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Biomass is being researched as a possible alternative to fossil sources of energy, in order to avoid externalities from fossil fuel use that affect the environment and the economy. Some biomass-based energy production systems may produce unwanted externalities in their own right, such as...
Persistent link: https://www.econbiz.de/10008777091
pollution costs from fuel consumption, and allows endogenous determination of equilibrium quantities and prices for oil, corn … trade, particularly in the oil market. We also find that, conditional on the current fuel tax, an optimal ethanol mandate is …
Persistent link: https://www.econbiz.de/10009020484
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
The U.S. crop subsidies provide incentives for farmers to expand feedstock production, which benefits the biofuel producers by lowering input costs. This study develops a general equilibrium model to analyze the effects of a reduction in the U.S. crop subsidy on biofuel industries and social...
Persistent link: https://www.econbiz.de/10008853641
The following text analyzes the status and prospects for rapeseed production in Poland and Ukraine. On the last ten years either countries – Poland and Ukraine there was an increase in the production of rapeseed. In Poland most of rapeseed is used for domestic consumption, while in Ukraine...
Persistent link: https://www.econbiz.de/10011096020
We analyze resource extraction in a political economy setting by introducing a political leader who optimizes both his own and the society's welfare function. We find that accounting for the private utility of a political elite, its higher discount rate and a different time horizon generally...
Persistent link: https://www.econbiz.de/10010326163
state system as such. Countries benefitting from oil and gas rents have been more resilient, because of their potential to …, in general, of the Arab states system. In this context, national oil companies can increasingly be conceptualized not …
Persistent link: https://www.econbiz.de/10010328676
This paper studies the causal factors that make the oil-state Venezuela, which is generally characterized by a low … level of violence, an outlier among the oil countries as a whole. It applies a newly elaborated 'context approach' that … a comparative-historical perspective. The findings demonstrate that oil, in interaction with fluctuating non …
Persistent link: https://www.econbiz.de/10010275961
This paper studies the oil-violence link in the Niger Delta, systematically taking into consideration domestic and … and political-institutional and socioeconomic weakness that existed even before the beginning of the 'oil era'. Oil has … oil theft helps to explain the perpetuation of the violent conflicts at a low level of intensity. …
Persistent link: https://www.econbiz.de/10010276020
Recent spikes in oil prices have thrown light on how economic activity in emerging markets may be impacted by oil price … shocks. This paper conducts an empirical analysis of the effect of oil price shocks on emerging markets. It tests for the … existence of an asymmetrical relationship between oil prices and economic activity using a model developed by James Hamilton. It …
Persistent link: https://www.econbiz.de/10009468742