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Using an empirical model, this study provides some insights into the functioning of the oilseed-biodiesel-diesel market … complex in a large country that determines the biodiesel price, reflecting market equilibrium changes resulting from … biodiesel and oilseed feedstock prices. Higher crude oil prices increase biodiesel prices if biofuel benefits from a fuel tax …
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empirical model this study analyzes the economics of meeting the biodiesel mandate through soybean feedstock. The study finds … that meeting the biodiesel mandate with biodiesel from soybeans would reduce social welfare because the country's soybean … supply along with its capacity to convert soybean to biodiesel, as well as oil yield, soybean based biodiesel is likely to be …
Persistent link: https://www.econbiz.de/10011395781
The lack of growth in the Brazilian sugarcane-ethanol complex since the 2008 financial crisis has been blamed on policies: lower mandate, holding gasoline prices below world levels, high fuel taxes, and inadequate fuel tax exemptions for ethanol. This paper develops an empirical model of the...
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