Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

2009

Iowa State University

Physical Sciences and Mathematics

Bioeconomic models

Articles 1 - 1 of 1

Full-Text Articles in Social and Behavioral Sciences

The Impact Of Energy Markets On The Eu Agricultural Sector, Simla Tokgoz Jan 2009

The Impact Of Energy Markets On The Eu Agricultural Sector, Simla Tokgoz

CARD Working Papers

The objective of this study is to analyze the impact of crude oil prices on the EU agricultural sector in an era when the biofuels sector is expanding because of policy initiatives and the desire to find alternative fuel sources. To this end, first a baseline is set up for the EU ethanol, grain, and dried distillers grains markets. In the next step, two different scenarios are run. The first scenario incorporates a 10-Euros-per-barrel increase in the EU crude oil price with the ethanol import tariffs in place. The second scenario incorporates the same shock with the ethanol import tariffs ...