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Rajcaniova, Miroslava; Drabik, Dusan; Ciaian, Pavel. |
Based on their theoretical predictions, Kliauga, de Gorter, and Just (2008) and de Gorter, Drabik, and Just (2010) argue that the United States and the European Union establish the world ethanol and biodiesel prices, respectively. We test these theories using cointegration analysis and the Vector Error Correction (VEC) model. Weekly price series are analyzed for the major global biofuel producers (European Union, United States, and Brazil) for the period 2002 – 2010. Polices in the United States and Brazil appear to play an equal role in determining ethanol prices in other countries, thus only partially confirming the theoretical predictions. For biodiesel, our results demonstrate that the EU mandate impacts the world biodiesel price and thus they confirm... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Biofuels; Biofuel polices; Price leadership; VEC; International Relations/Trade; Resource /Energy Economics and Policy; C32; Q16; Q17; Q47. |
Ano: 2011 |
URL: http://purl.umn.edu/114786 |
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Bazilian, Morgan; Nussbaumer, Patrick; Rogner, Hans-Holger; Brew-Hammond, Abeeku; Foster, Vivien; Kammen, Daniel M.; Pachauri, Shonali; Eric, Williams; Howells, Mark; Niyongabo, Philippe; Musaba, Lawrence; O Gallachoir, Brian; Radka, Mark. |
In order to reach a goal of universal access to modern energy services in Africa by 2030, consideration of various electricity sector pathways is required to help inform policy-makers and investors, and help guide power system design. To that end, and building on existing tools and analysis, we present several ‘high-level’, transparent, and economy-wide scenarios for the sub-Saharan African power sector to 2030. We construct these simple scenarios against the backdrop of historical trends and various interpretations of universal access. They are designed to provide the international community with an indication of the overall scale of the effort required. We find that most existing projections, using typical long-term forecasting methods for power... |
Tipo: Working or Discussion Paper |
Palavras-chave: Energy Access; Power System Planning; Sub-Saharan Africa; Resource /Energy Economics and Policy; C1; Q41; Q47. |
Ano: 2011 |
URL: http://purl.umn.edu/116904 |
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Rajcaniova, Miroslava; Drabik, Dusan; Ciaian, Pavel. |
Kliauga, de Gorter, and Just (2008) and de Gorter, Drabik, and Just (2010) argue that the United States and the European Union establish the world ethanol and biodiesel prices, respectively. We test these theories using a cointegration analysis and the Vector Error Correction (VEC) model. Weekly price series are analyzed for the major global biofuel producers (European Union, United States, and Brazil) for the period 2002 – 2010. Biofuel policies in both the United States and Brazil appear to play a role in determining the ethanol prices in other countries, thus only partially confirming the previous findings for the U.S. price leadership in the literature. For biodiesel, our results demonstrate that the EU tax exemption and mandate impact the world... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Biofuels; Biofuel polices; Price leadership; VEC; Agricultural and Food Policy; International Relations/Trade; C32; Q16; Q17; Q47. |
Ano: 2011 |
URL: http://purl.umn.edu/103222 |
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