scholarly journals Impacts of Expanded Ethanol Production on Southern Agriculture

2008 ◽  
Vol 40 (2) ◽  
pp. 581-592 ◽  
Author(s):  
Dwi Susanto ◽  
C. Parr Rosson ◽  
Darren Hudson

This study analyzes the potential impacts of expanded ethanol production on southern agriculture. Results of regression analysis suggest that acreage planted for field crops (corn, cotton, soybeans, and wheat) is inelastic with respect to relative prices. The results provide statistical evidence of potential significant acreage shifts favoring corn over cotton, soybeans, and wheat. Simulations indicate that higher corn prices will increase corn acreage, but the South continues to be a deficit corn region. U.S. corn production is capable of supplying domestic demand for ethanol, feed for livestock and poultry, and other uses, while maintaining exports at more than 2 billion bushels annually.

2006 ◽  
Vol 38 (2) ◽  
pp. 377-387 ◽  
Author(s):  
Joe L. Parcell ◽  
Patrick Westhoff

This study summarizes research on farm-, local-, regional-, and macro-level economic effects of ethanol production. Given current production levels, the ethanol production industry annually employees approximately 3,500 workers, pays out nearly $132 million in worker salaries, generates over $110 million in local taxes, and takes in some $2 billion in government incentive payments. Projections for a 60 million gallon per year ethanol plant indicate an annual increase in corn usage of 21 million bushels, a one-time capitalization of $75 million, an increase in local corn prices of between $0.06/bushel and $0.12/bushel, a 54 direct and a 210 indirect jobs created, an increase in local tax revenues of $1.2 million, a decrease in federal commodity program outlays of $30 million, and an increase in ethanol production incentives (federal only) of around $30.5 million.


2011 ◽  
Vol 2 (2) ◽  
pp. 95-103 ◽  
Author(s):  
Jörg Schimmelpfennig

In 1898, two railways serving the south-east of England agreed to be managed by a joint committee. This paper finds clear statistical evidence of the negative impact this had on total economic costs, including opportunity costs of capital, as well as working expenditure. Thus, additional support was provided for the then British railway policy already strongly suspicious of railway mergers on competition grounds. At the same time the findings could reopen the discussion on the wisdom of today’s British rail privatisation philosophy. In particular, one could argue that, instead of separating infrastructure and train operations, the creation of vertically-integrated regional duopolies along the pre-1899 networks might lead to genuine competition, require less regulation, reduce costs, and thus increase economic surplus.


2014 ◽  
Vol 46 (2) ◽  
pp. 157-171 ◽  
Author(s):  
Yehushua Shay Fatal ◽  
Walter N. Thurman

U.S. ethanol production capacity increased more than threefold between 2002 and 2008. We study the effect of this growth on corn acreage. Connecting annual changes in county-level corn acreage to changes in ethanol plant capacities, we find a positive effect on planted corn. The building of a typical plant is estimated to increase corn in the county by over 500 acres and to increase acreage in surrounding counties up to almost 300 miles away. All ethanol plants are estimated to increase corn production by less than their annual requirements.


2020 ◽  
Vol 12 (5) ◽  
pp. 2051 ◽  
Author(s):  
Ashraf J. Zaied ◽  
Hatim M. E. Geli ◽  
Mohammed N. Sawalhah ◽  
Jerry L. Holechek ◽  
Andres F. Cibils ◽  
...  

This study was conducted within the context of providing an improved understanding of New Mexico’s food, energy, water systems (FEWS) and their behavior under variable climate and socioeconomic conditions. The goal of this paper was to characterize the relationships between production and prices of some forage crops (hay, grain sorghum, and corn) that can be used as feed supplements for beef cattle production and the potential impacts from a changing climate (precipitation, temperature) and energy inputs (crude oil production and prices). The analysis was based on 60 years of data (1958–2017) using generalized autoregressive conditional heteroscedasticity models. Hay production showed a declining trend since 2000 and in 2017, it dropped by ~33% compared to that of 2000. Crude oil production (R2 = 0.83) and beef cattle population (R2 = 0.85) were negatively correlated with hay production. A moderate declining trend in mean annual hay prices was also observed. Mean annual range conditions (R2 = 0.60) was negatively correlated with mean annual hay prices, whereas mean annual crude oil prices (R2 = 0.48) showed a positive relationship. Grain sorghum production showed a consistent declining trend since 1971 and in 2017, it dropped by ~91% compared to that of 1971. Mean annual temperature (R2 = 0.58) was negatively correlated with grain sorghum production, while beef cattle population (R2 = 0.61) and range conditions (R2 = 0.51) showed positive linear relationships. Mean annual grain sorghum prices decreased since the peak of 1974 and in 2017, they dropped by ~77% compared to those of 1974. Crude oil prices (R2 = 0.72) and beef cattle population (R2 = 0.73) were positively correlated with mean annual grain sorghum prices. Corn production in 2017 dropped by ~61% compared to the peak that occurred in 1999. Crude oil production (R2 = 0.85) and beef cattle population (R2 = 0.86) were negatively correlated with corn production. Mean annual corn prices showed a declining trend since 1974 and in 2017, they dropped by ~75% compared to those of 1974. Mean annual corn prices were positively correlated with mean annual precipitation (R2 = 0.83) and negatively correlated with crude oil production (R2 = 0.84). These finding can particularly help in developing a more holistic model that integrates FEWS components to explain their response to internal (i.e., management practices) and external (i.e., environmental) stressors. Such holistic modeling can further inform the development and adoption of more sustainable production and resource use practices.


