Assessing the Economic Impact of Alternative Biomass Uses: Biofuels, Wood Pellets, and Energy Production

T. William Lester, Mark G. Little and G. Jason Jolley

Journal of Regional Analysis and Policy, 2015, vol. 45, issue 01

Abstract: The green economy, including biofuels and biomass production, has received consider-able academic and popular press attention. Yet, documenting and measuring the economic impact of green economy activities remains a challenge, as this ill-defined economic sector’s benefits are often overstated. This article makes two unique contributions to the emerging ac-ademic literature on the green economy. First, it contributes to the applied academic literature on economic impact assessments of the green economy by documenting approaches to meas-ure the economic impact of three alternative biomass uses: electricity generation, wood pellet manufacturing, and biofuels manufacturing. Second, it examines the regulatory influences and market volatility that challenge the long-term viability of each alternative use.

Keywords: Environmental Economics and Policy; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:jrapmc:243978

DOI: 10.22004/ag.econ.243978

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