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Social and Behavioral Sciences Commons

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

2009

Iowa State University

FAPRI model

Articles 1 - 1 of 1

Full-Text Articles in Social and Behavioral Sciences

Land Allocation Effects Of The Global Ethanol Surge: Predictions From The International Fapri Model, Jacinto F. Fabiosa, John C. Beghin, Fengxia Dong, Amani E. Elobeid, Simla Tokgoz, Tun-Hsiang (Edward) Yu Mar 2009

Land Allocation Effects Of The Global Ethanol Surge: Predictions From The International Fapri Model, Jacinto F. Fabiosa, John C. Beghin, Fengxia Dong, Amani E. Elobeid, Simla Tokgoz, Tun-Hsiang (Edward) Yu

CARD Working Papers

We quantify the emergence of biofuel markets and its impact on U.S. and world agriculture for the coming decade using the multi-market, multi-commodity international FAPRI (Food and Agricultural Policy Research Institute) model. The model incorporates the trade-offs between biofuel, feed, and food production and consumption and international feedback effects of the emergence through world commodity prices and trade. We examine land allocation by type of crop, and pasture use for countries growing feedstock for ethanol (corn, sorghum, wheat, sugarcane, and other grains) and major crops competing with feedstock for land resources such as oilseeds. We shock the model with ...