乙醇生产和粮食价格:粮食需求和供应的同时估计

Bree L. Dority, Frank Tenkorang
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引用次数: 2

摘要

我们调查了美国和巴西乙醇生产对全球食品价格的影响。我们的分析是基于一个粮食需求和粮食供应的联立方程模型。我们控制了发展中国家对食品需求增加、美元贬值、能源价格和农业生产技术进步等因素。根据我们的三阶段最小二乘结果,乙醇生产的快速扩张不太可能与本世纪末经历的高粮价有关。然而,我们发现世界粮食价格受到能源价格的显著影响。
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Ethanol Production and Food Price: Simultaneous Estimation of Food Demand and Supply
We investigate the impact of U.S. and Brazilian ethanol production on global food prices. Our analysis is based on a food demand and food supply simultaneous equation model. We control for the increased demand for food by developing countries, the de- preciation of the U.S. dollar, energy prices, and technological advancement in agricul- tural production. Based on our three-stage least squares results, the rapid expansion of ethanol production is unlikely to have been related to the high food prices experienced in the late 2000s. However, we find that world food prices are significantly impacted by energy prices.
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