With the shift from petroleum-based to biomass-based economies, global biomass demand and trade is growing. This trend could become a threat to food security. Though rising concerns about sustainability aspects have led to the development of voluntary certification standards to ensure that...

We assess the fuel-food price linkage models of the structural and of the time series nature with the main attention devoted to the time series literature. We document shifting focus from a straightforward vector autoregressive and error-correction analysis of fuel-food commodity price level...