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Producer Willingness to Supply Biomass: the Effects of Price and Producer Characteristics

Author

Listed:
  • Altman, Ira J.
  • Bergtold, Jason S.
  • Sanders, Dwight R.
  • Johnson, Thomas G.

Abstract

This paper presents research results based on data from two biomass producer surveys collected from mid Missouri and southern Illinois. Specific topics of interest include the effect of price and producer characteristics on willingness to supply, assets producers currently own and services they may be willing to provide if bioenergy industries develop. A series of censored tobit regressions are utilized to analyze willingness to supply results under three price scenarios. Marginal effects of a one dollar change in the biomass price are shown to increase the willingness to supply by 0.5 to 2 percent.

Suggested Citation

  • Altman, Ira J. & Bergtold, Jason S. & Sanders, Dwight R. & Johnson, Thomas G., 2011. "Producer Willingness to Supply Biomass: the Effects of Price and Producer Characteristics," 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas 98804, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saea11:98804
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    File URL: http://purl.umn.edu/98804
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    References listed on IDEAS

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    1. Wheeler, Erin A. & Segarra, Eduardo & Johnson, Phillip N. & Johnson, Jeffrey W. & Willis, David B., 2006. "Policy Alternatives for the Southern Ogallala Aquifer," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35269, Southern Agricultural Economics Association.
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    Cited by:

    1. Rosburg, Alicia & Miranowski, John & Jacobs, Keri, 2013. "Cellulosic Biofuel Supply with Heterogeneous Biomass Suppliers: An Application to Switchgrass-based Ethanol," Staff General Research Papers Archive 36359, Iowa State University, Department of Economics.
    2. Rosburg, Alicia Sue, 2012. "Essays concerning the cellulosic biofuel industry," ISU General Staff Papers 201201010800003732, Iowa State University, Department of Economics.
    3. Hoque, Mohammad Mainul & Artz, Georgeanne M. & Jarboe, Darren H. & Martens, Bobby J., 2015. "Producer Participation in Biomass Markets: Farm Factors, Market Factors, and Correlated Choices," ISU General Staff Papers 201508010700001584, Iowa State University, Department of Economics.
    4. Hoque, Mohammad Mainul & Artz, Georgeanne M. & Martens, Bobby J. & Jarboe, Darren H., 2013. "Essentials for Producer Participation in Biomass Markets When Choices are Correlated," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 142747, Southern Agricultural Economics Association.

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    Keywords

    biomass; willingness to supply; Agribusiness;

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