Effect of Production Parameters on the Economic Feasibility of a Biofuel Enterprise
Samuel D. Zapata,
Luis A. Ribera and
Marco Palma ()
Journal of Agricultural and Applied Economics, 2017, vol. 49, issue 3
Abstract:
In order to guarantee the success of the nascent cellulose-based biofuel industry, it is crucial to identify the most economically relevant components of the biofuel production path. To this aim, an original stochastic financial model is developed to estimate the impact that different feedstock production and biofuel conversion parameters have on the probability of economic success. Estimation of the model was carried out using Monte Carlo simulation techniques along with parametric maximum likelihood estimation procedures. Results indicate that operational efficiency strategies should concentrate on improving feedstock yields and extending the feedstock growing season.
Keywords: Resource; /Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:
Downloads: (external link)
https://ageconsearch.umn.edu/record/352110/files/e ... ofuel-enterprise.pdf (application/pdf)
Related works:
Journal Article: EFFECT OF PRODUCTION PARAMETERS ON THE ECONOMIC FEASIBILITY OF A BIOFUEL ENTERPRISE (2017) 
Working Paper: Effect of Production Parameters On the Economic Feasibility of a Biofuel Enterprise (2016) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:352110
DOI: 10.22004/ag.econ.352110
Access Statistics for this article
More articles in Journal of Agricultural and Applied Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().