Volatile output prices lead to a fluctuating shadow price (profitability) of agricultural land, and therefore may impact land use decisions in case of risk-averse behaviour. In this paper we assess the effect of volatile agricultural output prices on agricultural land-use change over the past decade
Second-generation biofuels that produce biomass for combustion or ethanol production do not yet appear to be a viable alternative to agriculture as they are low-value products. This may change, however, when energy prices increase and their production is combined with the provision of other services
The use of science-based tools for impact assessment has increasingly gained focus in addressing the complexity of interactions between environment, society, and economy. For integrated assessment of policies affecting land use, an analytical framework was developed. The aim of our work was to apply
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