Showing 1 - 10 of 10
We summarize a large set of recent simulations and policy analyses based on FAPRI’s world multimarket, partial-equilibrium models. We first quantify and project the emergence of biofuel markets in US and world agriculture for the coming decade. Then, we perturb the models with incremental...
Persistent link: https://www.econbiz.de/10008500103
Sugar production and supply are managed in the United States in order to support minimum prices set by the law. The government is required to run the sugar program at no net cost to taxpayers. The sugar-to-ethanol program of the 2008 farm bill was created by the government to sell surplus sugar...
Persistent link: https://www.econbiz.de/10005007535
This paper examines the impact of ethanol expansion in the United States, brought about by higher crude oil prices, on agricultural commodity prices. Given the United States's stature as a major producer and exporter of many agricultural commodities, the resulting increase in commodity prices...
Persistent link: https://www.econbiz.de/10005441665
We quantify the emergence of biofuel markets and its impact on U.S. and world agriculture for the coming decade using the multi-market multi-commodity international FAPRI model. The model incorporates the tradeoffs between biofuel, feed, and food production and consumption and international...
Persistent link: https://www.econbiz.de/10005441844
The concept of an integrated world ethanol market refers more to a possibility than to a reality. Presently, the value of ethanol exchanged among countries is only a few billion dollars. But the possibility of trade is real in the aftermath of escalating gasoline prices and the worldwide...
Persistent link: https://www.econbiz.de/10005442095
This paper provides an overview of the economics of biofuels. It starts by describing the remarkable growth of the biofuel industry over the last decade, with emphasis on developments in the United States, Brazil and the European Union, and it identifies the driving role played by some critical...
Persistent link: https://www.econbiz.de/10010583154
We analyze the long-term impacts of large-scale expansion of biofuels on land-use change, food supply and prices, and the overall economy in various countries or regions using a multi-country, multi-sector global computable general equilibrium model augmented with an explicit land-use module and...
Persistent link: https://www.econbiz.de/10008764163
We assess the impact of a potential TTIP bilateral free trade agreement on the EU and US bio-economies (feedstock, biofuels, by-products, and related competing crops) and major trade partners in these markets. The analysis develops a multi-market model that incorporates bilateral trade flows (US...
Persistent link: https://www.econbiz.de/10011143801
Ethanol industry growth offers both opportunities and challenges. This publication explores how the growth of ethanol industry impacts animal manure management as a result of the ethanol industry in the rural farm landscape.
Persistent link: https://www.econbiz.de/10005433471
We quantify the emergence of biofuel markets and its impact on U.S. and world agriculture for the coming decade using the multi-market, multi-commodity international FAPRI (Food and Agricultural Policy Research Institute) model. The model incorporates the trade-offs between biofuel, feed, and...
Persistent link: https://www.econbiz.de/10005437435