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Full-Text Articles in Social and Behavioral Sciences
The Effect Of The U.S. Biofuels Mandate On Poverty In India, Ujjayant N. Chakravorty, Marie-Helene Hubert, Beyza Ural Marchand
The Effect Of The U.S. Biofuels Mandate On Poverty In India, Ujjayant N. Chakravorty, Marie-Helene Hubert, Beyza Ural Marchand
Ujjayant Chakravorty
More than 40% of US grain is now used for energy and this share is expected to rise under the current Renewable Fuels Mandate (RFS). There are no studies of the global distributional consequences of this purely domestic policy. Using micro-level survey data, we trace the effect of the RFS on world food prices and their impact on household level consumption and wage impacts in India. We first develop a partial equilibrium model to estimate the effect of the RFS on the price of selected food commodities - rice, wheat, corn, sugar and meat and dairy, which together provide almost …