Several studies in the recent past have offered a contrasting and wide range of perspectives on economic and environmental implications of biofuels. In this study we develop a comprehensive and consistent framework for analyzing the global economic interactions and the direct and indirect...

Over the past few years, interest in bioenergy has boomed with higher oil prices and concerns about energy security, farm incomes, and mitigation of climate change. In the same time, there is significant interest in international agricultural and forestry based greenhouse gas (GHG) mitigation....

Global production of biofuels has been expanding with the enduring concerns on climate change and energy security. The U.S. Congress has established a renewable fuel standard 2 (RFS2) rule that mandates annual combined production of 36 billion gallons (bg) biofuels by 2022 (USEPA, 2010). Large...

Until recently, India followed a welfare based approach of distributing food grains to its low income group at an issue price, much lower than its market price or procurement price. In September 2013, the Government of India passed the National Food Security Act 2013 (NFSA, also called the Right...

This study was funded by the the University Transportation Center for Mobility, Texas Transportation Institute

There is general consensus in the scientific literature that human-induced climate change has taken place and will continue to do so over the next century. The Fourth Assessment Report (AR4) of the Intergovernmental Panel on Climate Change concludes with “very high confidence” that...

This paper uses a two-good specific factors model to derive a relationship between international trade, land degradation, and welfare. Because developing countries enjoy comparative advantage in agriculture, they will export agricultural goods. We found that trade could lower steady state land...

APEC's "open regionalism" calls for free-trade in APEC but with benefits also accruing to non-APEC members. This study shows that "open regionalism" provides strong incentives for non-APEC economies to also liberalize their policies to maintain competitiveness. Inclusion of agriculture is...