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Registros recuperados: 19
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AN ECONOMIC ANALYSIS OF THE EMISSION REDUCTION MARKET SYSTEM IN CHICAGO AgEcon
Onal, Hayri; Liao, Chao-Ning.
A mixed-integer programming model is used to investigate economic impacts of the permit trading market in Chicago and determine the equilibrium price. Unlike previous studies, the model determines unit pollution abatement cost endogenously depending on firms' technology adoption decisions. A sequential trading process is used to simulate firms' behavior under incomplete information. The results show that average shadow prices, a counterpart of conventional shadow prices in discrete problems, slightly underestimate the equilibrium prices. Moreover, the model predicts an over-supply of permits for the first two trading seasons.
Tipo: Conference Paper or Presentation Palavras-chave: Mixed-integer programming; ERMS; Average shadow price; Pollution permit; Environmental Economics and Policy.
Ano: 2002 URL: http://purl.umn.edu/19717
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SITE ACCESSIBILITY AND PRIORITIZATION OF NATURE RESERVES AgEcon
Onal, Hayri; Yanprechaset, Pornchanok.
Spatial layout of nature reserves is important in conservation planning, but existing studies mostly ignored spatial considerations. This paper presents an integer programming approach to determine a reserve network with maximum accessibility while providing full protection to targeted species. We present an empirical application to endangered/threatened birds in Illinois.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/20285
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Meeting Biofuels Targets: Implications for Land Use, Greenhouse Gas Emissions and Nitrogen Use in Illinois AgEcon
Khanna, Madhu; Onal, Hayri; Chen, Xiaoguang; Huang, Haixiao.
This article develops a dynamic micro-economic land use model to identify the cost-effective allocation of cropland for traditional row crops and perennial grasses and the mix of cellulosic feedstocks needed to meet pre-determined biofuel targets over the 2007-2022 period. Yields of perennial grasses are obtained from a biophysical model and together with county level data on costs of production for Illinois are used to examine the implications of these targets for crop and biofuel costs, greenhouse gas emissions, and nitrogen use. The economic viability of cellulosic feedstocks is found to depend on their yields per acre and the opportunity cost of land. The mix of viable cellulosic feedstocks varies spatially and temporally with corn stover and...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/53491
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A Prospective Analysis of Brazil and the U.S. Biofuel Policies: Impact on Land Use, Greenhouse Gas Emissions, and Social Welfare Using a Spatial Multi-Market Equilibrium Model AgEcon
Nunez, Hector M.; Onal, Hayri; Khanna, Madhu; Chen, Xiaoguang; Huang, Haixiao.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Marketing.
Ano: 2011 URL: http://purl.umn.edu/104019
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COST EFFECTIVE TARGETING OF LAND RETIREMENT TO IMPROVE WATER QUALITY: A MULTI-WATERSHED ANALYSIS AgEcon
Yang, Wanhong; Khanna, Madhu; Farnsworth, Richard L.; Onal, Hayri.
An integrated watershed management framework that combines economic, hydrologic and GIS modeling is developed to study cost effective land retirement in multiple watersheds to achieve off-site sediment reduction goal. This integrated framework examines two alternative standards-a uniform standard under which each watershed is required to achieve the same sediment reduction goal and a non-uniform standard under which marginal cost of sediment abatement is equal across watersheds. Furthermore, for each standard, costs of abatement under two alternative rental instruments based on marginal cost of sediment abatement ($/ton) and uniform payments per acre ($/acre) are examined. Then the cost effectiveness of the four policy options (uniform standard with $/ton...
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 2001 URL: http://purl.umn.edu/20687
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INCORPORATING THE 1990 FARM BILL INTO FARM-LEVEL DECISION MODELS: AN APPLICATION TO COTTON FARMS: COMMENT AgEcon
Onal, Hayri; Monke, James D..
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 1996 URL: http://purl.umn.edu/15252
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The Economic Potential of Second-Generation Biofuels: Implications for Social Welfare, Land Use and Greenhouse Gas Emissions in Illinois AgEcon
Chen, Xiaoguang; Khanna, Madhu; Onal, Hayri.
