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001-es BibID:BIBFORM074424
Első szerző:Oláh Judit (agrárközgazdász, logisztika)
Cím:The Role of Biofuels in Food Commodity Prices Volatility and Land Use / Oláh Judit, Lengyel Péter, Balogh Péter, Harangi-Rákos Mónika, Popp József
Dátum:2017
ISSN:1804-171X 1804-1728
Megjegyzések:The goal of this study is to investigate the cause of growing food price volatility. We analyse whether food price volatility is mainly induced by the transfer of the oil price shock or is it the consequence of rising and competitive biofuel production. Furthermore, we evaluate the impact of biofuels on land use as well. Food prices have lately surged and declined sharply and become more volatile. High fuel prices combined with rising biofuel production created a link between crude oil and food prices. We investigated the impact of biofuel production in revealing increased volatility in oil and food prices and found correlations between cereals, sugar and vegetable oil price index and crude oil prices from 2003 to 2016. Our results show that the main driver for food price fluctuation is mainly the oil price shock. Increasing biofuel output has been associated with rising protein-rich animal feed production. The use of co-products as animal feed has land use implications including GHG emission savings because co-products reduce land and the demand for chemical inputs required in feed production
Tárgyszavak:Társadalomtudományok Gazdálkodás- és szervezéstudományok idegen nyelvű folyóiratközlemény külföldi lapban
bioenergy
biofuels
price transmission
co-products
land use
Megjelenés:Journal of Competitiveness. - 9 : 4 (2017), p. 81-93. -
További szerzők:Lengyel Péter (1976-) (matematika tanár, informatikus, közgazdász) Balogh Péter (1970-) (agrármérnök) Harangi-Rákos Mónika (1985-) (gazdasági agrármérnök) Popp József (1955-) (közgazdász)
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