The Economics of Biofuel Policies: Impacts on Price Volatility in Grain and Oilseed Markets

Front Matter....Pages i-xxx
Introduction....Pages 1-7
How Biofuel Policies Ushered in the New Era of High and Volatile Grain and Oilseed Prices....Pages 9-22
The Economics of Biofuel Policies: The Theory of Corn-Ethanol and Ethanol-Gasoline Price Links....Pages 23-45
Measures of Biofuel Policy Impact on Food Commodity Prices....Pages 47-66
A Forensic Analysis of the Food Commodity Price Boom of 2008....Pages 67-84
A Critique of the Literature Analyzing Biofuel Policy and the 2008 Food Commodity Price Boom....Pages 85-108
The Economics of Developing Country Policy Responses and Biofuel Policies....Pages 109-119
An Enhanced Exposition of the Corn-Ethanol-Energy Price Linkages and Implications for Time Series Analysis of Biofuel Policy Impacts....Pages 121-135
The Impact of Biofuel Policies on Food Commodity Price Volatility....Pages 137-150
The Economics of Biodiesel and the Central Role of the European Union’s Policies....Pages 151-169
The Complex Structure of the US Biofuel Mandate: A Handbook....Pages 171-190
The Economics of Brazil’s Sugarcane-Ethanol/Sugar Complex and Policies....Pages 191-206
The Interaction Effects Among Biofuels, Policies, and Countries....Pages 207-220
The Impact of Biofuel Policies in the Future: Some Concluding Remarks....Pages 221-231
Back Matter....Pages 233-282