Search Results for: Molasses from refining of sugar
markets are not modelled and are treated exogenously to the model. as non- agricultural markets are exogenous, hypotheses concerning the paths of key macroeconomic variables are predetermined with no accounting of feedback from developments in agricultural markets to the economy as a whole. aglink-cosimo
,i,c,t = the profit derived from utilising feedstock i for the production of biofuels (ethanol or biodiesel) to be blend in type of fossil fuel q in country c and year t. the rmetq,i,c,t is derived based on the following identity: rmbfq,i,c,t = pp bf q,i,c,t + dp bf q,i,c,t + vl bf q,i,c,t ( ) pibfq,...
https://www.agri-outlook.org/about/Aglink-Cosimo-Biofuel-Documentation.pdf