Work

Land Allocation Effects of the Global Ethanol Surge: Predictions from the International FAPRI Model

Year: 2010

Type: article

Abstract: We quantify the emergence of biofuel markets and its impact on world agriculture using the multimarket, multicommodity international FAPRI model. The model incorporates trade-offs between biofuel, feed, and food production and consumption and international feedback effects of the emergence through world prices and trade. We shock the model with exogenous changes in ethanol demand, first in the United States, then in Brazil and other countries, and compute shock multipliers for land allocation decisions for important crops and countries. The Brazilian ethanol expansion using sugarcane has fewer consequences on existing arable land allocation than the U.S. ethanol expansion does using corn feedstock. (JEL Q17, Q42)

Source: Land Economics

DOI: 10.3368/le.86.4.687

Authors: Jacinto F. Fabiosa, John C. Beghin, Fengxia Dong, Amani Elobeid, Simla Tokgoz, Tun-Hsiang Yu

Institutions: Iowa State University, Institut National de la Recherche Agronomique, International Food Policy Research Institute, University of Tennessee at Knoxville

Language: English

Topic: Economics of Agriculture and Food Markets

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Zero hunger, Climate action

Open Access status: green

OpenAlex ID: W1497709189

FWCI: 32.5

Cites: 24

Cited by: 90

Related to: 10