Will EU biofuel policies affect global agricultural markets?
Martin Banse (),
Hans Meijl (),
Andrzej Tabeau and
Geert Woltjer ()
European Review of Agricultural Economics, 2008, vol. 35, issue 2, 117-141
This article assesses the implications of the EU Biofuels Directive (BFD) using a computable general equilibrium framework with endogenous land supply. The results show that, without policy intervention to stimulate the use of biofuel crops, the targets of the BFD will not be met. With the BFD, the enhanced demand for biofuel crops has a strong impact on agriculture globally and within Europe, leading to an increase in land use. On the other hand, the long-term declining trend in real agricultural prices may slow down or even reverse. Oxford University Press and Foundation for the European Review of Agricultural Economics 2008; all rights reserved. For permissions, please email email@example.com, Oxford University Press.
References: Add references at CitEc
Citations: View citations in EconPapers (98) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:oup:erevae:v:35:y:2008:i:2:p:117-141
Ordering information: This journal article can be ordered from
Access Statistics for this article
European Review of Agricultural Economics is currently edited by Christoph Weiss, Thomas Heckelei and Paolo Sckokai
More articles in European Review of Agricultural Economics from Foundation for the European Review of Agricultural Economics Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().