Understanding Community Impacts: A Tool for Evaluating Externalities from Local Bio-Fuels Production
The 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.
|Date of creation:||Dec 2006|
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- 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.
- 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.
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