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Electric utilities throughout the Nation are experimenting with strategies to reduce total electricity consumption or to alter the timing of electrical power use by their customers. This report focuses on one such strategy, time-of-use (TaU) electric rates, and the likely effect of this pricing...
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Village leaders in the Chinese reform economy are assumed to maximize a multiple-attribute utility function; their behavior is modeled in a dynamic control framework. Using village data, structural and control equations for industrial output, grain yields, capital, non-farm employment and hybrid...
Persistent link: https://www.econbiz.de/10005513839
Soil specific, chance constrained, dynamic models of agricultural production and nitrate leaching are developed to assess the impacts of nitrogen fertilizer taxes, quantity restrictions on fertilizer or leachate, and leachate permits. A programming model uses the solutions of these bioeconomic...
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A Monte Carlo experiment comparing translog cost and production systems indicates that the cost systems' biased estimates of returns to scale and input substitution elasticity's result from an error in variables problem and a disturbance with non-zero mean. Guidelines for when the cost or...
Persistent link: https://www.econbiz.de/10011082967
This paper examines the economic impacts of energy production from food processing wastes, and the production of high value food derivatives from food processing made possible by such developments. Construction and operation phases of industrial development are analyzed by modifying conventional...
Persistent link: https://www.econbiz.de/10011082968
this paper examines the effects of import quotas and foreign exports subsidies on the size of rents from U.S. cheese imports and their division among importers and exporters. Consumers pay a hefty portion of the wholesale price in rents and tariffs; EC's subsidization of cheese exports to the...
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