Energy Markets: The Impact on Trade in Biofuels and Farm Goods
نویسنده
چکیده
Since late 2006, biofuel policies have caused high grain/oilseed prices by creating a link between crop and biofuel policies. The value of agricultural trade has increased sharply, mostly because of high prices, not increased trade volume. Biofuel policies have little to do with the agenda of the Doha trade negotiations but have had indirect effects in that production subsidies and import barriers are lower due to higher prices, which thereby changes the politics of farm policy and trade negotiations in general.
منابع مشابه
تاثیر تجارت بر مصرف انرژی در کشورهای گروه دی هشت
Energy as one of the most important factors of production, as well as one of the most important marginal products, has effential role in trade and economic development.The importance of energy has increased after the two oil crises in 1970’s. The relationship between energy and trade is an important topic to study for several reasons. If energy consumption is found to Granger cause export...
متن کاملInvestigating the Factors Affecting Trade within the Pharmaceutical Industry in Iran and Selection of Business Partners (with Emphasis on Innovation)
Given the fluctuations in world oil prices and the endless supply of this underground resource, the pharmaceutical industry is one of the attractive sectors of investment in intra-industry trade. Intra-industry trade refers to the simultaneous export and import of a group of similar goods, resulting in product differentiation in imperfectly competitive markets and the existence of economies of ...
متن کاملTrade liberalization , agriculture , and poverty in low - income countries
This paper offers an economic assessment of the opportunities and challenges provided by the WTO’s Doha Development Agenda, particularly through agricultural trade liberalization, for low-income countries seeking to trade their way out of poverty. After discussing links between poverty, economic growth and trade, it reports modelling results showing that farm product markets remain the most cos...
متن کاملFood or fuel? What European farmers can contribute to Europe’s transport energy requirements and the Doha Round
Farm support in higher income countries is a testament to the fundamental social and economic importance of agriculture, yet domestic efforts to support this sector can arouse multilateral discord in a world of global food markets. In this paper, we argue that the advent of biofuels offers a new opportunity for agriculture to contribute to society, and to do so in a way that reduces trade rival...
متن کاملTrade Liberalization, Exchange Rate Changes, And the Competitiveness of Carbohydrate Staple Markets in Nigeria
This study examined the effects of trade liberalization and exchange rate changes on carbohydrate staples in Nigeria. Secondary data published from 1974 to 2006 on cassava exports and rice imports as well as non-tradable carbohydrate staples were used. It was hypothesized that exchange rate changes and trade liberalization via price relatives, trade intensity and nominal protection coefficient ...
متن کامل