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How profitable is switchgrass in Illinois, USA? An economic definition of marginal land
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作者 Nictor Namoi David Archer +4 位作者 Todd S.Rosenstock Chunhwa Jang Cheng‐Hsien Lin Arvid Boe DoKyoung Lee 《Grassland Research》 2022年第2期111-122,共12页
Background:Decisions regarding the conversion of land from an existing crop to bioenergy crops are critical for the sustainable production of both food and fuels.This study seeks to establish criteria for delineating ... Background:Decisions regarding the conversion of land from an existing crop to bioenergy crops are critical for the sustainable production of both food and fuels.This study seeks to establish criteria for delineating land as“economically marginal”,and thus suited for growing switchgrass.Methods:In this case study of an Illinois agricultural field,the profitability of switchgrass,with farmgate prices of$44 Mg−1,$66 Mg−1,or$88 Mg−1,was compared to corn and soybean crop prices.Further,the study also evaluates the profitability of switchgrass when replacing corn‐based yield estimates from the Soil Productivity Index(SPI)of Illinois.Results:Based on a dry‐matter yield of 10.45 Mg ha−1,switchgrass can compete with soybeans only at the high price of$88 Mg−1,but depending on location,can compete with corn at$66 Mg−1.Across Illinois,at$88 ha−1,all Illinois land with SPI<100%and 95%of land under SPI class C(SPI 100–116)is profitable under switchgrass.Switchgrass may not be profitable relative to corn grown in the SPI class A(SPI>133)and only 7%of class B(SPI 117–132).Conclusions:Our results show that land with drainage and erosion limitations is economically marginal when corn and soybean yields are low,and the farmgate price for switchgrass is greater than$66 Mg−1.However,this may not be possible on land where switchgrass is replacing frequent soybean rotations(corn–soybean ratio≤1).Land used to produce only soybeans may only be marginal at the farmgate price of$88 Mg−1.Further studies need to be conducted to identify how much land can be converted to switchgrass without harming corn production. 展开更多
关键词 BIOENERGY economically marginal marginal land Soil Productivity Index(SPI) SWITCHGRASS
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PREDICTIVE STUDY ON THE ECONOMIC VALUE OF RADIO SPECTRUM IN CHINA
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作者 Huixian Wang Tingjie Lv +1 位作者 Xia Chen Qi Wang 《Journal of Systems Science and Systems Engineering》 SCIE EI CSCD 2014年第4期480-496,共17页
Increasing popularity of spectrum-based services brings the striking contradictions between the limited spectrum resource and its increasing demands.This paper puts forward an approach to forecast the future spectrum ... Increasing popularity of spectrum-based services brings the striking contradictions between the limited spectrum resource and its increasing demands.This paper puts forward an approach to forecast the future spectrum demand and its economic value,so as to offer a scientific basis for spectrum regulators to resolve this contradiction effectively and make a long-term spectrum-use plan.Specifically,this paper analyzes the driving factors of spectrum demand firstly,based on which a forecasting model is constructed to predict the spectrum demand and its deficit/surplus in the next few years.Then,a forecasting model to measure the economic value of spectrum is proposed based on marginal opportunity cost theory,and the indifference curve is introduced to show the economic value generated by additional spectrum.Additionally,an empirical study is conducted to forecast the spectrum demand and its economic value for China in the next 10 years according to the proposed method.The results of this study show that spectrum deficit is a trend in future and releasing additional spectrum will bring China huge economic benefits. 展开更多
关键词 Spectrum demand economic value marginal opportunity cost indifference curve
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