Applied Economics Faculty Publications Copyright (c) 2013 Utah State University All rights reserved. http://digitalcommons.usu.edu/appecon_facpub Recent documents in Applied Economics Faculty Publications en-us Wed, 03 Apr 2013 01:31:23 PDT 3600 Carbon Sequestration and Permit Trading on the Competitive Fringe http://digitalcommons.usu.edu/appecon_facpub/1238 http://digitalcommons.usu.edu/appecon_facpub/1238 Mon, 01 Apr 2013 13:59:18 PDT This paper makes two contributions to the carbon-sequestration literature. The first is the development of a theoretical framework in which sequestration and permit trading are analyzed jointly in the context of a competitive fringe model. The second is a numerical analysis demonstrating the role market structure, or market power, might play in the determination of an equilibrium sequestration allocation and carbon price. We present three comparative-static cases, the first two of which assess the impact of relative changes in the cost structures of the dominant firm and competitive fringe. For these two cases we find that the equilibrium allocation of sequestration aligns with a higher carbon price when the competitive fringe experiences an increase in its marginal cost parameter. Conversely, the carbon price falls when the dominant firm experiences a decrease in its marginal cost parameter. In a third case we evaluate the impact of stricter regulation on the abatement decisions of the polluting firm. Our results demonstrate the importance of incorporating into empirical supply-side models demand-side information that is reflective of an underlying market structure.

]]> Arthur Caplan Sell Now or Wait 'Til Spring? http://digitalcommons.usu.edu/appecon_facpub/1234 http://digitalcommons.usu.edu/appecon_facpub/1234 Thu, 19 Apr 2012 13:03:04 PDT DeeVon Bailey et al. Alternatives for Crop Producers http://digitalcommons.usu.edu/appecon_facpub/1230 http://digitalcommons.usu.edu/appecon_facpub/1230 Thu, 19 Apr 2012 13:01:54 PDT DeeVon Bailey et al. Impact of Tax Reform Act of 1986 on a Rich County Cow/Calf Operation http://digitalcommons.usu.edu/appecon_facpub/1227 http://digitalcommons.usu.edu/appecon_facpub/1227 Thu, 19 Apr 2012 13:01:02 PDT DeeVon Bailey et al. Video Auctions in Utah- 1987 http://digitalcommons.usu.edu/appecon_facpub/1225 http://digitalcommons.usu.edu/appecon_facpub/1225 Thu, 19 Apr 2012 13:00:25 PDT DeeVon Bailey et al. Drought Dominated 1988 Ag Picture http://digitalcommons.usu.edu/appecon_facpub/1224 http://digitalcommons.usu.edu/appecon_facpub/1224 Thu, 19 Apr 2012 13:00:03 PDT DeeVon Bailey Outlook Relatively Bright for U.S. Agriculture http://digitalcommons.usu.edu/appecon_facpub/1218 http://digitalcommons.usu.edu/appecon_facpub/1218 Thu, 19 Apr 2012 12:58:13 PDT DeeVon Bailey Video Regional Auctions Have Different Price Effects http://digitalcommons.usu.edu/appecon_facpub/1216 http://digitalcommons.usu.edu/appecon_facpub/1216 Thu, 19 Apr 2012 12:57:33 PDT DeeVon Bailey Demand for Ag Commodities Should Be Slightly Above 1990 Levels http://digitalcommons.usu.edu/appecon_facpub/1214 http://digitalcommons.usu.edu/appecon_facpub/1214 Thu, 19 Apr 2012 12:56:48 PDT DeeVon Bailey Keeping Calves Past Weaning Provides Another Marketing Choice http://digitalcommons.usu.edu/appecon_facpub/1212 http://digitalcommons.usu.edu/appecon_facpub/1212 Thu, 19 Apr 2012 12:56:06 PDT DeeVon Bailey et al. Does Buyer Concentration Influence Feeder Prices? http://digitalcommons.usu.edu/appecon_facpub/1210 http://digitalcommons.usu.edu/appecon_facpub/1210 Thu, 19 Apr 2012 12:55:31 PDT DeeVon Bailey No Strong Increase in Demand for Beef Expected in Coming Year http://digitalcommons.usu.edu/appecon_facpub/1208 http://digitalcommons.usu.edu/appecon_facpub/1208 Thu, 19 Apr 2012 12:55:00 PDT DeeVon Bailey International Hay Marketing http://digitalcommons.usu.edu/appecon_facpub/1206 http://digitalcommons.usu.edu/appecon_facpub/1206 Thu, 19 Apr 2012 12:54:34 PDT DeeVon Bailey et al. Overall Food Prices Expected to Increase This Year http://digitalcommons.usu.edu/appecon_facpub/1203 http://digitalcommons.usu.edu/appecon_facpub/1203 Thu, 19 Apr 2012 12:53:47 PDT DeeVon Bailey 1994 Beef Production to be About the Same Level as '92 http://digitalcommons.usu.edu/appecon_facpub/1202 http://digitalcommons.usu.edu/appecon_facpub/1202 Thu, 19 Apr 2012 12:53:29 PDT DeeVon Bailey Today's Changing Meat Industry and Tomorrow's Beef Sector http://digitalcommons.usu.edu/appecon_facpub/1199 http://digitalcommons.usu.edu/appecon_facpub/1199 Thu, 19 Apr 2012 12:52:29 PDT DeeVon Bailey et al. Farm Bill Affects Utah Hay and Cattle http://digitalcommons.usu.edu/appecon_facpub/1198 http://digitalcommons.usu.edu/appecon_facpub/1198 Thu, 19 Apr 2012 12:52:09 PDT DeeVon Bailey Cattle and Beef Outlook for 1999 http://digitalcommons.usu.edu/appecon_facpub/1195 http://digitalcommons.usu.edu/appecon_facpub/1195 Thu, 19 Apr 2012 12:51:11 PDT DeeVon Bailey Enterprise Budget: Background Feeder Cattle http://digitalcommons.usu.edu/appecon_facpub/1194 http://digitalcommons.usu.edu/appecon_facpub/1194 Thu, 19 Apr 2012 12:50:50 PDT E. Bruce Godfrey et al. Enterprise Budget: Feeder Cattle Operation http://digitalcommons.usu.edu/appecon_facpub/1192 http://digitalcommons.usu.edu/appecon_facpub/1192 Thu, 19 Apr 2012 12:50:03 PDT E. Bruce Godfrey et al.