This paper develops a dynamic micro-economic land use model that maximizes social welfare and internalizes externality from greenhouse gas emissions to obtain the optimal land use allocation for traditional row crops and bioenergy crops (corn stover, miscanthus and switchgrass), the mix of cellulosic feedstocks and fuel and food prices. We use this carbon tax policy as a benchmark to compare the implications of existing biofuel policies on land use, social welfare and the environment for the 2007-2022 period. The model is operationalized using yields of perennial grasses obtained from a biophysical model, county level data on yields of traditional row crops and production costs for row crops and bioenergy crops in Illinois. We show that a carbon tax policy...
Tipo: Working or Discussion Paper Palavras-chave: Cellulosic ethanol; Land use; Social welfare; Greenhouse gas emissions; Land Economics/Use; Resource /Energy Economics and Policy; Q42; Q24.
Ano: 2009 URL: http://purl.umn.edu/49484
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Economic Impacts of Soybean Rust on the US Soybean Sector AgEcon
Gomez, Miguel I.; Nunez, Hector M.; Onal, Hayri.
The spread of Asian Soybean Rust (ASR) represents a real threat to the U.S. soybean sector. We assess the potential impacts of ASR on domestic soybean production and commodity markets as well as the competitive position of the US in the soybean export market. We develop a mathematical stochastic dynamic sector model with endogenous prices to assess the economic impacts of ASR on US agriculture. The model takes into account the disease spread during the cropping season, the inherent uncertainty regarding the risk of infection, and the dichotomous decisions that farmers make (no treatment, preventive treatment, and curative treatment) facing the risk of infection. Our results suggest substantial impacts from potential ASR spread on agricultural output,...
Tipo: Conference Paper or Presentation Palavras-chave: Asian Soybean Rust; Stochastic Models; Dynamic Models; Crop Production/Industries; C61; Q13.
Ano: 2009 URL: http://purl.umn.edu/49595
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Economic Impacts of Soybean Rust on the US Soybean Sector AgEcon
Gomez, Miguel I.; Nunez, Hector M.; Onal, Hayri.
The spread of Asian Soybean Rust (ASR) represents a real threat to the U.S. soybean sector. We assess the potential impacts of ASR on domestic soybean production and commodity markets as well as the competitive position of the US in the soybean export market. We develop a mathematical stochastic dynamic sector model with endogenous prices to assess the economic impacts of ASR on US agriculture. The model takes into account the disease spread during the cropping season, the inherent uncertainty regarding the risk of infection, and the dichotomous decisions that farmers make (no treatment, preventive treatment, and curative treatment) facing the risk of infection. Our results suggest substantial impacts from potential ASR spread on agricultural output,...
Tipo: Working or Discussion Paper Palavras-chave: Asian Soybean Rust; Stochastic Models; Dynamic Models; Agribusiness; Marketing; C61; Q13.
Ano: 2009 URL: http://purl.umn.edu/51177
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ENVIRONMENT, EQUITY AND WATERSHED MANAGEMENT AgEcon
Onal, Hayri; Algozin, Kenneth A.; Isik, Murat.
This paper presents a methodology for incorporating environmental and social equity objectives in an economic analysis of watershed management. Empirical results indicate that restricting agricultural pollution notably increases farm costs. The equity objective also adversely affects economic efficiency, but the cost increase due to social equity is less significant.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/21032
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OPTIMAL TARGETING OF CREP TO IMPROVE WATER QUALITY: DETERMINING LAND RENTAL OFFERS WITH ENDOGENOUS SEDIMENT DEPOSITION COEFFICIENTS AgEcon
Yang, Wanhong; Khanna, Madhu; Farnsworth, Richard L.; Onal, Hayri.
An integrated watershed management framework that combines detailed spatial biophysical attributes of land with a hydrologic model and an economic model is developed to study the cost-effective enrollment of land in the Conservation Reserve Enhancement Program (CREP). Compared with previous related studies that assumed exogenous sediment deposition coefficients related only to site specific characteristics, this research explicitly considers endogenous sediment deposition coefficients, that are determined by landuse decisions made by all land parcels in the run-off path, in determining land rental offers. The modeling framework is applied to one of the eligible watersheds, Court Creek, in Illinois. We find that the optimal targeting of land enrollment is...
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/21807
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Meeting the Mandate for Biofuels: Implications for Land Use and Food and Fuel Prices AgEcon
Chen, Xiaoguang; Huang, Haixiao; Khanna, Madhu; Onal, Hayri.
