Journal article
Will Washington Provide Its Own Crop Feedstocks for Biofuels?
Western Economics Forum, Vol.10(1), pp.21-31
1837
2011
Abstract
The objective of this study is to assess the economic feasibility of producing biofuel crop feedstocks within Washington State assuming infrastructure and biofuel production capacity were developed. We project profitable acreages of Washington‟s crop feedstocks for 2008 in the short run and for the midpoint of a 2009-2011 medium term period using subregion linear programming models. The analysis uses subregion data on production possibilities, costs, crop prices, policies and available technology. The 2008 projections, based on spring forecasted or contract prices, are compared to actual crop acreages for that year. The 2010 projections, based on moving average price projections available in 2008, are compared to 2010 planted acreage reports. Although all projections were made in mid-2008, reporting was delayed for over two years to assess their ex post accuracy. The delayed ex post validation is rare in the empirical literature
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Details
- Title
- Will Washington Provide Its Own Crop Feedstocks for Biofuels?
- Creators
- Suzette P GalinatoDouglas L YoungCraig S FrearJonathan K Yoder
- Publication Details
- Western Economics Forum, Vol.10(1), pp.21-31
- Academic Unit
- School of Economic Sciences
- Edition
- 1837
- Identifiers
- 99901180184401842
- Language
- English
- Resource Type
- Journal article