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  4. Crop and Energy Price Links since 2006: An Analysis of a Biofuel Policy Framework

Crop and Energy Price Links since 2006: An Analysis of a Biofuel Policy Framework

File(s)
Yan_cornell_0058O_10121.pdf (836.12 KB)
Permanent Link(s)
https://doi.org/10.7298/X4D21VR8
https://hdl.handle.net/1813/56923
Collections
Cornell Theses and Dissertations
Applied Economics and Management MS Theses
Author
Yan, Bingyi
Abstract

High world food prices after 2006 concerned governments across the globe. Among various contributing factors, biofuels have received wide attention in recent years with more and more studies analyzing the implication of biofuel policies on global food supply and demand conditions. Relying on a model based upon U.S. biofuel policies, this paper studies the price links between crop and energy commodities induced by biofuel production, and simulates commodity price changes due to market and policy shifts. Results suggest price links exist between crop and energy commodities but more accurate measurement of commodity price changes induced by different market conditions will require the construction of a more detailed structural model.

Date Issued
2017-08-30
Keywords
Policy
•
Price Link
•
Renewable Fuel Standard
•
Energy
•
Public policy
•
Agriculture
•
Biofuel
•
Crop
Committee Chair
de Gorter, Harry
Committee Member
Tauer, Loren William
Degree Discipline
Applied Economics and Management
Degree Name
M.S., Applied Economics and Management
Degree Level
Master of Science
Type
dissertation or thesis

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