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the most important ethanol markets – Brazil and the USA. For both of these markets we show that the long-run relationship … between prices of ethanol and corn (in USA) or sugar (in Brazil) is positive, strong and stable in time. Importantly, we show …
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pt. 1. Macroeconomic and distributional dimensions of energy shocks -- pt. 2. Social, local and environmental impacts of changes in the energy market -- pt. 3. The impacts of bio and alternative fuels -- pt. 4. Conclusions.
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