Ethanol Trade Policy and Global Biofuel Mandates

Betina Dimaranan and David Laborde Debucquet

No 126869, 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil from International Association of Agricultural Economists

Abstract: The impacts of the biofuel mandates in the EU and the US on agricultural markets and on the environment are assessed under three trade scenario assumptions using a global general equilibrium model. The study finds that while the biofuel mandates will result in important adjustments in global agricultural markets sector, it will generally be beneficial for the agricultural sector and farm producers, as well as on the environment in terms of reduced CO2 emissions. These benefits are further enhanced if the mandate policies are accompanied by liberalization in ethanol trade.

Keywords: Agricultural and Food Policy; Environmental Economics and Policy; International Relations/Trade (search for similar items in EconPapers)
Pages: 31
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae12:126869

DOI: 10.22004/ag.econ.126869

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