This paper develops an integrated model of the fuel and agricultural sectors to analyze the welfare and greenhouse gas emission (GHG) effects of the existing Renewable Fuel Standard (RFS), a Low Carbon Fuel Standard (LCFS) and a carbon price policy. The conceptual framework shows that these...

Most conservation reserve design models presented in the literature are static and ignore the dynamic economic aspects of site selection. Typically conservation programs operate under time-related (e.g. annual) budgets and purchase land over time in a sequential manner. The uncertainty of land...

This paper examines the economic and GHG implications of stacking a low carbon fuel standard (LCFS) with and without a carbon price policy on the Renewable Fuel Standard (RFS). We compare the performance of various policy combinations for food and fuel prices, fuel mix and fuel consumption. We...

Shadow prices indicate implicit values of limited resources at the margin and provide important information in decision making for resource management. In continuous economic models, shadow prices associated with demand-supply balance constraints represent consumers' willingness to pay and...

While there is no dearth of regression analyses or linear programming models reviewing the agricultural performance of Pakistan, hardly any study has used a price endogenous mathematical programming model to simulate the ex ante effects of new policies on consumers and producers simultaneously....

The agriculture sector of East Java, which is a major food production center in Indonesia, played a major role in the economic development of Indonesia in the past twenty five years. Several forms of agricultural policies have been designed and implemented to continue this contributing role....

The objective of this dissertation is to investigate the patronage refunds decision in the Farm Credit System (FCS) lending associations, and simulate the capital structure change of a representative association dynamically. Patronage refunds distribution is a unique feature of financial...

This study demonstrates that Pigouvian taxes derived from the socially optimum shadow prices of shared resources may result in serious deviations between users' response and the socially optimal resource use when the users' profit motive is not shared by the social planner and the resultant...