Understanding Community Impacts: A Tool for Evaluating Externalities from Local Bio-Fuels Production
AbstractThe popularity of public investment in local bio-fuels production as a rural development initiative is growing. An important consideration in determining the level of public support for a plant's development, however, is accurately measuring public externalities resulting from plant activity. The purpose of this research was to first develop a set of community multipliers associated with various bio-fuel plant configurations, and then develop an easy to use tool that allows local communities to measure potential benefits based on varying levels of plant activity.
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Bibliographic InfoPaper provided by University of Wisconsin, Agricultural and Applied Economics in its series Staff Paper Series with number 505.
Date of creation: Dec 2006
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- Fortenbery, T. Randall, 2005. "Biodiesel Feasibility Study: An Evaluation of Biodiesel Feasibility in Wisconsin," Staff Paper Series 481, University of Wisconsin, Agricultural and Applied Economics.
- Kevin McNew & Duane Griffith, 2005. "Measuring the Impact of Ethanol Plants on Local Grain Prices," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 27(2), pages 164-180.
- Turnquist, Alan & Fortenbery, T. Randall & Foltz, Jeremy D., 2008. "Progress or Devastation? The Effects of Ethanol Plant Location on Local Land Use," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6125, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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