Chapter 9 Biotechnology and Biofuel

Steven E. Sexton and David Zilberman

A chapter in Genetically Modified Food and Global Welfare, 2011, pp 225-242 from Emerald Group Publishing Limited

Abstract: Purpose – To identify how agricultural biotechnology addresses the two challenges facing agriculture: to feed a world growing to 9 billion people by 2050 and to provide a liquid fuel alternative to petroleum. Design –This chapter relies on econometric modeling, a review of existing literature, and diagrammatic modeling to articulate the impact of agricultural biotechnology on food and energy markets. Findings –Agricultural biotechnology reduces the tension between food security and biofuel production. It reduces volatility in food and fuel markets and can mitigate risk to biofuel processors. Originality – The analysis is original although it relies on previous research to some extent. The analysis is compared to and contrasted with related work.

Keywords: Biofuel (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:eme:fegzzz:s1574-8715(2011)0000010014

DOI: 10.1108/S1574-8715(2011)0000010014

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