Showing 1 - 4 of 4
We consider a situation where an exhaustible-resource seller faces demand from a buyer who has a perfect substitute but there is a time-to-build delay for the substitute. We that find in this simple framework the basic implications of the Hotelling model (1931) are reversed: over time the stock...
Persistent link: https://www.econbiz.de/10010279420
We analyze the relationship between the prices of ethanol, agricultural commodities and livestock in Nebraska, the U ….S. second largest ethanol producer. The paper focuses on long-run relations and Granger causality linkages between ethanol and …-of-sample predictive ability. Even after taking breaks into account, evidence that the price of ethanol drives the price dynamics of the …
Persistent link: https://www.econbiz.de/10010294304
ethanol and agricultural price returns, little is known about their whole distributions. We focus on predictability in … distribution by asking whether ethanol returns can be used to forecast different parts of field crops returns distribution, or vice … to the analyst. Results show that both the centre and the left tail of the ethanol returns distribution can be predicted …
Persistent link: https://www.econbiz.de/10010294308
ethanol production for 2025 reduces U.S. petroleum input use by 1.75%, and would have negligible net effects on CO2 emissions …; and although EU imports of Brazilian ethanol may look better given the high costs of other alternatives, this option is …
Persistent link: https://www.econbiz.de/10010279479