Market Structure and the Local Effects of Ethanol Expansion on Land Allocation

Market Structure and the Local Effects of Ethanol Expansion on Land Allocation

Author: Yanbing Wang

Publisher:

Published: 2020

Total Pages: 0

ISBN-13:

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We investigate how the structures of local corn procurement markets shape the effect of expansion in ethanol production on corn planting decisions in surrounding areas. We first characterize competition intensity as a function of the spatial structure of plant capacities and then econometrically estimate the response in corn acreage to competition intensity at the grid-cell level. We use the estimated parameters to conduct factual and counterfactual experiments quantifying the effect of different sources of capacity expansion on competition intensity and, ultimately, spatial patterns of land cover. We find that an expansion of ethanol capacity of a given magnitude can have disparate effects on total land conversion to corn depending on its source, that is, whether it is due to plant entry, expansion of an incumbent plant, or the location where the expansion occurs. Expansions that increase competition intensity the most also trigger the most land conversion. This is because, as spatial competition for corn intensifies, plants are forced to procure more from the intensive margin, where additional corn can only be obtained from land conversion. We also find that competitive spillovers trigger land conversion in grid cells that are not within the procurement area of a new plant or of a plant that expands capacity. Our results underscore the importance of considering market structure when quantifying local land use changes associated with ethanol capacity expansion.


Biofuels Production and Processing Technology

Biofuels Production and Processing Technology

Author: M.R. Riazi

Publisher: CRC Press

Published: 2017-10-10

Total Pages: 760

ISBN-13: 1351651102

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The importance of biofuels in greening the transport sector in the future is unquestionable, given the limited available fossil energy resources, the environmental issues associated to the utilization of fossil fuels, and the increasing attention to security of supply. This comprehensive reference presents the latest technology in all aspects of biofuels production, processing, properties, raw materials, and related economic and environmental aspects. Presenting the application of methods and technology with minimum math and theory, it compiles a wide range of topics not usually covered in one single book. It discusses development of new catalysts, reactors, controllers, simulators, online analyzers, and waste minimization as well as design and operational aspects of processing units and financial and economic aspects. The book rounds out by describing properties, specifications, and quality of various biofuel products and new advances and trends towards future technology.


Modeling, Dynamics, Optimization and Bioeconomics I

Modeling, Dynamics, Optimization and Bioeconomics I

Author: Alberto Adrego Pinto

Publisher: Springer

Published: 2014-06-20

Total Pages: 749

ISBN-13: 331904849X

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This volume explores the emerging and current, cutting-edge theories and methods of modeling, optimization, dynamics and bio economy. It provides an overview of the main issues, results and open questions in these fields as well as covers applications to biology, economy, energy, industry, physics, psychology and finance. The majority of the contributed papers for this volume come from the participants of the International Conference on Modeling, Optimization and Dynamics (ICMOD 2010), a satellite conference of EURO XXIV Lisbon 2010, which took place at Faculty of Sciences of University of Porto, Portugal and from the Berkeley Bio economy Conference 2012, at the University of California, Berkeley, USA.


The Routledge Handbook of Agricultural Economics

The Routledge Handbook of Agricultural Economics

Author: Gail L. Cramer

Publisher: Routledge

Published: 2018-07-17

Total Pages: 806

ISBN-13: 1317225767

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This Handbook offers an up-to-date collection of research on agricultural economics. Drawing together scholarship from experts at the top of their profession and from around the world, this collection provides new insights into the area of agricultural economics. The Routledge Handbook of Agricultural Economics explores a broad variety of topics including welfare economics, econometrics, agribusiness, and consumer economics. This wide range reflects the way in which agricultural economics encompasses a large sector of any economy, and the chapters present both an introduction to the subjects as well as the methodology, statistical background, and operations research techniques needed to solve practical economic problems. In addition, food economics is given a special focus in the Handbook due to the recent emphasis on health and feeding the world population a quality diet. Furthermore, through examining these diverse topics, the authors seek to provide some indication of the direction of research in these areas and where future research endeavors may be productive. Acting as a comprehensive, up-to-date, and definitive work of reference, this Handbook will be of use to researchers, faculty, and graduate students looking to deepen their understanding of agricultural economics, agribusiness, and applied economics, and the interrelationship of those areas.


Collaborative Innovation Mechanism of GBA in China

Collaborative Innovation Mechanism of GBA in China

Author: Shusong Ba

Publisher: Springer Nature

Published: 2022-07-12

Total Pages: 363

ISBN-13: 9811922519

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This book aims to explore the development model of Great Bay Area (GBA) of China as economic engine under the context of open policy. Based on comprehensive research, both theoretically and practically, on the leading free ports in the world and the regional development of well-known bay areas, it analyzes the challenges and opportunities of GBA synergetic free ports. A series of initiatives on the development of GBA synergetic free ports are proposed, including the synergy of space, industry, finance, technological innovation, institution, social governance, and personnel. Also, it ends with a system dynamic model to simulate the regional impact on GBA synergetic free ports, which indicates that economic development, trade, government finance, and population agglomeration would be improved significantly, in the GBA synergetic free ports scenario.