Impacts of the Brazilian Bio-Diesel Program on the World Soybean and Soybean Products Market: An Econometric Simulation Approach

To develop a low-income region, the Brazilian Government will start a bio-diesel program in 2008. The government will provide castor beans, palm oil, sunflowers, cotton, peanuts, and soybean as the raw materials for bio-diesel production. Because of their favorable production costs and production levels, soybean have certain advantages over other crops in the production of bio-diesel. Our study is the first to evaluate the impact the Brazilian bio-diesel program will have on the domestic soybean and soybean products markets, by applying a newly developed world soybean and soybean products model. Our simulation suggests moderate impacts on the world soybean and soybean products markets.


Issue Date:
2008
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/242135
Published in:
Japanese Journal of Rural Economics, Volume 10
Page range:
12-32
Total Pages:
21




 Record created 2017-04-01, last modified 2017-08-29

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