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The Impacts of Biofuel Production on Food Prices: a review AgEcon
Gerber, Nicolas; Van Eckert, Manfred; Breuer, Thomas.
The various calculations of the impacts of biofuel production on the mid-term projections of food and agricultural commodity prices are difficult to reconcile. This is largely due to the intricate set of assumptions, the differences in the baseline scenario and in the projection horizon they are built upon. For similar reasons, studies evaluating the impact of biofuel production on food and commodity prices to date do not provide a clear consensus. Rather than discussing the merits of the different assumptions and methodologies, this paper focuses on the global trends that can be extracted from the different sources. Agreed upon by all sources is the fact that between 2005 and 2007 many agricultural commodity prices increased sharply, especially nominal...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Crop Production/Industries; Food Consumption/Nutrition/Food Safety.
Ano: 2008 URL: http://purl.umn.edu/48193
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