Impact of Energy Markets on the EU Agricultural Sector, The

作者: Simla Tokgoz

DOI:

关键词: Shock (economics)AgricultureBiofuelAgricultural economicsInternational tradeFood pricesEconomicsCommercial policyLiberalizationOil-storage tradeConsumption (economics)

摘要: The objective of this study is to analyze the impact crude oil prices on EU agricultural sector in an era when biofuels expanding because policy initiatives and desire find alternative fuel sources. To end, first a baseline set up for ethanol, grain, dried distillers grains markets. In next step, two different scenarios are run. scenario incorporates 10-Euros-per-barrel increase price with ethanol import tariffs place. second same shock removed. scenario, higher consumption, production, therefore grain prices. trade liberalisation larger than price. So, decline despite expansion consumption. If there were high enough shock, which would affect market more liberalisation, net feed, food from be mitigated by increased liberalisation. shows that energy increasing emergence sector. It also illustrates importance responding

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