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...