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The purpose of this paper is to develop a water allocation and technology adoption model under the prior appropriation … doctrine that recognizes informational asymmetry among water users and between water users and water authorities. We consider … full information. Further investigation shows that even with asymmetric information, incentives for water trades can exist …
Persistent link: https://www.econbiz.de/10005805903
This paper examines the extensive and intensive margin changes in land use in the U.S. likely to be induced by biofuel policies and the implications of these policies for GHG emissions over the 2007-2022 period. The policies considered here include the Renewable Fuel Standard (RFS) by itself as...
Persistent link: https://www.econbiz.de/10009002494
Biofuels have been promoted to achieve energy security and as a solution to mitigating climate change. This research presents a framework to examine the extent to which biofuel mandates and subsidies reduce gasoline consumption and their implications for the food and fuel prices. A dynamic,...
Persistent link: https://www.econbiz.de/10009020354
Replaced with revised version of paper 08/04/10.
Persistent link: https://www.econbiz.de/10009020370
We conduct an econometric analysis of the factors influencing U.S. crop yields and acres using U.S. county level data from 1977 to 2007 and evaluate the likely effects of future climate change on U.S. crop yields based on the projected climate changes by IPCC (2001) and our estimated parameters.
Persistent link: https://www.econbiz.de/10009020410
The ethanol tariff is one of the instruments used by the government to encourage domestic ethanol production. Existing literature analyzing the market and welfare effects of the US ethanol tariff has concluded that removing the tariff would increase social surplus and reduce greenhouse gas (GHG)...
Persistent link: https://www.econbiz.de/10009021515
Persistent link: https://www.econbiz.de/10008678066
Persistent link: https://www.econbiz.de/10011068906
Persistent link: https://www.econbiz.de/10011068911
We developed an integrated model of U.S agricultural and transportation sectors to examine the impacts of corn ethanol production on the reduction in CRP enrollment and grassland conversion during the period 2007-2012. We also examine the extent to which ethanol production raised the budgetary...
Persistent link: https://www.econbiz.de/10011069090