 BIOFUEL PROGRAMS AND FARM SUPPORT: NEW TOOLS FOR OLD POLICIES?Jean-Christophe Bureau, David Tréguer () and Hugo Valin No 188081, 14th ICABR Conference, June 16-18, 2010, Ravello, Italy from International Consortium on Applied Bioeconomy Research (ICABR) Abstract: In this paper, we focus on some indirect effects of biofuel policies that have not attracted a lot of attention, in particular the linkages with agricultural policy. In brief, biofuel policies re-introduce in the agricultural policy some of the mechanisms that characterized the farm support of the 1980s. In both the European Union (EU) and the United States (US) these policies relied on market price support achieved through a set of guaranteed prices, public purchases and export programs. By creating an "artificial" demand of agricultural products for non food use, biofuel policies play a rather similar role to the ones played by former EU intervention/export subsidies policy and to the US export enhancement/target price programs. We focus on the welfare effects of current biofuel policies compared to old farm support policies, and we explore the similarities and differences. Finally, we present some empirical illustrations of the overall differentiated effects using a large scale general equilibrium model. Keywords: Environmental Economics and Policy; Farm Management; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ags:itic10:188081 Access Statistics for this paper More papers in 14th ICABR Conference, June 16-18, 2010, Ravello, Italy from International Consortium on Applied Bioeconomy Research (ICABR) Contact information at EDIRC. |
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