10.19082/6981 ◽  
2018 ◽  
Vol 10 (6) ◽  
pp. 6981-6987 ◽  
Author(s):  
Abbas Abbasi-Ghahramanloo ◽  
Mahmoud Khodadost ◽  
Farhad Moradpour ◽  
Mohammad Reza Karimirad ◽  
Razieh Kamali ◽  
...  

Significance The recent fall in the price of oil was expected to provide a timely boost to the South Korean economy, but its performance in the first quarter of 2015, though rebounding from the previous quarter, has been below expectations. Beset by slowing exports and weak domestic demand, the mood in both the business and household sectors is downbeat. Impacts Absent a sustained growth rebound (or some kind of foreign policy breakthrough), Park's presidency will be seen as a failure. Deflation could threaten South Korea if there is no adjustment to monetary policy. An FTA with China will boost South Korean exports only in the longer term. The sharp depreciation of the euro will make Europe a challenging market for South Korea for now.


1975 ◽  
Vol 35 (3) ◽  
pp. 526-551 ◽  
Author(s):  
Gavin Wright ◽  
Howard Kunreuther

Why Did “Uncle Remus” exhort the post-bellum South to reduce its cotton-growing in favor of corn? His complaint was prompted in the immediate sense by the low cotton prices of the early 1890's, but such comments reflected a continuing discontent over the region's abandonment of self-sufficiency in foods after the Civil War. The ratio of cotton output to com was probably at an antebellum peak in 1860, but this ratio had been easily exceeded by 1880, as Table 1 indicates. In the leading cotton states, per capita corn production and the per capita stock of hogs were only about half of what they had been twenty years earlier. Coinciding as it did with a major era of stagnation in world cotton demand, this shift into cotton is of great importance for the subsequent economic development of the South. Despite its size and significance, the shift lacks a satisfactory explanation in the historical literature.


2013 ◽  
Vol 10 (2) ◽  
pp. 184-194 ◽  
Author(s):  
P Van der Merwe ◽  
Melville Saayman ◽  
Waldo Krugell

According to a national survey conducted in 2005, biltong hunters contribute significantly to conservation and the South African economy. This research indicated that the economic contribution of biltong hunting is just over R3 billion (US$ 500 million) per season. The aim of this article is to establish the determinants of biltong hunters’ spending in South Africa. This information could be used to increase spending by biltong hunters on tailor-made packages.The sample population included all members of the SA Hunters and Game Conservation Association. A regression analysis was undertaken to identify the determinants of spending by biltong hunters. The main findings of the research indicated that income, number of game items hunted, number of days spent hunting and distance travelled are the main determinants.


2019 ◽  
Vol 28 (3) ◽  
pp. 2110
Author(s):  
Made Okvan Dwi Purwadi ◽  
Putu Ery Setiawan

Increased tax revenue is based on several important factors, one of which is tax compliance. Religiosity, tax services and tax sanctions are some of the factors that influence tax compliance. Knowing the influence between religiosity, tax authorities, and tax sanctions on individual taxpayer compliance is the aim of this study, with the South Badung KPP as the research location. Determined as many as 100 respondents who are WPOPs registered at KPP Pratama Badung as the research sample. Samples were determined by convenience sampling method and data obtained were analyzed using multiple linear regression analysis. Based on the results of the study it was found that religiosity, tax authorities services, and tax sanctions each had a positive influence on individual taxpayer compliance at the South Badung Tax Office. Keywords : Religiosity, ministry of fiscal, tax sanctions, taxpayer compliance.


2020 ◽  
pp. 274-319
Author(s):  
Paul F. Meier

This chapter examines the use of biomass to make ethanol, or bioethanol, as a transportation fuel. Biomass is defined as any organic material that can be used as a fuel. However, in the United States and Brazil, the two countries that dominate the bioethanol market, most ethanol is produced from corn grain (United States) or sugarcane (Brazil). There has also been research and some commercial trials using cellulosic material, such as corn stover, switchgrass, and sugarcane bagasse, to produce ethanol, but the approach is hindered by high capital and operating costs. In the United States, more than 35% of the total corn production goes towards ethanol production and ethanol makes up about 10% of the gasoline market. Since 2007, the gallons of ethanol produced has more than doubled, and much of this growth has been driven by federal subsidies and mandates.


Sign in / Sign up

Export Citation Format

Share Document