This article assesses the implications of the EU Biofuels Directive (BFD) using a computable general equilibrium framework with endogenous land supply. The results show that, without policy intervention to stimulate the use of biofuel crops, the …
The impact of globalization on trade, production and land use was key to the Doha development round. Although many studies have shown the positive influence of liberalization on trade and production, the environmental questions remain unanswered in …