We analyze the long-term impacts of large-scale expansion of biofuels on land-use change, food supply and prices, and the overall economy in various countries or regions using a multi-country, multi-sector global computable general equilibrium model augmented with an explicit land-use module and...

We develop a long-run cost model for cellulosic biofuel production that accounts for locational differences in biomass production conditions.  The cost model minimizes the per-gallon cost of biofuel when feedstock costs vary within local biomass-producing regions and plant size is determined by...

We assess the impact of a potential TTIP bilateral free trade agreement on the EU and US bio-economies (feedstock, biofuels, by-products, and related competing crops) and major trade partners in these markets. The analysis develops a multi-market model that incorporates bilateral trade flows (US...

 

This article measures the willingness to pay for the traceability of steers. I use data on the price of steers in Quebec and Ontario to identify a demand shifter in a hedonic framework. I estimate error correction models to provide the first market-based econometric estimates of the willingness...

 

 

The goal of this paper is to assess the academic literature written between the Exxon spill and the BP disaster in order to shed light on the fundamental question of validity of the contingent valuation, and more generally, stated preference methods. The fundamental question is straightforward:...

We study harvesting efficiency and the problem of discards under harvest uncertainty in a fishery that is managed with quotas. With only idiosyncratic harvest uncertainty, we show that frictionless post harvest quota trade can achieve full efficiency and eliminate quota-overage discards...