In its Progress Report on Biofuels the European Commission proposes a more restrictivebiofuel directive which sets a mandatory minimum share of biofuels in total fuel consumption in thetransport sector of 10% per Member State by 2020. This is likely to have a strong impact on demandfor biofuel...

Executive Summary: Iowa offers several tax incentive programs that have been utilized by biofuel producers. The tax credit programs include the Enterprise Zone Program (EZ), the New Jobs and Income Program (NJIP), the New Capital Investment Program (NCIP), and the High Quality Job Creation...

Over the course of the last few years ethanol production has expanded at an incredible pace, putting strain on corn markets and transportation systems throughout the Midwest. Driven by the government subsidy and profit possibilities, firm entry rates have spiked. Previous to 2006-2007 the...

This paper investigates a system of supply, demand, and price equations for Malaysian cocoa using annual data over the period 1975-2008. Theoretically, in supply and demand models, the price variable is treated as endogenous. However, Hausman specification test result indicates that there is no...

This paper presents a brief review of the trends in foodgrain production in India, the determinants of its growth and domestic foodgrain supply projections to draw inferences about the future foodgrain production trends. The foodgrain supply forecasts are examined in relation to the likely...

Do food prices cause political unrest? Throughout history, riots appear to have frequently broken out as a consequence of high food prices. This paper studies the impact of food prices on political unrest using monthly data on food prices at the international level. Because food prices and...

Despite of deceleration in area and marginal rise in production due to higher productivity growth rate but gross decline in area and production is perceived to be a major threat towards future food and nutritional security of the country as well as the Eastern states.Framing strategies to...

The study revisits the causal relationship between agricultural productivity and economic growth in sub-Saharan Africa. The analysis is based on the panel cointegration approach, estimated using the Pooled Mean Group (PMG) estimators. The study employs a cross-country balanced panel data...

El Niño Southern Oscillation (ENSO) is a naturally occurring phenomenon that affects weather around the world. Past ENSO episodes have had severe impacts on the economy of Colombia. We study the influence of ENSO on Colombian coffee production, exports, and price. Our structural econometric...

Bihar has predominantly an agrarian economy of Rs 180 billion which provides employment to about three-fourth of its working force and crop sector generates employment of more than 120 million labour days in a year. In Bihar, breed replacement rate has been slow mainly due to collapse of Public...