32 research outputs found

    Contributions of U.S. Crop Subsidies to Biofuel and Related Markets

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    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 welfare. The impacts of feedstock policies on the biofuel market are marginal. In contrast, the biofuel mandate has a larger impact and counteracts the effects of the crop subsidy reduction. The mandate increases the demand for feedstock and causes not only grain ethanol, but also cellulosic ethanol production to rise. The mandate exacerbates the distortion, and government spending increases significantly, leading to greater welfare loss.biofuel, environmental impacts, farm supports, welfare analysis, Agribusiness, Agricultural and Food Policy, Agricultural Finance, Community/Rural/Urban Development, Crop Production/Industries, Environmental Economics and Policy, Farm Management, Financial Economics, Land Economics/Use, Research and Development/Tech Change/Emerging Technologies, Resource /Energy Economics and Policy, Q18, Q27,

    Promoting Lies through Regulation: Deterrence Impacts of Flexible versus Inflexible Policy

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    This paper investigates the signaling role of tax policy in promoting or hindering the ability of a monopolist to practice entry deterrence. We study contexts in which tax policy is Flexible and inflexible. We show that not only an informative equilibrium can be supported where information is conveyed to the entrant, but also an uninformative equilibrium where information is concealed. In addition, inflexible policies promote information transmission. Therefore, our results identify a potential benefit of inflexible policies, namely, hampering the practice of entry deterrence.Entry deterrence; Signaling; Emission fees; Perfect commitment

    Ensuring the continued functionality of essential critical infrastructure industries by estimating the workforce impacts of COVID-19

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    This economic impact assessment was compiled on April 9, 2020 for the Colorado Food Supply Task Force by Jude Bayham and Alexandra E. Hill. Last updated April 9, 2020.Food Systems, Colorado State University

    The Allocation of Time and Risk of Lyme: A Case of Ecosystem Service Income and Substitution Effects

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    Forests are often touted for their ecosystem services, including outdoor recreation. Historically forests were a source of danger and were avoided. Forests continue to be reservoirs for infectious diseases and their vectors�a disservice. We examine how this disservice undermines the potential recreational services by measuring the human response to environmental risk using exogenous variation in the risk of contracting Lyme Disease. We find evidence that individuals substitute away from spending time outdoors when there is greater risk of Lyme Disease infection. On average individuals spent 1.54 fewer minutes per day outdoors at the average, 72 U.S. Centers for Disease Control and Prevention, confirmed cases of Lyme Disease. We estimate lost outdoor recreation of 9.41 h per year per person in an average county in the Northeastern United States and an aggregate welfare loss on the order 2.8billionto2.8 billion to 5.0 billion per year

    Workforce changes and the food supply chain - understanding and mitigating the effects of COVID-19 on the agricultural workforce

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    Food Systems, Colorado State University

    Geospatial framework to assess fireline effectiveness for large wildfires in the western USA, A

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    Includes bibliographical references (pages 16-19).Quantifying fireline effectiveness (FLE) is essential to evaluate the efficiency of large wildfire management strategies to foster institutional learning and improvement in fire management organizations. FLE performance metrics for incident-level evaluation have been developed and applied to a small set of wildfires, but there is a need to understand how widely they vary across incidents to progress towards targets or standards for performance evaluation. Recent efforts to archive spatially explicit fireline records from large wildfires facilitate the application of these metrics to a broad sample of wildfires in different environments. We evaluated fireline outcomes (burned over, held, not engaged) and analyzed incident-scale FLE for 33 large wildfires in the western USA from the 2017 and 2018 fire seasons. FLE performance metrics varied widely across wildfires and often aligned with factors that influence suppression strategy. We propose a performance evaluation framework based on both the held to engaged fireline ratio and the total fireline to perimeter ratio. These two metrics capture whether fireline was placed in locations with high probability of engaging with the wildfire and holding and the relative level of investment in containment compared to wildfire growth. We also identify future research directions to improve understanding of decision quality in a risk-based framework

    Resource Allocation Under Fire

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    Rising suppression cost and severity of wildfires in the US has prompted debate over federal wildfire management policy. The empirical economic literature on wildfire has sought to identify the factors that contribute to wildfire growth and cost without directly modeling the role of resource allocation over the course of the fire. Without a model of suppression resource allocation, it is difficult to understand how policy will impact wildfire outcomes. We fill this gap in the literature by estimating an econometric model of suppression resource allocation, wildfire expenditures, growth, and home damage using a dynamic panel dataset on over 500 wildfires in the Western U.S. Our econometric model is grounded in a theory of resource allocation that shows how individual fire managers communicate their need for resources to a regional command unit through the resource's shadow price. This model allows us to parse the complex incentives of wildfire managers, and disentangle direct from indirect impacts of threatened assets, environmental conditions, and resource scarcity on wildfire expenditure, growth, and damage. Among other results, we find that the use of aircraft increases daily wildfire expenditures by 35% while highly trained ground crews mitigate the daily damage to threatened homes

    Contributions of U.S. Crop Subsidies to Biofuel and Related Markets

    No full text
    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 welfare. The impacts of feedstock policies on the biofuel market are marginal. In contrast, the biofuel mandate has a larger impact and counteracts the effects of the crop subsidy reduction. The mandate increases the demand for feedstock and causes not only grain ethanol, but also cellulosic ethanol production to rise. The mandate exacerbates the distortion, and government spending increases significantly, leading to greater welfare loss
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