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Food-feed-biofuel trilemma: Biotechnological innovation policy for sustainable development
- Authors
- Das, Gouranga G.
- Issue Date
- May-2017
- Publisher
- Elsevier BV
- Keywords
- Sustainable Development Goals (SDG); Biofuels; Food prices; Spillover; CGE
- Citation
- Journal of Policy Modeling, v.39, no.3, pp.410 - 442
- Indexed
- SSCI
SCOPUS
- Journal Title
- Journal of Policy Modeling
- Volume
- 39
- Number
- 3
- Start Page
- 410
- End Page
- 442
- ISSN
- 0161-8938
- Abstract
- With climate change endangering environmental sustainability, and food-biofuel competition still looming large, the pursuit of Sustainable Development Goals (SDG) requires balancing this trade-off. By highlighting the role of current-vintage agro-fuel technology in combating twin crisis, we calibrate a 23 regions-24 sectors Computable General Equilibrium (CGE) model to enumerate the impacts of: [i] 10% biotechnological invention in maize grains, rice and wheat; [ii] productivity growth in new agro-chemical inputs; [iii] impact of next generation biofuel technology (5% productivity shock). The results confirm that investing in factors for adoption of third-generation biofuels could be significant policy response for mitigating the adverse impacts. (C) 2017 The Society for Policy Modeling. Published by Elsevier Inc. All rights reserved.
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Related Researcher
- DAS, Gouranga
- COLLEGE OF BUSINESS AND ECONOMICS (DEPARTMENT OF ECONOMICS)