Drabik, Dusan; de Gorter, Harry; Just, David R. - Agricultural and Applied Economics Association - AAEA - 2010
We show how leakage differs, depending on the biofuel policy and market conditions. Carbon leakage is shown to have two … components: a market leakage effect and an emissions savings effect. We also distinguish domestic and international leakage and … show how omitting the former like the IPCC does can bias leakage estimates. International leakage is always positive, but …