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However, although the renewable alcohols can be produced from agricultural byproducts (cereal straw, sugarcane bagasse) the economics are even more unfavorable given the complex manufacturing process that includes fermentation and distillation.
In all these changes, the elastic demand provided by export markets played a crucial role. Without such export possibilities, areas planted, employment, and agricultural output would have expanded less and mechanization would probably have happened more slowly. (If final demand is very inelastic, mechanization could lead to a reduction in agricultural employment even if extra land is available.) Mechanization can also be induced by labor scarcity arising out of nonagricultural demand for labor (case 2). Production costs rise because wages rise rapidly.

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However, although the renewable alcohols can be produced from agricultural byproducts (cereal straw, sugarcane bagasse) the economics are even more unfavorable given the complex manufacturing process that includes fermentation and distillation.
In all these changes, the elastic demand provided by export markets played a crucial role. Without such export possibilities, areas planted, employment, and agricultural output would have expanded less and mechanization would probably have happened more slowly. (If final demand is very inelastic, mechanization could lead to a reduction in agricultural employment even if extra land is available.) Mechanization can also be induced by labor scarcity arising out of nonagricultural demand for labor (case 2). Production costs rise because wages rise rapidly.

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