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

Ira J. Altman, Jason Bergtold (), Dwight R. Sanders and Thomas G. Johnson

No 98804, 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas from Southern Agricultural Economics Association

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.

Keywords: Agribusiness (search for similar items in EconPapers)
Pages: 21
Date: 2011
New Economics Papers: this item is included in nep-agr and nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea11:98804

DOI: 10.22004/ag.econ.98804

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