@article{Vinyes:332230,
      recid = {332230},
      author = {Vinyes, Cristina and Roe, Terry},
      title = {Growth of the Brazilian biofuel sector: an inter-temporal  general equilibrium analysis},
      address = {2012},
      pages = {55},
      year = {2012},
      note = {Presented at the 15th Annual Conference on Global Economic  Analysis, Geneva, Switzerland},
      abstract = {In order to enhance energy security and independence,  Brazil has supported the production and use of ethanol.  Brazilís leadership in this market reveals complex  inter-linkages between ethanol, sugarcane, sugar and fossil  fuels. These sectors have been growing an average of 14%  per year, while the countryís growth rates have been very  modest. This paper presents a theoretical framework for  understanding the interaction between Brazilís economic  growth and the evolution of these sectors as the economy  transitions toward long-run equilibrium. Then, the  sensitivity of these results is analyzed under two  simulations; Örst, a reduction of the cost of Önancial  intermediation (which the literature identiÖes as one of  the factors a§ecting Brazilís growth), and second, an  increase in ethanol prices by 2.6%, based on the  expectation that biofuelsíworld demand is increasing.},
      url = {http://ageconsearch.umn.edu/record/332230},
}