Stochastic Dominance Analysis of Bioenergy Crops as a Production Alternative on an East Tennessee Beef and Crop Farm

Andrew P. Griffith, James A. Larson, Burton C. English and Dan L. McLemore

No 46811, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: This study evaluated prices and incentives for switchgrass stated in a biorefinery’s contract terms that induce switchgrass production on an east Tennessee representative farm when compared with traditional enterprises. The alternate contract terms imitated current subsidies/incentives offered as well as incentives and cost share terms not in the BCAP.

Keywords: switchgrass; contract; risk aversion; net return; Farm Management; Production Economics; Resource /Energy Economics and Policy; Q12 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene
Date: 2009
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