Biofuel-related price transmission literature: A review

Teresa Serra, David Zilberman

Research output: Contribution to journalArticlepeer-review

Abstract

In this article, an extensive review of the rapidly growing biofuel-related time-series literature is carried out. The data used, the modeling techniques and the main findings of this literature are discussed. Providing a review of this flourishing research area is relevant as a guidepost for future research. This literature concludes that energy prices drive long-run agricultural price levels and that instability in energy markets is transferred to food markets.

Original languageEnglish (US)
Pages (from-to)141-151
Number of pages11
JournalEnergy Economics
Volume37
DOIs
StatePublished - May 2013
Externally publishedYes

Keywords

  • Biofuels
  • Literature review
  • Price levels
  • Price volatility
  • Time series

ASJC Scopus subject areas

  • Economics and Econometrics
  • General Energy

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