The Economics of Biofuel Policies pp 137-150 | Cite as
The Impact of Biofuel Policies on Food Commodity Price Volatility
Chapter
Abstract
The controversy over biofuel policies has sparked debate not only on what caused the high levels of grain and oilseed prices, but also the alleged increase in price volatility and its potential deleterious effects. To illustrate, take two headlines, each involving a Cornell professor:
“Cornell’s Per Pinstrup-Andersen: Don’t Believe the Hype (and Data) Surrounding Food Price Crises. Cites Food Price Volatility as Greater Danger than High Food Prices,” an International Food Policy Research Institute (IFPRI) news headline on Per Pinstrup-Andersen (2013b)
Keywords
Commodity Price Price Volatility Demand Shock Stock Level Supply Shock
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information
© Harry de Gorter, Dusan Drabik, and David R. Just 2015