This study analyzes the historical price response of individual crop acreage in order to determine the impacts of an expansionist policy in bioethanol production on the U.S. agricultural industry. In doing this, this study provides an economic foundation by using a traditional Rotterdam model to...

The recent rise in world oil prices, coupled with heightened interest in the abatement of greenhouse gas emissions, has led to a sharp increase in domestic biofuels production around the world. Previous authors have devoted considerable attention to the impacts of these policies on a...

Food and energy security have increasingly acquired key natural resource policy focus. As alternative energy solutions become more land intensive, the potential implication to the agricultural sector becomes of policy interest. This study investigated the impact of projected wind energy...

Production subsidies for renewable energy have experienced intermittent support from the federal government. One reason for less than united support arises from uncertainty over the environmental impact of projects implemented because of such subsidies. Wind energy in particular has taken...

The biofuel industry has been rapidly growing around the world in recent years. Several papers have used general equilibrium models and addressed the economy-wide and environmental consequences of producing biofuels at a large scale. They mainly argue that since biofuels are mostly produced from...

Replaced with revised version of paper 06/18/08. Former title: Non-Linearity in Belief and Environmental Risk Dynamics

The impact irrigation efficiency and the loan deficiency payment have on the quantity of groundwater withdrawn and the agricultural cost of groundwater conservation in the Texas High Plains (THP) is estimated. The irrigation efficiency component utilizes the two most common irrigation...

Spatial differences in site characteristics and user populations may result in heterogeneity of recreation preferences and values across geographic regions. Non-linear mixed effects models provide a potential means of accounting for this heterogeneity. This approach was tested by estimating a...