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Title: Impact of EU Biofuel Policies on World Agricultural and Food Markets
Authors: Banse, Martin
van Meijl, Hans
Tabeau, Andrzej A.
Woltjer, Geert B.
Authors (Email): Banse, Martin (
Keywords: Biofuels
EU biofuel directive
agricultural markets
Computable General Equilibrium modeling
Issue Date: 2008
Series/Report no.: Contributed Paper
Abstract: This paper assesses the global and sectoral implications of the EU biofuels directive in a multi-region computable general equilibrium framework. Our results show that without mandatory blending or subsidies to stimulate the use of biofuel crops in the petroleum sector the targets of the EU Biofuel directive will not the reached in 2010. With mandatory blending the enhanced demand for biofuel crops has a strong impact on agriculture at the global and European level. The additional demand from the energy sector might slow down or reverse the long term process of declining agricultural prices.
Institution/Association: European Association of Agricultural Economists>107th Seminar, January 30-February 1, 2008, Sevilla, Spain
Total Pages: 29
Collections:107th Seminar, January 30-February 1, 2008, Sevilla, Spain

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