Evaluating Economic Feasibility of Bio-ethanol Production Using Fallow Fields
2009
Lee, J.I. (Kangwon National University, Chuncheon, Republic of Korea) | Choi, H.J. (For Agricultural Consulting Co., Ltd., Seoul, Republic of Korea) | Jung, H.D. (For Agricultural Consulting Co., Ltd., Seoul, Republic of Korea) | Choi, Y.S. (For Agricultural Consulting Co., Ltd., Seoul, Republic of Korea), E-mail: [email protected]
This study attempts to evaluate economic feasibility of domestic bio-ethanol production based on fallow fields. The results suggest that barley for paddy fields and corn and sweet potato for dry fields are the most suitable domestically-produced feedstocks for bio-ethanol production because of their relatively low input crop costs. Suppose those feedstocks are produced in fallow fields, total bio-ethanol production is estimated at 8,600 (barley)~29,100 tons (sweet potato), depending on feedstocks. Then, evaluating economic inducement effects from bio-ethanol production based on fallow fields, its production inducement effects would be 91 billion won (barley)~508 billion won (sweet potato) and its employment inducement effect would be 4,100 (barley)~17,900 heads (sweet potato), depending on feedstocks.
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