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The present paper studies the land use change impacts of fuels and biofuels. We test the theoretical hypothesis, which says that changes in fuel prices cause changes in land use both directly and indirectly and, because of price inter-dependencies, biofuels reinforce the land use change impacts....
Persistent link: https://www.econbiz.de/10009283190
This is the first paper that estimates the global land use change impact of growth of the bioenergy sector. Applying time-series analytical mechanisms to fuel, biofuel and agricultural commodity prices and production, we estimate the long-rung relationship between energy prices, bioenergy...
Persistent link: https://www.econbiz.de/10010763979
U.S. retail food price increases in recent years may seem large in nominal terms, but after adjusting for inflation have been quite modest even after the change in U.S. biofuel policies in 2006. In contrast, increases in the real prices of corn, soybeans, wheat and rice received by U.S. farmers...
Persistent link: https://www.econbiz.de/10010726969
The increasing use of food commodities for biofuel production has substantial impact on prices and quantities of these and other food commodities. It is therefore likely that this trend also intensifies the competition for arable land. However, evidence for this hypothesis is generated by...
Persistent link: https://www.econbiz.de/10010860286
This paper examines the roles of futures prices of crude oil, gasoline, ethanol, corn, soybeans and sugar in the energy-grain nexus. It also investigates the own- and cross-market impacts for lagged grain trading volume and open interest in the energy and grain markets. According to the results,...
Persistent link: https://www.econbiz.de/10010837731
This article attempts to present the potential opportunities and threats for Polish economic growth in the context of exploration and future extraction of shale gas. This topic is at the present time very timely because of the implementation of the exploration wells in Pomerania and Lublin, the...
Persistent link: https://www.econbiz.de/10010741562
This paper investigates the direct and indirect impacts of ethanol production on land use, deforestation and food production. A partial equilibrium model of a national economy with two sectors and two regions, one of which includes a residual forest, is developed. It analyses how an exogenous...
Persistent link: https://www.econbiz.de/10010746560
In the absence of an infrastructure for the harvest, storage and purchase of cellulosic biomass, contracting is an important mechanism through which biorefineries can ensure adequate feedstock supply. We develop an optimization model to assess the economic potential of dedicated energy crops...
Persistent link: https://www.econbiz.de/10010752932
We present a new framework to identify supply elasticities of storable commodities where past shocks are used as exogenous price shifters. In the agricultural context, past yield shocks change inventory levels and futures prices of agricultural commodities. We use our estimated elasticities to...
Persistent link: https://www.econbiz.de/10010815513
This article attempts to present the potential opportunities and threats for Polish economic growth in the context of exploration and future extraction of shale gas. This topic is at the present time very timely because of the implementation of the exploration wells in Pomerania and Lublin, the...
Persistent link: https://www.econbiz.de/10011123027