Willingness to supply biomass for bioenergy production: A random parameter truncated analysis

A-Tier
Journal: Energy Economics
Year: 2015
Volume: 47
Issue: C
Pages: 1-10

Authors (4)

Altman, Ira (not in RePEc) Bergtold, Jason (Kansas State University) Sanders, Dwight (not in RePEc) Johnson, Tom (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 4 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper presents research results based on data from two biomass producer surveys collected from mid Missouri and southern Illinois. A series of random parameter truncated regressions are utilized to analyze willingness to supply results under three price scenarios. Marginal effects suggest that producers will supply an additional 1.6 to 2.4% of their biomass production for each one dollar increase in price and that supply for three types of biomass (stover, straw and hay) is elastic. This means commercial developers that are interested in pricing biomass and policy makers considering subsidies could expect modest supply responses for each dollar increase in price.

Technical Details

RePEc Handle
repec:eee:eneeco:v:47:y:2015:i:c:p:1-10
Journal Field
Energy
Author Count
4
Added to Database
2026-01-24