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Biofuel-related price transmission literature: A review

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  • Serra, Teresa
  • Zilberman, David

Abstract

In this article, an extensive review of the rapidly growing biofuel-related time-series literature is carried out. The data used, the modeling techniques and the main findings of this literature are discussed. Providing a review of this flourishing research area is relevant as a guidepost for future research. This literature concludes that energy prices drive long-run agricultural price levels and that instability in energy markets is transferred to food markets.

Suggested Citation

  • Serra, Teresa & Zilberman, David, 2013. "Biofuel-related price transmission literature: A review," Energy Economics, Elsevier, vol. 37(C), pages 141-151.
    • Handle: RePEc:eee:eneeco:v:37:y:2013:i:c:p:141-151
    DOI: 10.1016/j.eneco.2013.02.014
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    18. Papież, Monika, 2014. "A dynamic analysis of causality between prices of corn, crude oil and ethanol," MPRA Paper 56540, University Library of Munich, Germany.
    19. Peri, Massimo & Baldi, Lucia, 2013. "The effect of biofuel policies on feedstock market: Empirical evidence for rapeseed oil prices in EU," Resource and Energy Economics, Elsevier, vol. 35(1), pages 18-37.
    20. Saghaian, Sayed H. & Nemati, Mehdi & Walters, Cory G. & Chen, Bo, 2017. "Asymmetric Price Volatility Interaction between U.S. Food and Energy Markets," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258240, Agricultural and Applied Economics Association.

    More about this item

    Keywords

    Time series; Biofuels; Price levels; Price volatility; Literature review;
    All these keywords.

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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