Switching to Perennial Energy Crops Under Uncertainty and Costly Reversibility

Author:

Song Feng1,Zhao Jinhua2,Swinton Scott M.3

Affiliation:

1. Department of Agricultural, Food and Resource EconomicsRenmin University Beijing China

2. Department of EconomicsDepartment of Agricultural, Food, and Resource EconomicsMichigan State University East Lansing Michigan

3. Department of Agricultural, Food and Resource EconomicsDOE Great Lakes Bioenergy Research CenterMichigan State University East Lansing Michigan

Publisher

Wiley

Subject

Economics and Econometrics,Agricultural and Biological Sciences (miscellaneous)

Reference36 articles.

1. Irreversible Investment under Uncertainty: Conservation Easements and the Option to Develop Agricultural Land;Abebayehu T.;Journal of Agricultural Economics,1999

2. BabcockB. A.GassmanP. W.JhaM.KlingC. L.Adoption Subsidies and Environmental Impacts of Alternative Energy Crops2007Iowa State University Department of Economics. Staff General Research Papers 07-BP 50

3. BlocksomeC. E.JonesR. D.HerbelK. L.FickW. H.Decision Considerations for Expiring CRP Contracts2008Kansas State University Agricultural Experiment Station and Cooperative Extension Service Report MF-2827

4. Optimal Switching in an Economic Activity under Uncertainty

5. The Intensity and Timing of Investment: The Case of Land;Capozza D.;American Economic Review,1994

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