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Global Implications of U.S. Biofuels Policies in an Integrated Partial and General Equilibrium Framework AgEcon
Birur, Dileep K.; Beach, Robert H.; Hertel, Thomas W.; McCarl, Bruce A..
With the increasing research interests in biofuels, global implications of biofuels production have been generally examined either in a partial equilibrium (PE) or general equilibrium (GE) frameworks. Though both of these approaches have unique strengths, they also suffer from many limitations due to complexity of addressing all the relevant aspects of biofuels. In this paper we have exploited the strengths of both PE and GE approaches for analyzing the economic and environmental implications of the U.S. policies on corn-ethanol and biodiesel production. In this study, we utilize the Forest and Agricultural Sector Optimization Model (FASOMGHG: Adams et al. 1996, 2005; Beach et al. 2009), a non-linear programming, PE model for the United States. We also use...
Tipo: Conference Paper or Presentation Palavras-chave: Biofuels; Indirect land use change; Land use emissions; Partial Equilibrium; Computable General Equilibrium; Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61812
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Biofuels and their By-Products: Global Economic and Environmental Implications AgEcon
Thaeripour, Farzad; Hertel, Thomas W.; Tyner, Wallace E.; Beckman, Jayson F.; Birur, Dileep K..
The biofuel industry has been rapidly growing around the world in recent years. Several papers have used general equilibrium models and addressed the economy-wide and environmental consequences of producing biofuels at a large scale. They mainly argue that since biofuels are mostly produced from agricultural sources, their effects are largely felt in agricultural markets with major land use and environmental consequences. In this paper, we argue that virtually all of these studies have overstated the impact of liquid biofuels on agricultural markets due to the fact that they have ignored the role of by-products resulting from the production of biofuels. Feed by-products of the biofuel industry, such as Dried Distillers Grains with Solubles (DDGS) and...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy; Environmental Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/6452
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ANALYZING TRADE IMPLICATIONS OF U.S. BIOFUELS POLICIES IN A GENERAL EQUILIBRIUM FRAMEWORK AgEcon
Birur, Dileep K.; Beach, Robert H..
As the biofuels are emerging as promising alternative transportation fuels across the world, they also offer huge potential for international trade in biofuels. A number of trade barriers such as import tariffs and domestic support have limited the scope for trade in biofuels. The purpose of this study is to analyze the implications of U.S. biofuel mandates, subsidies and import tariffs on global trade and welfare. We utilize the GTAP-BIO model, which was developed as a customized version of the Global Trade Analysis Project (GTAP) model capable of analyzing domestic and trade policy issues associated with biofuels (Birur, 2010). We supplement this model with updated and detailed sectoral level information on feedstock crops, different types of first and...
Tipo: Conference Paper or Presentation Palavras-chave: Biofuels; Computable General Equilibrium; Land use change; Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/103996
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Biofuels for all? Understanding the Global Impacts of Multinational Mandates AgEcon
Hertel, Thomas W.; Tyner, Wallace E.; Birur, Dileep K..
The recent rise in world oil prices, coupled with heightened interest in the abatement of greenhouse gas emissions, has led to a sharp increase in domestic biofuels production around the world. Previous authors have devoted considerable attention to the impacts of these policies on a country-by-country basis. However, there are also strong interactions among these programs, as they compete in world markets for feedstocks and ultimately for a limited supply of global land. In this paper, we evaluate the interplay between two of the largest biofuels programs, namely the renewable fuel mandates in the US and the EU. We examine how the presence of each of these programs influences the other, and also how their combined impact influences global markets and...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/6526
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The Economy-wide Greenhouse Gas Impacts of the Biofuels Boom (or Bust) AgEcon
Birur, Dileep K.; Golub, Alla A.; Hertel, Thomas W.; Rose, Steven K..
Several studies in the recent past have offered a contrasting and wide range of perspectives on economic and environmental implications of biofuels. In this study we develop a comprehensive and consistent framework for analyzing the global economic interactions and the direct and indirect impacts of biofuels production on greenhouse gas (GHG) emissions. We utilize a global Computable General Equilibrium (CGE) model which consists of interaction of energy commodities with explicit biofuels and their by-product sectors, land endowment classified by agro-ecological zones, and emission of four major GHGs - carbon dioxide, methane, nitrous oxide, fluorinated gases from agricultural and economic activities, including emissions associated with biofuel feedstock,...
Tipo: Conference Paper or Presentation Palavras-chave: Biofuels; Renewable Energy; Computable General Equilibrium (CGE); Agro Ecological Zones (AEZs); Land use change; Greenhouse Gas Emission.; Environmental Economics and Policy; International Relations/Trade; Land Economics/Use; Resource /Energy Economics and Policy; C68; Q18; Q42; R14.
Ano: 2009 URL: http://purl.umn.edu/49473
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A DYNAMIC GENERAL EQUILIBRIUM ANALYSIS OF U.S. BIOFUELS PRODUCTION AgEcon
Beach, Robert H.; Birur, Dileep K.; Davis, Lauren M.; Ross, Martin T..
With the rising global interest in energy security and climate change mitigation, biofuels have gained the prominent attention of researchers and policy makers. The U.S. has emerged as the leading producer of biofuels and is aiming for achieving a target of 36 billion gallons of renewable fuels by 2022 under its updated renewable fuels standard (RFS2) policy. In this paper, we study the longer-term global implications of large-scale renewable fuels production in the U.S. We utilize the GTAP v7.1 data base and introduce a detailed breakdown of agricultural crops, first and second generation biofuels and by-products. We update this fully disaggregated data base to reflect the 2010 global economy, based on secondary data for the sectors and regions included....
Tipo: Conference Paper or Presentation Palavras-chave: ADAGE; Biofuels; Computable General Equilibrium; Recursive Dynamic; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/103965
Registros recuperados: 6
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