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The status of biofuel farming marketing opportunities in the Mid-Atlantic United States
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Ramos Acosta, Maria Del Pilar. The status of biofuel farming marketing opportunities in the Mid-Atlantic United States. Retrieved from https://doi.org/doi:10.7282/t3-5arj-n677

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TitleThe status of biofuel farming marketing opportunities in the Mid-Atlantic United States
NameRamos Acosta, Maria Del Pilar (author); Govindasamy, Ramu (chair); Hochman, Gal (internal member); Vellangany, Isaac (internal member); Rutgers University; School of Graduate Studies
Date Created2021
Other Date2021-01 (degree)
SubjectBiofuel farming, Market, Willingness to pay, Premium, Food and Business Economics
Extent1 online resource (vi, 61 pages) : illustrations
DescriptionThe current market for biofuel farming in agriculture is growing with consumers’ demands for green energy. However, some biofuels still have higher production costs than fossil fuels, which hinders consumers’ economic attraction to the market. Switchgrass is a summer perennial grass native to North America that is emerging as an advanced biofuel. Using switchgrass as a form of biofuel farming offers the crop production market higher biomass yield, lower carbon dioxide emissions, the ability to withstand wet and dry environments, and poor soils—ultimately lowering farmers’ crop production costs and consumers’ retail prices. This study examined the prospects of biofuel as a source of farming in the food market by using data collected from a survey of 1,200 participants from the Mid-Atlantic United States. The factors analyzed include consumers’ opinion on whether agricultural chemicals are hazardous to the environment, consumers’ consideration of alternative fertilizer use, and price condition for willingness to use biofuel from switchgrass, as well as demographic characteristics, such as living community, ethnicity, income level, education level, and state of residence. Three econometric logit models were used to predict the factors influencing consumers’ willingness to purchase biofuel farmed commodities, where all variables were statistically significant except consumers’ opinion on hazardous chemicals. The study found that consumers are most willing to purchase biofuel farmed commodities under lower premiums with economic support and a stable biofuel job market to replace the fossil fuel industry.
NoteM.S.
NoteIncludes bibliographical references
Genretheses, ETD graduate
Persistent URLhttps://doi.org/doi:10.7282/t3-5arj-n677
LanguageEnglish
CollectionSchool of Graduate Studies Electronic Theses and Dissertations
Organization NameRutgers, The State University of New Jersey
RightsThe author owns the copyright to this work.
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