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How Policy Affects Incentives and Contract Duration in Biomass Production AgEcon
Wang, Chenguang.
Policies such as Biomass Crop Assistance Program (BCAP) which aim to assist farmers with biomass production may act as a double-edged sword. On one hand, they lure farmers to adopt biomass production in the short term. On the other hand, they can’t be irresponsible for farmers’ abandonment of biomass production in the long run. The paper sharpens this idea in a principal-agent setting and argues that by offering a timely loyalty premium the agents’ take-and-run behavior can be mitigated. Moreover, the model shows that effort and investment in human capital are increasing in loyalty premium when agents decide to continue providing biomass after testing-water contract expires.
Tipo: Conference Paper or Presentation Palavras-chave: BCAP; Incentive; Contract duration; Take-and-Run; Environmental Economics and Policy; Industrial Organization; Production Economics.
Ano: 2011 URL: http://purl.umn.edu/103335
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Cost Analysis of Alternative Harvest, Storage and Transportation Methods for Delivering Switchgrass to a Biorefinery from the Farmers’ perspective AgEcon
Wang, Chenguang; Larson, James A.; English, Burton C.; Jensen, Kimberly L..
Switchgrass for bioenergy production will require substantial storage. This study evaluated costs of alternative baling and on-farm storage systems. Rectangular bales minimize cost if switchgrass is processed immediately after harvest. However, round bales minimize cost if switchgrass is stored under cover for 200 days before transporting to the biorefinery
Tipo: Conference Paper or Presentation Palavras-chave: Switchgrass; Baling; Storage; Transport; Costs; Farm; Biorefinery; Agricultural Finance; Farm Management; Production Economics; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/47169
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Cost Analysis of Alternative Harvest, Storage and Transportation Methods for Delivering Switchgrass to a Biorefinery from the Farmers’ perspective AgEcon
Wang, Chenguang; Larson, James A.; English, Burton C.; Jensen, Kimberly L..
Switchgrass for bioenergy production will require substantial storage. This study evaluated costs of alternative baling and on-farm storage systems. Rectangular bales minimize cost if switchgrass is processed immediately after harvest. However, round bales minimize cost if switchgrass is stored under cover for 200 days before transporting to the biorefinery
Tipo: Conference Paper or Presentation Palavras-chave: Switchgrass; Baling; Storage; Transport; Costs; Farm; Biorefinery; Agribusiness; Agricultural Finance; Environmental Economics and Policy; Farm Management; Production Economics; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/46812
Registros recuperados: 3
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