INDUSTRIAL HEMP'S DOUBLE DIVIDEND: A STUDY FOR THE USA.
by
Dave M. Alden, John L. R. Proops and Phillip W. Gay.
July 1996
Department of Economics. University of Melbourne. Parkville Victoria
3052 Australia
ABSTRACT
The impacts on domestic industries and the quality of the environment
of permitting industrial hemp production in the United States are explored.
These impacts are modelled in three States of the World, that reflect alternative
assumptions about technology. A linear programming model of domestic textile
fibre, oil seed, pulp logs, pulp and paper industries is employed. The
objective of the model is total land use minimisation. The impact on domestic
industries of permitting industrial hemp production are substantial in
each State of the World. Economic efficiency is measured in terms of total
land use required to produce a desired level of physical output. There
appears to be a double dividend associated with allowing industrial hemp
production in each States of the World: Economic efficiency increases and
the ecological footprint of production decreases.
Request For Full Working Papers
This mail form will be sent automatically
to Department of Economics Administrative Staff and your request will be
processed. Please fill in your Details below and Click On "Send Request"
button when you are finished. Papers will be sent by post.