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This article analyses the impact of national, European and global biofuel targets on German food production and land allocation until 2020. The LEITAP General Equilibrium Model simulates the interaction of agricultural and energy markets in response to the envisaged expansion of the biofuel...
Persistent link: https://www.econbiz.de/10011143151
According to Ando and Modigliani (1957), consumers pass different stages of a lifecycle with different impact on demand. The criticism that the life-cycle theory neglects generational effects and concentrates on ageing effects only has led to the application of the cohort analysis which...
Persistent link: https://www.econbiz.de/10009368319
An increasing number of studies deals with consumer decisions regarding organic food, but only a few provide quantitative estimates of price and income elasticities. This paper contributes to the existing literature by providing own-price elasticity estimates as well as an analysis of the...
Persistent link: https://www.econbiz.de/10009368336
An increasing number of studies deals with consumer decisions regarding organic food, but only a few provide quantitative estimates of price and income elasticities. This paper contributes to the existing literature by providing own-price elasticity estimates as well as an analysis of the...
Persistent link: https://www.econbiz.de/10009445847
A probabilistic financial model was developed to assess the economic feasibility of energy-cane-based hydrolysis ethanol production. At an expected price of $1.97/gallon and no tax credit, the chances of a positive NPV were 70%. By slightly increasing feedstock and ethanol yields by 5 units, the...
Persistent link: https://www.econbiz.de/10010915062
Smallholder farmers have long been denied access to formal credit, largely because of the high administrative fees associated with loans. A possible solution to this problem, which has become increasingly popular, is the use of microcredit financing, where innovative means of securing the loans,...
Persistent link: https://www.econbiz.de/10005806000
This report summarizes the financial and production records of 90 dairy farms from throughout Michigan in 2010. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University’s TelFarm...
Persistent link: https://www.econbiz.de/10009404587
The aim of the paper was to present the organization of agricultural consulting in Germany. The genesis of agricultural consulting, its role, and classification of agricultural consulting offer by financing and implementation, as well as organization of agricultural consulting in the federal...
Persistent link: https://www.econbiz.de/10011095975
Increasing grain price volatility over the last year has revived the discussion on optimal marketing strategies …. Various models of optimal grain marketing have been proposed and simulated in the literature. In this study an overview on … Germany and Poland. Results indicate that gains from optimal marketing are rather small and uncertain in the real world …
Persistent link: https://www.econbiz.de/10010913550
Persistent link: https://www.econbiz.de/10010913624