Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 455453
Title Dynamic and Static Behaviour with Respect to Energy Use and Investment of Dutch Greenhouse Firms
Author(s) Verreth, D.M.I.; Emvalomatis, G.; Bunte, F.H.J.; Oude Lansink, A.G.J.M.
Source Environmental and Resource Economics 61 (2015)4. - ISSN 0924-6460 - p. 595 - 614.
Department(s) Business Economics
Publication type Refereed Article in a scientific journal
Publication year 2015
Keyword(s) adjustment costs - agriculture - industry - scale - model
Abstract Dutch greenhouse horticulture firms are energy-intensive and major emitters of greenhouse gases. This paper develops a theoretically consistent model that is able to describe the greenhouse firms’ behaviour regarding energy use and investments in energy technology. The behaviour of the firm is modelled using a combination of a dynamic cost function and a static profit function framework. The optimal quantity of energy is derived from the link between these two functions. The model is applied to a panel of 97 Dutch greenhouse firms over the period 2001–2008. The results show that most Dutch greenhouse firms shift from being net electricity users to net electricity producers in the long term. Investing in energy capital contributes to reducing net energy use, however it increases the quantity of carbon dioxide emissions due to an increase in electricity production. A 1 % increase of the price of gas reduces carbon dioxide emissions by 1.6 %.
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