Matches in SemOpenAlex for { <https://semopenalex.org/work/W3149471431> ?p ?o ?g. }
Showing items 1 to 83 of
83
with 100 items per page.
- W3149471431 abstract "The biofuel industry has been rapidly growing around the world in recent years. Several papers have used general equilibrium models and addressed the economy-wide and environmental consequences of producing biofuels at a large scale. They mainly argue that since biofuels are mostly produced from agricultural sources, their effects are largely felt in agricultural markets with major land use and environmental consequences. In this paper, we argue that virtually all of these studies have overstated the impact of liquid biofuels on agricultural markets due to the fact that they have ignored the role of by-products resulting from the production of biofuels. Feed by-products of the biofuel industry, such as Dried Distillers Grains with Solubles (DDGS) and biodiesel by-products (BDBP) such as soy and rapeseed meals, can be used in the livestock industry as substitutes for grains and oilseed meals used in this industry. Hence, their presence mitigates the price impacts of biofuel production on the livestock and food industries. The importance of incorporating by-products of biofuel production in economic models is well recognized by some partial equilibrium analyses of biofuel production. However, to date, this issue has not been tackled by those conducting CGE analysis of biofuels programs. Accordingly, this paper explicitly introduces DDGS and BDBP, the major by-products of grain based ethanol and biodiesel production processes, into a worldwide CGE model and analyzes the economic and environmental impacts of regional and international mandate policies designed to stimulate bioenergy production and use. We first explicitly introduce by-products of biofuel production into the GTAP-BIO database, originally developed by Taheripour et al. (2007). Then we explicitly bring in DDGS and BDBP into the Energy-Environmental version of the Global Trade Analysis Project (GTAP-E) model, originally developed by Burniaux and Truong (2002), and recently modified by McDougall and Golub (2007) and Birur, Hertel, and Tyner (2008). The structure of the GTAP-E model is redesigned to handle the production and consumption of biofuels and their by-products, in particular DDGS, across the world. Unlike many CGE models which are characterized by single product sectors, here grain based ethanol and DDGS jointly are produced by an industry, named EthanolC. The biodiesel industry also produces two products of biodiesel and BDBP jointly. This paper divides the world economy into 22 commodities, 20 industries, and 18 regions and then examines global impacts of the US Energy Independence and Security Act of 2007 and the European Union mandates for promoting biofuel production in the presence of by-products. We show that models with and without by-products demonstrate different portraits from the economic impacts of international biofuel mandates for the world economy in 2015. While both models demonstrate significant changes in the agricultural production pattern across the world, the model with by-products shows smaller changes in the production of cereal grains and larger changes for oilseeds products in the US and EU, and the reverse for Brazil. For example, the US production of cereal grains increases by 10.8% and 16.4% with and without by-products, respectively. The difference between these two numbers corresponds to 646 million bushels of corn. In the presence of by-products, prices change less due to the mandate policies. For example, the model with no by-products predicts that the price of cereal grains grows 22.7% in the US during the time period of 2006 to 2015. The corresponding number for the model with by-products is 14%. The model with no by-products predicts that the price of oilseeds increases by 62.5% in the EU during 2006-2015. In the presence of by-products, this price grows 56.4%. Finally, we show that incorporating DDGS into the model significantly changes the land use consequences of the biofuel mandate polices." @default.
- W3149471431 created "2021-04-13" @default.
- W3149471431 creator A5021874582 @default.
- W3149471431 creator A5031358904 @default.
- W3149471431 creator A5038678727 @default.
- W3149471431 creator A5074526613 @default.
- W3149471431 creator A5086283054 @default.
- W3149471431 date "2008-01-01" @default.
- W3149471431 modified "2023-09-27" @default.
- W3149471431 title "Biofuels and their By-Products: Global Economic and Environmental Implications" @default.
- W3149471431 hasPublicationYear "2008" @default.
- W3149471431 type Work @default.
- W3149471431 sameAs 3149471431 @default.
- W3149471431 citedByCount "0" @default.
- W3149471431 crossrefType "posted-content" @default.
- W3149471431 hasAuthorship W3149471431A5021874582 @default.
