The adoption of energy crops may generate significant benefits from reduced foreign energy dependence, improved rural economies, and achieved environmental goals. Nevertheless, important issues arise, as these crops are strongly competed by other, presumably more standard, uses of farmland and their choice will be restrictive, unless profit becomes a powerful motive for farmers. The abolishment of specific policies supporting first generation biofuels gives rise to the question whether the tactic of bioenergy land use change is just to be abandoned by European farmers. The present paper endeavours to evaluate the reduction in income volatility in the case of the rapeseed energy crop, a cultivation extensively used in biofuels in the European Union, employing the concept of entropy. The results provide a vague picture regarding the limitations in rapeseed income volatility among the European member states. Consequently, the issue of income uncertainties as a determinant of bioenergy cropland demand has been left pending. The innovation of the study lies in the use of entropy concept and the Kapetanios and Shin unit root test in the case of income volatility for energy crops in the European context. The estimation of the random components with the assistance of auto-regressive integrated mean average models may provide a tool for confining income uncertainties with the assistance of other policy schemes, including insurances, within the Common Agricultural Policy.
Journal of Cleaner Production – Elsevier
Published: May 20, 2016
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.
All for just $49/month
Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.
Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.
It’s easy to organize your research with our built-in tools.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera