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Please use this identifier to cite or link to this item: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/46722

Title: Assessing Economic Implications of New Technology: The Case of Cornstarch-Based Biodegradable Plastics
Authors: Keith H. Coble;Ching-Cheng Chang
Bruce A. McCarl
Bobby R. Eddleman
Contributors: 國立臺灣海洋大學:應用經濟研究所
Date: 1992
Issue Date: 2018-06-04T02:12:56Z
Publisher: Review of Agricultural Economics
Abstract: Abstract: A nonlinear mathematical programming model of the agricultural sector is utilized to examine the potential economic impacts of producing cornstarch-based biodegradable plastics. The model simulates market conditions in terms of prices, quantities, farm program expenditures, and resource usage while also generating social welfare measures. Six alternative biodegradable plastic production and technology scenarios are examined. The results indicate that biodegradable plastics production, even under optimistic scenarios, does not have major impacts on the agricultural sector. Producers gain welfare benefits, largely through corn and sorghum production. Biodedegradable plastics production causes increased farm program expenditures as well. A net welfare cost to the agricultural sector would need to be met by consumer and environmental gains due to biodegradable plastics use.
Relation: 14(1) pp. 33-43
URI: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/46722
Appears in Collections:[應用經濟研究所] 期刊論文

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