INCORPORATING BIOFUELS INTO A PARTIAL EQUILIBRIUM MODEL OF THE EU AGRICULTURAL SECTOR

dc.creatorBinfield, Julian C.R.
dc.creatorWesthoff, Patrick C.
dc.creatorLe Cadre, Elodie
dc.date2017-04-01T14:34:06Z
dc.date.accessioned2026-07-09T02:48:29Z
dc.descriptionThe impact of increased consumption of biofuels on agricultural markets has already been substantial, and will increase further as countries around the world seek to expand the proportion of their energy that they get from renewable sources. Models of the agricultural sector must therefore include some consideration of the demand for agricultural products for biofuels and the byproducts that are produced as part of the production process that are returned to the agricultural sector. In this paper the method of introducing biofuels into the FAPRI GOLD (grains, oilseeds, livestock and dairy) model is discussed. A scenario is run whereby the EU is assumed to introduce a binding 10% target by 2020 and the results are discussed in order to illustrate the workings of the model. The modelling effort is ongoing and planned work is discussed. The aim of the paper is to highlight major issues in building a model of this type.
dc.identifierdoi:10.22004/ag.econ.6680
dc.identifierhttps://ageconsearch.umn.edu/record/6680/files/cp08bi01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/6680
dc.identifier.urihttp://hdl.handle.net/123456789/520423
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/6680
dc.titleINCORPORATING BIOFUELS INTO A PARTIAL EQUILIBRIUM MODEL OF THE EU AGRICULTURAL SECTOR
dc.typeText

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