Work

Biofuel policies and food grain commodity prices 2006-2012: all boom and no bust?

Year: 2013

Type: article

Abstract: Biofuels policies have a large impact on food-grain commodity prices, first and foremost by linking biofuel prices to feedstock prices. The multiplier effect of higher biofuel prices on feedstock prices is shown to be very large (about 4) and the biofuel price premiums due to biofuel policies are also very high (above the tax credits) compared to what the biofuel price would have been otherwise. This has important implications for future energy, environmental, and agricultural policies, and for food-grain commodity prices.

Authors: Harry de Gorter, Dušan Drábik, David R. Just

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, Affordable and clean energy

Open Access status: green

OpenAlex ID: W2103148578

FWCI: 21

Cites:

Cited by: 52

Related to: 10