The Long-Run Impact of Biofuels on Food Prices

The conversion of pasture and forest land to farming due to biofuels mandates may cause a modest increase in food prices—although population growth and income-driven preferences for meat and dairy over cereals may play as much of a role.

Working Paper by Ujjayant Chakravorty, Marie-Hélène Hubert, Michel Moreaux, and Linda Nøstbakken — Oct. 30, 2015



Ujjayant Chakravorty

Marie-Hélène Hubert

Michel Moreaux

Linda Nøstbakken