformed the North American oil and gas industry, leading to increased consumer surplus and reduced carbon emissions. While HF may have similar potential for the developing world, adoption has been limited to date, plausibly because of perceptions of potential local costs and the need to develop technical proficiency. We empirically evaluate the incremental contribution of HF in the United States. We find considerable evidence of differences in application and productivity across operating firms and vertical pairings of firms, suggesting intellectual property and learning by doing may both play important roles. At the same time, secrecy regarding the chemical composition of fluids used in HF is a potential deterrent to its application for fear of local costs. Developing countries must accommodate these characteristics if adoption of HF is to help meet energy demands and achieve climate policy goals
Business · Developing country · Economic growth · Economics · Hydraulic fracturing · Industrial organization · Natural gas · Natural resource economics · Petroleum engineering · Productivity · Secrecy · Atmospheric and Environmental Gas Dynamics · Computer Science · Engineering · Global Energy Security and Policy · Natural Resources and Economic Development · Ecology
| Citations per year | 0.2 |
|---|---|
| Citation span | 2021 - 2021 (1) |
| Highly cited | No |