@article{Dixon:331569,
      recid = {331569},
      author = {Dixon, Peter B. and Osborne, Stefan and Rimmer, Maureen  T.},
      title = {The Economy-Wide Effects in The United States of Replacing  Crude Petroleum with Biomass},
      address = {2007},
      pages = {22},
      year = {2007},
      note = {Presented at the 10th Annual Conference on Global Economic  Analysis, Purdue University, USA; Energy & Environment  Vol  18 No 5  2007auto,394},
      abstract = {Part of President Bush’s energy policy is to encourage  research aimed at reducing the cost of biomass-based motor  fuels to become competitive with petroleum-based fuels. We  use a dynamic, CGE model to investigate the economy-wide  implications of successful implementation of this policy.  We find in the long-run, 2020, that the U.S. would  experience significant benefits arising from: (1)  substitution of biomass whose price is likely to fall in  the long-run for crude petroleum whose price is likely to  rise; (2) reduction in the world price of crude petroleum;  (3) an increase in employment; and (4) an increase in  export prices.},
      url = {http://ageconsearch.umn.edu/record/331569},
}