Biofuel subsidies in the United States have been justified on the following grounds: energy independence, a reduction in greenhouse gas emissions, improvements in rural development related to biofuel plants, and farm income support. The 2007 energy act emphasizes the first two objectives. In...

The outlook for U.S. corn markets is inextricably linked to what happens to the U.S. ethanol industry, which depends, in turn, on the level of government subsidies and mandates. We develop a stochastic partial equilibrium model to simulate outcomes for the corn market for the 2008/09 marketing...

This paper examines the prospects for organic agriculture (OA) and the production of biofuels as strategies for rural development in Cambodia and the Lao People’s Democratic Republic (Lao PDR). Both agricultural activities are growing worldwide, although there are some questions as to how...