- W3149471431 hasAuthorship W3149471431A5031358904 @default.
- W3149471431 hasAuthorship W3149471431A5038678727 @default.
- W3149471431 hasAuthorship W3149471431A5074526613 @default.
- W3149471431 hasAuthorship W3149471431A5086283054 @default.
- W3149471431 hasConcept C118518473 @default.
- W3149471431 hasConcept C127413603 @default.
- W3149471431 hasConcept C139719470 @default.
- W3149471431 hasConcept C144133560 @default.
- W3149471431 hasConcept C156380964 @default.
- W3149471431 hasConcept C161790260 @default.
- W3149471431 hasConcept C162324750 @default.
- W3149471431 hasConcept C166957645 @default.
- W3149471431 hasConcept C175605778 @default.
- W3149471431 hasConcept C185592680 @default.
- W3149471431 hasConcept C20522121 @default.
- W3149471431 hasConcept C205649164 @default.
- W3149471431 hasConcept C2778348673 @default.
- W3149471431 hasConcept C48824518 @default.
- W3149471431 hasConcept C52896960 @default.
- W3149471431 hasConcept C53991642 @default.
- W3149471431 hasConcept C548081761 @default.
- W3149471431 hasConcept C55493867 @default.
- W3149471431 hasConceptScore W3149471431C118518473 @default.
- W3149471431 hasConceptScore W3149471431C127413603 @default.
- W3149471431 hasConceptScore W3149471431C139719470 @default.
- W3149471431 hasConceptScore W3149471431C144133560 @default.
- W3149471431 hasConceptScore W3149471431C156380964 @default.
- W3149471431 hasConceptScore W3149471431C161790260 @default.
- W3149471431 hasConceptScore W3149471431C162324750 @default.
- W3149471431 hasConceptScore W3149471431C166957645 @default.
- W3149471431 hasConceptScore W3149471431C175605778 @default.
- W3149471431 hasConceptScore W3149471431C185592680 @default.
- W3149471431 hasConceptScore W3149471431C20522121 @default.
- W3149471431 hasConceptScore W3149471431C205649164 @default.
- W3149471431 hasConceptScore W3149471431C2778348673 @default.
- W3149471431 hasConceptScore W3149471431C48824518 @default.
- W3149471431 hasConceptScore W3149471431C52896960 @default.
- W3149471431 hasConceptScore W3149471431C53991642 @default.
- W3149471431 hasConceptScore W3149471431C548081761 @default.
- W3149471431 hasConceptScore W3149471431C55493867 @default.
- W3149471431 hasLocation W31494714311 @default.
- W3149471431 hasOpenAccess W3149471431 @default.
- W3149471431 hasPrimaryLocation W31494714311 @default.
- W3149471431 hasRelatedWork W1501036592 @default.
- W3149471431 hasRelatedWork W1545043826 @default.
- W3149471431 hasRelatedWork W1574195508 @default.
- W3149471431 hasRelatedWork W1996539794 @default.
- W3149471431 hasRelatedWork W2087325967 @default.
- W3149471431 hasRelatedWork W2172886636 @default.
- W3149471431 hasRelatedWork W2275315417 @default.
- W3149471431 hasRelatedWork W2364678387 @default.
- W3149471431 hasRelatedWork W2468871113 @default.
- W3149471431 hasRelatedWork W2475475945 @default.
- W3149471431 hasRelatedWork W2946429306 @default.
- W3149471431 hasRelatedWork W3122268768 @default.
- W3149471431 hasRelatedWork W3123224414 @default.
- W3149471431 hasRelatedWork W3124552034 @default.
- W3149471431 hasRelatedWork W3124833806 @default.
- W3149471431 hasRelatedWork W3125605470 @default.
- W3149471431 hasRelatedWork W3125645102 @default.
- W3149471431 hasRelatedWork W3197745924 @default.
- W3149471431 hasRelatedWork W40745360 @default.
- W3149471431 hasRelatedWork W3107947722 @default.
- W3149471431 isParatext "false" @default.
- W3149471431 isRetracted "false" @default.
- W3149471431 magId "3149471431" @default.
- W3149471431 workType "article" @default.