IDEAS home Printed from https://ideas.repec.org/a/ags/agreko/54988.html
   My bibliography  Save this article

Modelling the impacts of the industrial biofuels strategy on the South African agricultural and biofuel subsectors

Author

Listed:
  • Funke, Thomas
  • Strauss, P.G.
  • Meyer, Ferdinand H.

Abstract

The potential impact of the current South African industrial biofuels strategy on the economic feasibility of biofuel production in South Africa is analysed and discussed. The analysis is then taken a step further by means of a scenario to analyse the potential impacts of higher global prices on the feasibility of a local biofuel industry. The BFAP sector model, a partial equilibrium model, is used to simulate the various impacts over the period 2009 to 2017. This study shows that the incentives and commitments, as presented through the strategy, are not sufficient to get a local biofuel industry up and running and make it sustainable in the long term.

Suggested Citation

  • Funke, Thomas & Strauss, P.G. & Meyer, Ferdinand H., 2009. "Modelling the impacts of the industrial biofuels strategy on the South African agricultural and biofuel subsectors," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 48(3), pages 1-22, September.
    • Handle: RePEc:ags:agreko:54988
    DOI: 10.22004/ag.econ.54988
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/54988/files/1.%20Funke%20et%20al.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.54988?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Mitchell, Donald, 2008. "A note on rising food prices," Policy Research Working Paper Series 4682, The World Bank.
    2. Westhoff, Patrick C., 2008. "Farm Commodity Prices: Why the Boom and What Happens Now?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 23(2), pages 1-5.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pradhan, Anup & Mbohwa, Charles, 2014. "Development of biofuels in South Africa: Challenges and opportunities," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 1089-1100.
    2. Sparks, G.D. & Ortmann, Gerald F. & Lagrange, L., 2010. "An Economic Evaluation of Soybean-Based Biodiesel Production on Commercial Farms in the Soybean-Producing Regions of KwaZulu-Natal: Some Preliminary Results," 2010 AAAE Third Conference/AEASA 48th Conference, September 19-23, 2010, Cape Town, South Africa 95980, African Association of Agricultural Economists (AAAE).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Joe Dewbre & Céline Giner & Wyatt Thompson & Martin Von Lampe, 2008. "High food commodity prices: will they stay? who will pay?," Agricultural Economics, International Association of Agricultural Economists, vol. 39(s1), pages 393-403, November.
    2. Brümmer, Bernhard & Koester, Ulrich & Loy, Jens-Peter, 2008. "Tendenzen auf dem Weltgetreidemarkt: anhaltender Boom oder kurzfristige Spekulationsblase?," DARE Discussion Papers 0807, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
    3. Etienne, Xiaoli L., 2015. "Financialization of Agricultural Commodity Markets: Do Financial Data Help to Forecast Agricultural Prices?," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205124, Agricultural and Applied Economics Association.
    4. Gnansounou, Edgard, 2011. "Assessing the sustainability of biofuels: A logic-based model," Energy, Elsevier, vol. 36(4), pages 2089-2096.
    5. Sarris, A., 2009. "Factors Affecting Recent and Future Price Volatility of Food Commodities," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 44, March.
    6. Romijn, Henny A. & Caniëls, Marjolein C.J., 2011. "The Jatropha biofuels sector in Tanzania 2005-2009: Evolution towards sustainability?," Research Policy, Elsevier, vol. 40(4), pages 618-636, May.
    7. Cécile Couharde & Vincent Géronimi & Armand Taranco, 2012. "Les hausses récentes des cours des matières premières traduisent-elles l'entrée dans un régime de prix plus élevés ?," Revue Tiers-Monde, Armand Colin, vol. 0(3), pages 13-34.
    8. Dorothée Boccanfuso & Luc Savard, 2011. "The Food Crisis and its Impacts on Poverty in Senegal and Mali: Crossed Destinies," Development Policy Review, Overseas Development Institute, vol. 29(2), pages 211-247, March.
    9. repec:ebl:ecbull:v:17:y:2008:i:22:p:1-11 is not listed on IDEAS
    10. Uhl Kerstin Marit & Perekhozhuk Oleksandr & Glauben Thomas, 2019. "Russian Market Power in International Wheat Exports: Evidence from a Residual Demand Elasticity Analysis," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 17(2), pages 1-13, November.
    11. John Baffes & Tassos Haniotis, 2016. "What Explains Agricultural Price Movements?," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(3), pages 706-721, September.
    12. Lim, Steven & Teong, Lee Keat, 2010. "Recent trends, opportunities and challenges of biodiesel in Malaysia: An overview," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(3), pages 938-954, April.
    13. Haile, Mekbib G. & Kalkuhl, Matthias & Braun, Joachim von, 2013. "Inter-and intra-annual global crop acreage response to prices and price risk," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149695, Agricultural and Applied Economics Association.
    14. Jin Guo & Tetsuji Tanaka, 2019. "Determinants of international price volatility transmissions: the role of self-sufficiency rates in wheat-importing countries," Palgrave Communications, Palgrave Macmillan, vol. 5(1), pages 1-13, December.
    15. Bernardina Algieri, 2014. "A roller coaster ride: an empirical investigation of the main drivers of the international wheat price," Agricultural Economics, International Association of Agricultural Economists, vol. 45(4), pages 459-475, July.
    16. Sorda, Giovanni & Banse, Martin & Kemfert, Claudia, 2010. "An overview of biofuel policies across the world," Energy Policy, Elsevier, vol. 38(11), pages 6977-6988, November.
    17. Zhang, Dengjun & Asche, Frank & Oglend, Atle, 2014. "Ethanol and trade: An analysis of price transmission in the US market," Energy Economics, Elsevier, vol. 42(C), pages 1-8.
    18. Matteo Manera & Marcella Nicolini & Ilaria Vignati, 2012. "Returns in commodities futures markets and financial speculation: a multivariate GARCH approach," Quaderni di Dipartimento 170, University of Pavia, Department of Economics and Quantitative Methods.
    19. Tiziano Gomiero, 2015. "Are Biofuels an Effective and Viable Energy Strategy for Industrialized Societies? A Reasoned Overview of Potentials and Limits," Sustainability, MDPI, vol. 7(7), pages 1-31, June.
    20. Patel, Beena & Patel, Akash & Gami, Bharat & Patel, Pankaj, 2020. "Energy balance, GHG emission and economy for cultivation of high biomass verities of bamboo, sorghum and pearl millet as energy crops at marginal ecologies of Gujarat state in India," Renewable Energy, Elsevier, vol. 148(C), pages 816-823.
    21. Hochman Gal & Sexton Steven E & Zilberman David D, 2008. "The Economics of Biofuel Policy and Biotechnology," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 6(2), pages 1-24, December.

    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:agreko:54988. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aeasaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.