Spatial Competition and Economics of Biofuels from Corn Stover

dc.creatorSesmero, Juan
dc.creatorBalagtas, Joseph Valdes
dc.creatorPratt, Michelle
dc.date2017-04-01T19:41:23Z
dc.date.accessioned2026-07-09T08:03:01Z
dc.descriptionThis paper develops a model of spatial competition nesting the classical Zhang and Sexton (2001) duopsony and spatial monopsony in order to evaluate the effects of alternative stover market structures on stover prices, supply of biofuels, and firm profits. We show theoretically, as well as in an empirical implementation calibrated to reflect supply conditions in Indiana, that spatial competition may significantly increase feedstock cost, reduce profits of biofuels plants, and decrease a plant’s optimal scale of production and supply elasticity.
dc.identifierdoi:10.22004/ag.econ.170595
dc.identifierhttps://ageconsearch.umn.edu/record/170595/files/Spatial%20Competition%20and%20Economics%20of%20Biofuels%20from%20Corn%20Stover%20-%2020140528-AAEA.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/170595
dc.identifier.urihttp://hdl.handle.net/123456789/595040
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/170595
dc.titleSpatial Competition and Economics of Biofuels from Corn Stover
dc.typeText

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