Impacts of the Brazilian Ethanol Program on the World Ethanol and Sugar Market: An Econometric Simulation Approach

The sugar market in Brazil is closely related to the ethanol market. Although the Brazilian government has abolished all sugar market intervention measures, it still retains control over the ethanol-gasoline blend ratio. In this study, we investigate the implications of a change in this blend ratio on the world ethanol and sugar markets-particularly in terms of production, consumption, exports and imports-by applying a newly developed World Ethanol-Sugar Market Model. Our simulation suggests moderate impacts on world ethanol and sugar markets.


Keywords:
Issue Date:
2005
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/242149
PURL Identifier:
http://purl.umn.edu/242149
Published in:
Japanese Journal of Rural Economics, 07
Page range:
61-77
Total Pages:
17




 Record created 2017-04-01, last modified 2020-10-28

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