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Biofuels between International Markets, Policies and the Wto

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  • Roberto Esposti

Abstract

Much has been written on the alleged negative impact of rapidly growing biofuel production on agricultural markets and prices. Within a longer-term perspective one critical aspect in this respect is the limited development of biofuel international trade observed thus far. Due mainly to the combination of strong support for domestic production and trade barriers in most of the key-countries, this limited openness in trade not only reduces the growth potentials of the biofuel sector but may also aggravate its negative fallout on the agricultural markets. In this article we analyse the international biofuel trade starting from its implications for the associated markets (of agricultural and energy products) and focusing on the role of current promotion policies, the possible policy alternatives and the contribution that the Wto can make (as well as the problems it may come up against) to improve international biofuel trade.

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Bibliographic Info

Article provided by Associazione Rossi Doria in its journal QA.

Volume (Year): (2009)
Issue (Month): 4 (December)
Pages:

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Handle: RePEc:rar:journl:0123

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Related research

Keywords: Biofuels; Agricultural markets; Bioenergy policies; Wto;

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  1. Mitchell, Donald, 2008. "A note on rising food prices," Policy Research Working Paper Series 4682, The World Bank.
  2. Babcock, Bruce A. & Beghin, John C. & Mohanty, Samarendu & Fuller, Frank H. & Fabiosa, Jacinto F. & Kaus, Phillip J. & Fang, Cheng & Hart, Chad E. & Kovarik, Karen & Womack, Abner W. & Young, Robert E, 2000. "FAPRI 2000 U.S. Agricultural Outlook," Staff Reports 32054, Food and Agricultural Policy Research Institute (FAPRI).
  3. Simla Tokgoz & Amani Elobeid & Jacinto F. Fabiosa & Dermot J. Hayes & Bruce A. Babcock & Tun-Hsiang (Edward) Yu & Fengxia Dong & Chad E. Hart & John C. Beghin, 2007. "Emerging Biofuels: Outlook of Effects on U.S. Grain, Oilseed, and Livestock Markets," Food and Agricultural Policy Research Institute (FAPRI) Publications 07-sr101, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
  4. Gurgel Angelo & Reilly John M & Paltsev Sergey, 2007. "Potential Land Use Implications of a Global Biofuels Industry," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 5(2), pages 1-36, December.
  5. Jan-Erik Petersen, 2008. "Energy production with agricultural biomass: environmental implications and analytical challenges-super- †," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 35(3), pages 385-408, September.
  6. Schmitz Andrew & Moss Charles B. & Schmitz Troy G., 2007. "Ethanol: No Free Lunch," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 5(2), pages 1-28, December.
  7. Babcock, Bruce A. & Beghin, John C. & Fabiosa, Jacinto F. & de Cara, Stephane & Elobeid, Amani E. & Fang, Cheng & Fuller, Frank H. & Hart, Chad E. & Isik, Murat & Matthey, Holger & Saak, Alexander E. , 2002. "FAPRI 2002 World Agricultural Outlook," Staff Reports 32051, Food and Agricultural Policy Research Institute (FAPRI).
  8. von Braun, Joachim & Torero, Maximo, 2009. "Exploring the Price Spike," Choices, Agricultural and Applied Economics Association, vol. 24(1).
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