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GTAP Resource #4483

"From a rise in B to a fall in C? Environmental impact of biofuels"
by Ciaian, Pavel, d'Artis Kancs, Giuseppe Piroli and Miroslava Rajcaniova


Abstract
This is the first paper that econometrically estimates the impact of rising Bioenergy production on global CO2 emissions. We apply a structural vector autoregression (SVAR) approach to time series from 1961 to 2009 with annual observation for the world biofuel production and global CO2 emissions. We find that in the medium- to long-run biofuels significantly reduce global CO2 emissions: the CO2 emission elasticities with respect to biofuels range between -0.57 and -0.80. In the short-run, however, biofuels may increase CO2 emissions temporarily. Our findings complement those of life-cycle assessment and simulation models. However, by employing a more holistic approach and obtaining more robust estimates of environmental impact of biofuels, our results are particularly valuable for policy makers.


Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
Status: Not published
By/In:
Date: 2014
Version:
Created: Kancs, D. (4/15/2014)
Updated: Kancs, D. (10/26/2014)
Visits: 987
- Bioenergy
- Climate change policy
- Climate impacts
- Land use


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  File format GTAP Resource 4483  (383.4 KB)   Replicated: 0 time(s)


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