IDEAS home Printed from https://ideas.repec.org/p/ags/catptp/51096.html
   My bibliography  Save this paper

The Effects of Biofuels Policies on Global Commodity Trade Flows

Author

Listed:
  • Fridfinnson, Brooke
  • Rude, James

Abstract

In terms of the global situation, trade is biofuels is small relative to world-wide production; however, given ambitious consumption mandates in many developed countries as well as increasing energy consumption, this will not likely remain the case in the long-run. Although biodiesel has been classified as an industrial good, ethanol is currently marketed as an agricultural product, though not specifically for fuel use. The removal of trade barriers, particularly in the developed countries, would not only ease pressure on the traditional feedstocks and lower world ethanol prices, but allow countries with a comparative advantage to capitalize on the opportunity to produce low-cost biofuel. Whether the removal of these trade barriers on biofuels would affect their efficacy as a political tool remains to be seen.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Fridfinnson, Brooke & Rude, James, 2009. "The Effects of Biofuels Policies on Global Commodity Trade Flows," Trade Policy Briefs 51096, Canadian Agricultural Trade Policy Research Network.
    • Handle: RePEc:ags:catptp:51096
    DOI: 10.22004/ag.econ.51096
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/51096/files/TPB-09-01%20-%20Fridfinnson.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.51096?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
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Amani Elobeid & Simla Tokgoz, 2006. "Removal of U.S. Ethanol Domestic and Trade Distortions: Impact on U.S. and Brazilian Ethanol Markets," Center for Agricultural and Rural Development (CARD) Publications 06-wp427, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    2. Oecd, 2006. "Agricultural Market Impacts of Future Growth in the Production of Biofuels," OECD Papers, OECD Publishing, vol. 6(1), pages 1-57.
    Full references (including those not matched with items on IDEAS)

    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. Fapri, 2007. "Economic Impacts of Not Extending Biofuels Subsidies," FAPRI-MU Report Series 42189, Food and Agricultural Policy Research Institute (FAPRI).
    2. Jacinto F. Fabiosa & John C. Beghin & Fengxia Dong & JAmani Elobeid & Simla Tokgoz & Tun-Hsiang Yu, 2010. "Land Allocation Effects of the Global Ethanol Surge: Predictions from the International FAPRI Model," Land Economics, University of Wisconsin Press, vol. 86(4), pages 687-706.
    3. Peñaranda, Francisco & Micola, Augusto, 2011. "On the drivers of commodity co-movement: evidence from biofuels," LSE Research Online Documents on Economics 119057, London School of Economics and Political Science, LSE Library.
    4. Maurice, Noemie & Davis, Junior, 2011. "Unravelling the underlying causes of price volatility in world coffee and cocoa commodity markets," MPRA Paper 43813, University Library of Munich, Germany, revised 2012.
    5. Batidzirai, B. & Smeets, E.M.W. & Faaij, A.P.C., 2012. "Harmonising bioenergy resource potentials—Methodological lessons from review of state of the art bioenergy potential assessments," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(9), pages 6598-6630.
    6. Subhayu Bandyopadhyay & Sumon Bhaumik & Howard J. Wall, 2013. "Biofuel Subsidies and International Trade," Economics and Politics, Wiley Blackwell, vol. 25(2), pages 181-199, July.
    7. Amani Elobeid & Simla Tokgoz & Dermot J. Hayes & Bruce A. Babcock & Chad E. Hart, 2006. "Long-Run Impact of Corn-Based Ethanol on the Grain, Oilseed, and Livestock Sectors: A Preliminary Assessment, The," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 06-bp49, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    8. Eggert, Håkan & Greaker, Mads & Potter, Emily, 2011. "Policies for Second Generation Biofuels: Current status and future challenges," Working Papers in Economics 501, University of Gothenburg, Department of Economics.
    9. De Lucia, Caterina & Bartlett, Mark, 2014. "Implementing a biofuel economy in the EU: Lessons from the SUSTOIL project and future perspectives for next generation biofuels," Renewable and Sustainable Energy Reviews, Elsevier, vol. 29(C), pages 22-30.
    10. Teresa Serra & David Zilberman & José Gil, 2011. "Price volatility in ethanol markets," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 38(2), pages 259-280, June.
    11. Niek Koning & Arthur Mol, 2009. "Wanted: institutions for balancing global food and energy markets," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 1(3), pages 291-303, September.
    12. Kretschmer, Bettina & Peterson, Sonja, 2010. "Integrating bioenergy into computable general equilibrium models -- A survey," Energy Economics, Elsevier, vol. 32(3), pages 673-686, May.
    13. Gunatilake, Herath & Roland-Holst, David & Sugiyarto, Guntur, 2014. "Energy security for India: Biofuels, energy efficiency and food productivity," Energy Policy, Elsevier, vol. 65(C), pages 761-767.
    14. María Blanco & Marcel Adenäuer & Shailesh Shrestha & Arno Becker, 2012. "Methodology to assess EU Biofuel Policies: The CAPRI Approach," JRC Research Reports JRC80037, Joint Research Centre.
    15. von Lampe, Martin, 2007. "Economics and agricultural market impacts of growing biofuel production," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 56(5/6).
    16. Tomoko Hasegawa & Ronald D. Sands & Thierry Brunelle & Yiyun Cui & Stefan Frank & Shinichiro Fujimori & Alexander Popp, 2020. "Food security under high bioenergy demand toward long-term climate goals," Climatic Change, Springer, vol. 163(3), pages 1587-1601, December.
    17. Danny G. Le Roy & Amani E. Elobeid & K. K. Klein, 2011. "The Impact of Trade Barriers on Mandated Biofuel Consumption in Canada," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 59(4), pages 457-474, December.
    18. Britz, Wolfgang & Heckelei, Thomas, 2008. "Recent Developments In Eu Policies – Challenges For Partial Equilibrium Models," 107th Seminar, January 30-February 1, 2008, Sevilla, Spain 6315, European Association of Agricultural Economists.
    19. Blanco, Luisa & Isenhouer, Michelle, 2010. "Powering America: The impact of ethanol production in the Corn Belt states," Energy Economics, Elsevier, vol. 32(6), pages 1228-1234, November.
    20. Eskandar Elmarzougui & Bruno Larue, 2013. "On the Evolving Relationship Between Corn and Oil Prices," Agribusiness, John Wiley & Sons, Ltd., vol. 29(3), pages 344-360, June.

    More about this item

    Keywords

    Agricultural and Food Policy; Demand and Price Analysis; International Relations/Trade;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:catptp:51096. 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/catprca.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.