This paper suggests a new approach to econometrically estimate parameters of multi-level Constant Elasticity of Transformation (CET) functional forms which are widely used in developing Computable General Equilibrium (CGE) models. An illustrative CET functional form is estimated using the...

This paper first develops a partial equilibrium (PE) model to examine impacts of converting corn stover to biofuel on markets for corn and soybeans at the national market level. The PE model links gasoline, corn ethanol, dried distiller grains, corn, soybeans, and soybean meal markets in the...

Much research has provided estimates of induced land use change and emissions for first generation biofuels. Relatively little has estimated land use change for the second generation cellulosic biofuels. In this paper we estimate induced land use change and emissions for these biofuels....

In this paper, we offer a general equilibrium analysis of the impacts of US and EU biofuel mandates for the global livestock sector. Our simulation boosts biofuel production in the US and EU from 2006 levels to mandated 2015 levels. We show that mandates will encourage crop production in both...

The economic and land use consequences of US biofuel programs and their contributions to GHG emissions have been the focal point of many debates and research studies in recent years. However, most of these studies focused on the land use emissions due to the first generation of biofuels such as...

Morocco is expected to be faced with a major water shortfall prompted by either expansion in demand for water or reduction in precipitation induced by climate change. This paper examines the economywide impacts of these factors for Morocco. It uses a computable general equilibrium model...