In the context of ever-increasing petroleum prices combined with concerns about climate change, timing of adoption and rate of diffusion of land-based fuels and backstop technologies for transportation use are examined in this paper. A global model of land allocation joined with a Hotelling...

The paper presents an extended gravity equation application for the global trade with ethanol. The background and different attempts for a theoretical foundation of the standard approach are discussed. The econometric work takes regional integration schemes into account, as well as the influence...

The EU bioethanol market has irrevocably entered the new era inaugurated by the Biofuels Directive. Most of the governments have decided to introduce mandatory ethanol blending into fuels to demonstrate their continuing political support for renewable energy sources and to encourage industry to...

Replaced with revised version of paper 07/18/10.

The economic and land use consequences of US biofuel programs and their contributions to GHG emissions have been the focal point of many debates and research studies in recent years. However, most of these studies focused on the land use emissions due to the first generation of biofuels such as...

This paper applies the insights of the carbon leakage literature to study the emissions consequences of biofuel policies. We develop a simple analytic framework to decompose the intended emissions impacts of biofuel policy from four sources of carbon leakage: domestic fuel markets, domestic land...

Biofuel expansion efforts and climate mitigation policy could fundamentally alter land management trends in U.S. agriculture and forestry (AF) by mandating biofuel feedstock production and providing incentives for greenhouse gas (GHG) emissions reduction and carbon sequestration from terrestrial...

This paper analyses the economics of biofuel production and the implications that the accelerating growth in biofuel production in many countries could have on agricultural markets. It shows that production costs of ethanol and biodiesel differ significantly across countries and feedstock crops....

As a result of the increase in the real cost of fossil fuel-based energy in recent years, federal and state governments have taken a more active role in energy policy by creating incentives to develop alternative sources of energy, including biofuels. However, policymakers often become focused...

Current research evaluating biofuels policies focuses primarily on market-economic criteria. While it is widely acknowledged that both the economic and environmental, and social aspects of biofuels policy must all be balanced with each other in the process of developing a viable biofuels policy,...