Showing 1 - 10 of 138
This study develops a theoretical general equilibrium model to examine optimal externality tax policy in the presence of externalities linked to one another through markets rather than technical production relationships. Analytical results reveal that the second-best externality tax rate may be...
Persistent link: https://www.econbiz.de/10013316127
It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...
Persistent link: https://www.econbiz.de/10012963589
Recent contributions have questioned whether biofuels policies actually lead to emissions reductions, and thus lower climate costs. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard. Opposed to most previous studies we...
Persistent link: https://www.econbiz.de/10013315823
RFS on world food prices and their impact on household level consumption and wage incomes in India. We first develop a … partial equilibrium model to estimate the effect of the RFS on the price of selected food commodities - rice, wheat, corn …, sugar and meat and dairy, which together provide almost 70% of Indian food calories. Our model predicts that world prices …
Persistent link: https://www.econbiz.de/10013315870
. Biofuels have been blamed universally for recent increases in world food prices. Many studies have shown that these energy … mandates in the US and EU may have a large (30-60%) impact on food prices. In this paper we show that demand-side effects - in … much of a role in raising food prices as biofuel policy. By specifying a Ricardian model with differential land quality, we …
Persistent link: https://www.econbiz.de/10013315897
This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...
Persistent link: https://www.econbiz.de/10013316243
We analyse the determination of taxes on harmful goods when consumers have self-control problems. We show that under reasonable assumptions, the socially optimal corrective tax exceeds the average distortion caused by self-control problems. Further, we analyse how individuals with self-control...
Persistent link: https://www.econbiz.de/10013159702
the importing country. We examine how the risk of rejection at European borders is affecting Chinese agri-food exporters …
Persistent link: https://www.econbiz.de/10012993696
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss … averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a … complementarity between the price of food in international markets and export policy. Specifically, unilateral actions by exporting …
Persistent link: https://www.econbiz.de/10013315923
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically that geographical variations in the natural return to agricultural investment have had a persistent effect on the distribution of time preference...
Persistent link: https://www.econbiz.de/10013026692