Please use this identifier to cite or link to this item:https://hdl.handle.net/20.500.12259/91317
Type of publication: conference paper
Type of publication (PDB): Tezės kituose recenzuojamuose leidiniuose / Theses in other peer-reviewed publications (T1e)
Field of Science: Ekonomika / Economics (S004)
Author(s): Makutėnas, Valdemaras;Miceikienė, Astrida;Šaučiūnas, Tadas
Title: The Impact of Biofuels Production Development and Prices of Resource
Is part of: Rural Development 2017 [elektroninis išteklius]: Bioeconomy Challenges : The 8th International Scientific Conference, 23-24th November, 2017, Aleksandras Stulginskis University : Abstracts Book. Akademija : Aleksandras Stulginskis University, 2017
Extent: p. 347-348
Date: 2017
Note: Puslapiai nurodyti pagal pataisytą leidinį
Keywords: Biofuels production;prices of resource
ISBN: 9786094491238
Abstract: The assessment of biofuels from an economic point of view reveals the interactions between biofuel production volume and prices of the plants. These interactions are subjects of scientific discussions, as the increased demand of crops is likely to increase their price according. From the social aspect, the increase of crops' price may be assessed in two ways - on the one hand, it would increase growers' income and, consequently, the social well-being, biofuels production may reduce the availability of food. From the environmental point of view, biofuels production should reduce carbon dioxide emissions into the atmosphere, however, the process of biofuel production consumes large quantities of water, which can be very valuable in supporting the biodiversity of a certain region, besides, timber harvesting may increase and, consequently, the absorption of CO2 will decrease. The purpose of the article is to prepare the research methodology assessing the impact of biofuels production development in terms of resource prices in the EU countries. The performed multi-dimensional regression analysis allows stating that the development of biofuel production during the research period, from 2003 to 2013, did not have significant impact on the prices of food and feed plants, although a strong or very strong relation exists between the price of food and feed plants and production volume. Regression analysis revealed that when more factors are involved instead of just biofuel production volume, the changes in ethanol or biodiesel production volume have less impact on the price of feedstock plants than, for instance, oil price.[...]
Internet: http://www.ruraldevelopment.lt/doc/SANTRAUKOS_%20GERAS.pdf
Affiliation(s): Vytauto Didžiojo universitetas
Žemės ūkio akademija
Appears in Collections:Universiteto mokslo publikacijos / University Research Publications

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