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The effect of biodiesel policies on world oilseed markets and developing countries (Inglés)

Using an empirical model, this study provides some insights into the functioning of the oilseed-biodiesel-diesel market complex in a large country that determines the biodiesel price, reflecting market equilibrium changes resulting from volatility in the crude oil price. Oilseed crushing produces joint products -- oil and meal –-- and this weakens the link between the biodiesel and oilseed feedstock prices. Higher crude oil prices increase biodiesel...
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