EconPapers    
Economics at your fingertips  
 

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

Abstract: 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 journals.permissions@oxfordjournals.org, Oxford University Press.

Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (98) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1093/erae/jbn023 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

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
http://www.oup.co.uk/journals

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 ().

 
Page updated 2020-06-28
Handle: RePEc:oup:erevae:v:35:y:2008:i:2:p:117-141