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among these six variables: rice, wheat, corn, coal, crude oil and ethanol. Our major contribution to the existing literature … innovation accounting analysis of the ECM shocks. 2) We uncover a recent price transmission among major food-energy markets in … energy prices. We also find that ethanol price is neither in the long-run equilibrium nor responding to deviation from long …
Persistent link: https://www.econbiz.de/10010916715
Selected Paper prepared for presentation at the Agricultural & Applied Economics Association's 2012 AAEA Annual Meeting, Seattle, Washington, August 12-14, 2012. This research was supported by a cooperative agreement with U.S. Department of Agriculture, the Economic Research Service. We thank...
Persistent link: https://www.econbiz.de/10010916730
and ethanol policies on farmland values and rental rates. Using weighted ordinary least squares and two stage least … squares, we find that government payments, urban pressure and the proximity of the farm to an ethanol facility have a positive …
Persistent link: https://www.econbiz.de/10010916482
We construct a model to predict how consumers will respond to better information about the carbon content of 42 foods and a nonfood composite as well as product categories through a label, and provide guidance as to what kinds of goods would provide the highest CO¬2eq emission reductions...
Persistent link: https://www.econbiz.de/10011070077
Perennial crop production is inherently dynamic due to several salient physical characteristics including an establishment period of several years with low or no yields, long lives in commercial production (40 years or more), and path-dependence of yields on input use and other exogenous...
Persistent link: https://www.econbiz.de/10010881086
Increasing aridity, more frequent and intense drought, and greater degrees of water scarcity create unique challenges for agriculture. In response to these challenges, which often manifest themselves in the form of lower and more variable surface water supplies as well as depleted and degraded...
Persistent link: https://www.econbiz.de/10010881143
Persistent link: https://www.econbiz.de/10010916412
This research identifies and quantifies the impact of biophysical and economic variables on Kansas grain supply for the period 1977- 2007. This research estimates total supply response by aggregating yield and acreage responses. Previous methods have effectively analyzed the response of crop...
Persistent link: https://www.econbiz.de/10010916667
In this study stylized gasoline blender’s optimal hedging strategy in the presence of ethanol mandates is analyzed. In …
Persistent link: https://www.econbiz.de/10010916469
Mitigating the potential impacts of climate change is one of the leading environmental policy concerns of the 21st Century. However, there continues to be heated debate about the nature, content and, most importantly, about the impact of the policy actions needed to limit greenhouse gas...
Persistent link: https://www.econbiz.de/10011070078