Hochman, Gal; Rajagopal, Deepak; Zilberman, David - In: Applied Economic Perspectives and Policy 33 (2011) 3, pp. 402-427
This paper derives a method to quantify the impact of biofuels on fuel markets, assuming that these markets are dominated by a cartel of oil-rich countries and that fuel prices in these countries are significantly lower than those in the rest of the world. We identify large differences between...
