Applied Economics Journal

Applied Economics Journal

ISSN 0858-9291

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  • AEJ highlights the applications of concepts and theories to issues in micro- and macroeconomics
  • Double-blind peer review
  • Two issues a year (Jun, Dec)
  • Open access to all full-text content

Vol. 15 No. 1
Vol. 15 No. 1
A Feasibility Study of Using Physic Nut Oil to Substitute Diesel (in Thai)

Thanyarat Pattamapongsa

The energy crisis drives the attempts to seek alternative energy sources. This paper evaluates an economic feasibility of physic nut (Jatropha curcas) seeds and oil production to substitute diesel oil used in farm machineries at Ban Klongplalai village, Chainat province. The source of data is a pilot project of the allocation of suitable land in the village for physic nut production. Cost-benefit analysis is applied using interview data from the study area. The study site has suitable but limited areas for physic nut expansion. Analyzes of base case (diesel price at 25.69 baht/l) and sensitivity case (diesel price at 35 baht/l) showed economically infeasible results if the opportunity costs of labor were factored.

Keywords:   physic nut oil, cost-benefit analysis, Chainat province

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Faculty of Economics Kasetsart University :  Center for Applied Economic Research (CAER) :  Other Journals :  Thai-Journal Citation Index Centre (TCI) (TCI)

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Kasersart University Journal of Economics
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