Biofuels impact on crop and food prices
Subtitle: using an interactive spreadsheet
By: Scott Baier ... [et al.].
Contributors: Baier, Scott L.
Series: International finance discussion papers -- no. 967; International finance discussion papers (Online) -- no. 967.
Publisher: Federal Reserve Board
Published: 2009
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Description: "This paper examines the effect that biofuels production has had on commodity and global food prices.  The innovative contribution of this paper is the interactive spreadsheet that allows the reader to choose the assumptions behind the estimates.  By allowing the reader to choose the country, time period, supply and demand elasticities, and the size of indirect effects we explicitly illustrate the sensitivity of the estimated effect of biofuels production on prices.  Our best estimates suggest that the increase in biofuels production over the past two years has had a sizeable impact on corn, sugar, barley and soybean prices, but a much smaller impact on global food prices"--Federal Reserve Board web site.
Notes: Title from PDF file as viewed on 6/22/2009.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.