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We examined four evolution paths of the biofuel sector using a partial equilibrium worldagricultural sector model in CARD that includes the new RFS in the 2007 EISA, a two-wayrelationship between fossil energy and biofuel markets, and a new trend toward corn oilextraction in ethanol plants. At...
Persistent link: https://www.econbiz.de/10009446400
We examined four evolution paths of the biofuel sector using a partial equilibrium world agricultural sector model in CARD that includes the new RFS in the 2007 EISA, a two-way relationship between fossil energy and biofuel markets, and a new trend toward corn oil extraction in ethanol plants....
Persistent link: https://www.econbiz.de/10005103129
Estimated Indonesian backyard and commercial broiler output supply and input demands from normalized quadratic function satisfy all theoretical properties (homogeneity, reciprocity, adding-up, symmetry, curvature). Elasticities have correct signs and are significant. Very inelastic supply...
Persistent link: https://www.econbiz.de/10005338285
A two-stage model estimates aggregate and source-specific import demand elasticities for pork in Japan. The low income elasticity of imported pork and low income elasticity of U.S. pork reflect consumer survey results of low quality rating for imported pork compared to domestic pork, and rating...
Persistent link: https://www.econbiz.de/10005320411
The popularity of AIDS may not easily extend to censored demand systems. We propose an incomplete demand system that has relatively few restrictions on the parameter space, but preserves its theoretical consistency and apply this model to Indonesian data that have significant proportion of...
Persistent link: https://www.econbiz.de/10005330756