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Estimating Path Dependence in Energy Transitions

Kyle C. Meng

NBER Working Paper No. 22536
Issued in August 2016, Revised in January 2020

---- Acknowledgments ----

I thank Lint Barrage, Dan Benjamin, Javier Birchenall, Hoyt Bleakley, Chris Costello, Clément de Chaisemartin, Melissa Dell, Jonathan Dingel, Walker Hanlon, Kelsey Jack, Akshaya Jha, Per Krusell, David Lagakos, Derek Lemoine, Gary Libecap, Suresh Naidu, Trevor O'Grady, Ryan Oprea, Maxim Pinkovskiy, Bernard Salanié, Steve Salant, Anna Thompsett, Inge van den Bijgaart, Tom Vogl, Sevgi Yuksel and many seminar participants for helpful comments. I am grateful to Sarah Anderson, Kira Fabrizio, Jessika Trancik, and Catherine Wolfram for sharing data. Jason Benedict, Kayleigh Campbell Bierman, Danae Hernandez Cortes, and Simon Jean provided excellent research assistance. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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