Biofuel-food market interactions: A review of modeling approaches and findings

cg.authorship.typesCGIAR single centre
cg.creator.identifierSiwa Msangi: 0000-0002-5408-6909
cg.identifier.doihttps://doi.org/10.3390/agriculture3010053
cg.identifier.projectIFPRI - Environment and Production Technology Division
cg.identifier.publicationRankNot ranked
cg.issn2077-0472
cg.issue1
cg.journalAgriculture
cg.reviewStatusInternal Review
cg.volume3
dc.contributor.authorOladosu, Gbadebo
dc.contributor.authorMsangi, Siwa
dc.date.accessioned2024-10-01T13:55:08Zen
dc.date.available2024-10-01T13:55:08Zen
dc.identifier.urihttps://hdl.handle.net/10568/152718
dc.titleBiofuel-food market interactions: A review of modeling approaches and findingsen
dcterms.abstractThe interaction between biofuels and food markets remains a policy issue for a number of reasons. There is a continuing need to understand the role of biofuels in the recent spikes in global food prices. Also, there is an ongoing discussion of changes to biofuel policy as a means to cope with severe weather-induced crop losses. Lastly, there are potential interactions between food markets and advanced biofuels, although most of the latter are expected to be produced from non-food feedstocks. This study reviews the existing literature on the food market impacts of biofuels. Findings suggest that initial conclusions attributing most of the spike in global food prices between 2005 and 2008 to biofuels have been revised. Instead, a multitude of factors, in addition to biofuels, converged during the period. Quantitative estimates of the impacts of biofuels on food markets vary significantly due to differences in modeling approaches, geographical scope, and assumptions about a number of crucial factors. In addition, many studies do not adequately account for the effects of macroeconomic changes, adverse weather conditions and direct market interventions during the recent food price spikes when evaluating the role of biofuels.en
dcterms.accessRightsOpen Access
dcterms.available2013-02-04
dcterms.bibliographicCitationOladosu, Gbadebo; Msangi, Siwa 2013. Biofuel-food market interactions: A review of modeling approaches and findings. Agriculture 3(1): 53-71en
dcterms.extentpp. 53-71
dcterms.issued2013
dcterms.languageen
dcterms.licenseCC-BY-3.0
dcterms.publisherMDPI
dcterms.replaceshttps://ebrary.ifpri.org/digital/collection/p15738coll5/id/3915
dcterms.subjectbiofuelsen
dcterms.subjectmarketsen
dcterms.subjectfuelsen
dcterms.subjectmodelsen
dcterms.subjectpricesen
dcterms.subjecthouseholdsen
dcterms.subjecteconomic systemsen
dcterms.typeJournal Article

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