Impacts of the Brazilian Ethanol Program on the World Ethanol and Sugar Market: An Econometric Simulation Approach

Tatsuji Koizumi and Koji Yanagishima

Japanese Journal of Agricultural Economics (formerly Japanese Journal of Rural Economics), 2005, vol. 07, 17

Abstract: The sugar market in Brazil is closely related to the ethanol market. Although the Brazilian government has abolished all sugar market intervention measures, it still retains control over the ethanol-gasoline blend ratio. In this study, we investigate the implications of a change in this blend ratio on the world ethanol and sugar markets－particularly in terms of production, consumption, exports and imports－by applying a newly developed World Ethanol-Sugar Market Model. Our simulation suggests moderate impacts on world ethanol and sugar markets.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:jpjjre:242149

DOI: 10.22004/ag.econ.242149

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