Biofuels have been promoted to achieve energy security and as a solution to mitigating climate change. This research presents a framework to examine the extent to which biofuel mandates and subsidies reduce gasoline consumption and their implications for the food and fuel prices. A dynamic, multi-market equilibrium model, Biofuel and Environmental Policy Analysis Model (BEPAM), is used to estimate the effects of these policies on cropland usage between food crops and fuel crops and food and fuel prices, and to analyze the incentives provided by alternative policies for the mix of biofuels from corn and various cellulosic feedstocks that are economically viable over the 2007-2022 period. The provision of biofuel subsidies that accompany the mandate under...
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61629
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Optimum Land Allocation for Species Protection and Military Training on DoD Installations AgEcon
Dissanayake, Sahan T.M.; Onal, Hayri; Westervelt, James D.; Balbach, Harold E..
Replaced with revised version of poster 8/11/10.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Health Economics and Policy; Land Economics/Use.
Ano: 2010 URL: http://purl.umn.edu/61767
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Mathematical Programming Modeling of Agricultural Supply Response AgEcon
Onal, Hayri; Chen, Xiaoguang; Khanna, Madhu; Huang, Haixiao.
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Land Economics/Use.
Ano: 2009 URL: http://purl.umn.edu/49469
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Optimal Biorefinery Locations and Transportation Network for the Future Biofuels Industry in Illinois AgEcon
Tursun, Umit Deniz; Kang, Seungmo; Onal, Hayri; Ouyang, Yanfeng; Scheffran, Jurgen.
This article addresses development of the Illinois ethanol industry through the period 2007-2022, responding to the ethanol production mandates of the Renewable Fuel Standard by the U.S. Environmental Protection Agency. The planning for corn-based and cellulosic ethanol production requires integrated decisions on transportation, plant location, and capacity. The objective is to minimize the total system costs for transportation and processing of biomass, transportation of ethanol from refineries to the blending terminals and demand destinations, capital investment in refineries, and by-product credits. A multi-year transshipment and facility location model is presented to determine the optimal size and time to build each plant in the system, the amount of...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2008 URL: http://purl.umn.edu/53502
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EFFICIENCY LOSS AND TRADABLE PERMITS AgEcon
Liao, Chao-Ning; Onal, Hayri.
This research presents a price endogenous mathematical programming model that incorporates the independent, optimizing behavior of individual participants to estimate the possible efficiency loss of a newly developed permit trading market for nitrogen oxides (NOx) control in southern Taiwan. The result shows that when control equipment decisions are indivisible, an efficiency loss may arise due to over-investment. The efficiency loss found here is not because of a bilateral trading process and/or insufficient information for finding trading partners, but it is due to not having full control ability of the installed equipment.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/19447
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EVALUATING THE COST EFFECTIVENESS OF LAND RETIREMENT PROGRAMS AgEcon
Khanna, Madhu; Yang, Wanhong; Farnsworth, Richard L.; Onal, Hayri.
This paper extends an integrated framework that combines economic, environmental and GIS modeling to evaluate the cost effectiveness of land retirement programs. The modeling framework is applied to the Lower Sangamon Watershed in Cass County of Illinois to examine the economic costs and environmental benefits of three land retirement scenarios: land actually enrolled in the Illinois CREP, land selected by a land rental cap mechanism and land identified by a least cost model. We find that land retirement in the watershed successfully achieved the program goal of 20% sediment abatement. However, in achieving the same level of sediment abatement, the costs of actual land retirement are 1.3 times and 2.1 times of those in a land rental cap mechanism and a...
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 2002 URL: http://purl.umn.edu/19740
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The Economic Impact of New Technology Use in the U.S. Apple Industry AgEcon
Busdieker, Nichole; Nogueira, Lia; Onal, Hayri; Bullock, David S..
Replaced with revised version of poster 07/20/11.
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/103864
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Spatial Equilibrium in the Bio-Fuel Economy: A Multi-Market Analysis of Trade Distortions in the U.S. and Brazilian Ethanol Sector AgEcon
Bowser, William; Khanna, Madhu; Onal, Hayri.
Replaced with revised version of paper 08/04/10.
Tipo: Conference Paper or Presentation Palavras-chave: Bio-fuels; Trade; Land use; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61636
Registros recuperados: 19
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