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Fossil-fuels, bio-fuels and food: Raking priorities

Author

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  • Dias, Guilherme Leite da Silva
  • Guilhoto, Joaquim José Martins

Abstract

This paper deals with the question of the trade-offs between bio-fuels, fossil-fuels, and food. To do so an analysis is conducted taking into consideration the differences in relative prices and in the productive structure among the countries. The results shows that in general food puts a greater stress over the economies than energy does, and mainly in the developing economies. As a consequence of that, the possibilities for the growing use of bio-fuels is limited and restrict to countries where it is possible to have an expansion of bio-fuel production without compromising the production of food and without putting more stress over the environment. This, by its turn, restricts the possibilities for a world policy of bio-fuels with the consequence that bilateral agreements would be the dominant ones.

Suggested Citation

  • Dias, Guilherme Leite da Silva & Guilhoto, Joaquim José Martins, 2010. "Fossil-fuels, bio-fuels and food: Raking priorities," MPRA Paper 30733, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:30733
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    References listed on IDEAS

    as
    1. Norihiko Yamano & Nadim Ahmad, 2006. "The OECD Input-Output Database: 2006 Edition," OECD Science, Technology and Industry Working Papers 2006/8, OECD Publishing.
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    More about this item

    Keywords

    Fossil-Fuels; Bio-Fuels; Food; Productive Structure; Input-Output;
    All these keywords.

    JEL classification:

    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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