The Impact of the EU Biofuel Policy Reform on Agricultural and Energy Commodity Prices
| dc.creator | Ciaian, Pavel | |
| dc.creator | Drabik, Dusan | |
| dc.date | 2017-04-01T13:56:52Z | |
| dc.date.accessioned | 2026-07-09T09:48:47Z | |
| dc.description | We will build a tractable partial equilibrium model that captures the most important features of the EU biofuel, energy, and biofuel feedstock markets. We consider two representative crops: wheat and rapeseed. Wheat is used for both human consumption and ethanol production (where it yields DDGS as a co-product). Rapeseed is crushed first, yielding joint products: rapeseed oil and meal. Oil is then consumed by humans and is also used in biodiesel production; rapeseed meal is used as animal feed. Waste oil is used for second-generation biodiesel. Because the European Union imports a lot of biofuels and biofuel feedstocks, we allow for trade in these commodities. We explicitly model the multiple counting toward the overall mandate for secondgeneration biofuels produced from non-food crops. | |
| dc.identifier | doi:10.22004/ag.econ.211546 | |
| dc.identifier | https://ageconsearch.umn.edu/record/211546/files/Ciaian-The%20Price%20and%20Indirect%20Land%20Use%20Effects%20of%20the%20EU%20Biofuel%20Policy%20Reform-711.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/211546 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/612546 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/211546 | |
| dc.title | The Impact of the EU Biofuel Policy Reform on Agricultural and Energy Commodity Prices | |
| dc.type | Text |