000331569 001__ 331569
000331569 005__ 20250221180254.0
000331569 041__ $$aeng
000331569 245__ $$aThe Economy-Wide Effects in The United States of Replacing Crude Petroleum with Biomass
000331569 260__ $$c2007
000331569 269__ $$a2007
000331569 300__ $$a22
000331569 336__ $$aConference Paper/ Presentation
000331569 500__ $$aPresented at the 10th Annual Conference on Global Economic Analysis, Purdue University, USA; Energy & Environment  Vol 18 No 5  2007auto,394
000331569 520__ $$aPart 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.
000331569 546__ $$aEnglish
000331569 650__ $$aResource/Energy Economics and Policy
000331569 650__ $$aAgricultural and Food Policy
000331569 6531_ $$aDomestic policy analysis
000331569 6531_ $$aDynamic modeling
000331569 700__ $$aDixon, Peter B.
000331569 700__ $$aOsborne, Stefan
000331569 700__ $$aRimmer, Maureen T.
000331569 773__ $$j2006
000331569 8564_ $$945565a95-f22c-426b-af93-b125ff314167$$s282476$$uhttps://ageconsearch.umn.edu/record/331569/files/3271.pdf
000331569 909CO $$ooai:ageconsearch.umn.edu:331569$$pGLOBAL_SET
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000331569 980__ $$a2457