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Capturing Dynamic Linkages Between Agriculture and Energy in Biofuel Assessment: The Case of Iowa

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Abstract

The expansion of biofuel production brought about a significant change in the dynamics between agriculture and energy. In the past, energy prices influenced the agricultural sector primarily through agricultural commodity production and transportation costs. Now, because of biofuels, the energy sector impacts the agricultural sector through feedstock demand and prices; and conversely, the agricultural sector now impacts energy prices through its competition in the transportation energy sector. In the past, studies analyzed the impact of biofuel production on agricultural and energy markets separately without accounting for sector feedback. However, in analyzing the impact of biofuels, the interconnectedness between the agricultural and energy sectors should not be ignored.

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  • Amani Elobeid, 2015. "Capturing Dynamic Linkages Between Agriculture and Energy in Biofuel Assessment: The Case of Iowa," Center for Agricultural and Rural Development (CARD) Publications apr-spring-2015-2, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:cpaper:apr-spring-2015-2
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    1. Thompson, Wyatt & Whistance, Jarrett & Meyer, Seth, 2011. "Effects of US biofuel policies on US and world petroleum product markets with consequences for greenhouse gas emissions," Energy Policy, Elsevier, vol. 39(9), pages 5509-5518, September.
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    3. Secchi, Silvia & Kurkalova, Lyubov A. & Gassman, Philip W. & Hart, Chad E., 2011. "Land Use Change in a Biofuels Hotspot: The Case of Iowa, Usa," Staff General Research Papers Archive 32452, Iowa State University, Department of Economics.
    4. Rebecca S. Dodder & Amani Elobeid & Timothy L. Johnson & P. Ozge Kaplan & Lyubov A. Kurkalova & Silvia Secchi & Simla Tokgoz, 2011. "Environmental Impacts of Emerging Biomass Feedstock Markets: Energy, Agriculture, and the Farmer," Center for Agricultural and Rural Development (CARD) Publications 11-wp526, Center for Agricultural and Rural Development (CARD) at Iowa State University.
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