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Full-Text Articles in Agricultural and Resource Economics

Environmental Efficiency Among Corn Ethanol Plants, Juan P. Sesmero, Richard K. Perrin, Lilyan E. Fulginiti Sep 2010

Environmental Efficiency Among Corn Ethanol Plants, Juan P. Sesmero, Richard K. Perrin, Lilyan E. Fulginiti

Department of Agricultural Economics: Faculty Publications

Economic viability of the US corn ethanol industry depends on prices, technical and economic efficiency of plants and on continuation of policy support. Public policy support is tied to the environmental efficiency of plants measured as their impact on emissions of greenhouse gases. This study evaluates the environmental efficiency of seven recently constructed ethanol plants in the North Central region of the U.S., using nonparametric data envelopment analysis (DEA). The minimum level of GHG emissions (per gallon of ethanol produced) feasible with the available technology is calculated for each plant and this level is used to decompose environmental efficiency into …


Health And Growth: Causality Through Education, Rui Huang, Lilyan E. Fulginiti, E. Wesley Peterson Jul 2010

Health And Growth: Causality Through Education, Rui Huang, Lilyan E. Fulginiti, E. Wesley Peterson

Department of Agricultural Economics: Faculty Publications

Purpose--The paper theoretically and empirically investigates the impact on human capital investment decisions and income growth of lowered life expectancy as a result of HIV/AIDS and other diseases. Design/methodology/approach--The theoretical model is a three-period overlapping generations model where individuals go through three stages in their life, namely, young, adult and old. The model extends existing theoretical models by allowing the probability of premature death to differ for individuals at different life stage, and by allowing for stochastic technological advances. The empirical investigation focuses on the effect of HIV/AIDS on life expectancy and on the role of health on educational investments …


Department Of Agricultural Economics Publications In 2009, Pam A. Holmes Apr 2010

Department Of Agricultural Economics Publications In 2009, Pam A. Holmes

Department of Agricultural Economics: Faculty Publications

Publications from the UNL Department of Agricultural Economics in 2009.


Taiwanese Industry Competitiveness When Outward Fdi Is Defensive, Ling Sun, Lilyan E. Fulginiti, Yo-Chan Chen Apr 2010

Taiwanese Industry Competitiveness When Outward Fdi Is Defensive, Ling Sun, Lilyan E. Fulginiti, Yo-Chan Chen

Department of Agricultural Economics: Faculty Publications

The main purpose of this study is to examine the links between outward FDI and the competitiveness of Taiwanese industries. This is done by emphasizing the difference between ‘defensive’ versus ‘expansionary’ outward FDI. The empirical study is based on a panel data of 15 industries over the period 1991–2001. The results indicate that outward FDI of the defensive type, in particular that destined to China, while increasing industry efficiency has had a significant negative influence on competitiveness of the Taiwanese industry through its effects on innovative activity. While outward FDI has impacted the industry’s productivity growth it has not decreased …


Carbon Emission Control Policies Within China’S Power Generation Sector, Zhenyu Zhang, Karina Schoengold Mar 2010

Carbon Emission Control Policies Within China’S Power Generation Sector, Zhenyu Zhang, Karina Schoengold

Department of Agricultural Economics: Faculty Publications

The paper examines the potential for emissions control policy using the example of the power generation sector in China. The analytical model is developed using a joint production function, where carbon emissions and electricity are jointly produced using capital and fossil fuel inputs. Abatement of emissions can be achieved by investment in two types of capital – production capital that improves the production efficiency, or abatement capital that removes the emissions. The analytical model shows that economic growth can be achieved while still keeping the emission stock at a stable level. The results are estimated using data from China’s electricity …


Price Discovery In Nebraska Cattle Markets, Matthew C. Stockton, David A. Bessler, Roger K. Wilson Jan 2010

Price Discovery In Nebraska Cattle Markets, Matthew C. Stockton, David A. Bessler, Roger K. Wilson

Department of Agricultural Economics: Faculty Publications

Monthly observations on prices from 10 weight/gender classifications of Nebraska beef cattle are studied in an error correction model (ECM) framework. This study attempts a replication of the 2003 paper on Texas prices by Bessler and Davis, where they find medium heifers (600–700 lb) at the center of price discovery. Using the ECM results Nebraska light steers are found to be weakly exogenous, with the innovation accounting results showing marked differences. Industry structure, production choices, and animal type and breeding herd differences between Texas and Nebraska are proposed as plausible reasons for partial (or incomplete) success at replication.