Dynamic impacts of high oil prices on the bioethanol and feedstock markets
作者： Kyung Soo Cha , Jeong Hwan Bae
DOI: 10.1016/J.ENPOL.2010.10.049
关键词:
摘要: This study investigates the impacts of high international oil prices on bioethanol and corn markets in US. Between 2007 2008, major grain crops had increased sharply, reflecting rise prices. These dual price shocks caused substantial harm to global economy. Employing a structural vector auto-regression model (SVAR), we analyze how increases could impact demand for corn, which is used as feedstock The results indicate that an increase would short run stabilize long exports decline. Consequently, policies supporting biofuels should encourage use co-products feed development marginal land mitigate price.
cabdirect.org
elsevier.com
sci-hub.se 参考文章(30)
William Teng, Richard de Jeu, Paul Doraiswamy, Iliana Mladenova, Harlan Shannon, Steve Kempler, IMPROVING WORLD AGRICULTURAL SUPPLY AND DEMAND ESTIMATES BY INTEGRATING NASA REMOTE SENSING SOIL MOISTURE DATA INTO USDA WORLD AGRICULTURAL OUTLOOK BOARD DECISION MAKING ENVIRONMENT AGU Fall Meeting Abstracts. ,vol. 2009, ,(2009)
Satish V. Joshi, John N. Ferris, EVALUATING THE IMPACTS OF AN INCREASE IN FUEL-ETHANOL DEMAND ON AGRICULTURE AND THE ECONOMY Research Papers in Economics. ,(2004)
Simla Tokgoz, Amani E. Elobeid, An analysis of the link between ethanol, energy, and crop markets. Research Papers in Economics. ,(2006)
Steven Zahniser, Allen Baker, Ethanol Reshapes the Corn Market Amber Waves. ,vol. 4, pp. 30- 35 ,(2006)
Jacinto F. Fabiosa, John C. Beghin, Simla Tokgoz, Amani E. Elobeid, Tun-Hsiang Yu, Chad E. Hart, Dermot J. Hayes, Fengxia Dong, Bruce A. Babcock, Emerging Biofuels: Outlook of Effects on U.S. Grain, Oilseed, and Livestock Markets American Journal of Agricultural Economics. ,(2007)
Judith Gurney, British Petroleum Company, BP Statistical Review of World Energy Journal of Policy Analysis and Management. ,vol. 4, pp. 283- ,(1985) , 10.2307/3324639
Dmitry Vedenov, Michael Wetzstein, Toward an optimal U.S. ethanol fuel subsidy Energy Economics. ,vol. 30, pp. 2073- 2090 ,(2008) , 10.1016/J.ENECO.2007.02.004
Christopher A. Sims, Harald Uhlig, UNDERSTANDING UNIT ROOTERS: A HELICOPTER TOUR Econometrica. ,vol. 59, pp. 1591- 1599 ,(1991) , 10.2307/2938280
M.W. Thring, World Energy Outlook Electronics and Power. ,vol. 23, pp. 329- ,(1977) , 10.1049/EP.1977.0180
Harald Uhlig, What are the effects of monetary policy on output? Results from an agnostic identification procedure Journal of Monetary Economics. ,vol. 52, pp. 381- 419 ,(2005) , 10.1016/J.JMONECO.2004.05.007