Economy-Wide Impacts of Biodiesel Production and Use in India: A Computable General Equilibrium Model Assessment
Gunatilake, Herath; Pohit, Sanjib; Sugiyarto, Guntur | May 2011
Abstract
Biofuels are receiving the attention of policy makers of energy-deficient nations as a means to enhance energy security and reduce carbon emissions. Economy-wide impacts of allocating vast amounts of agricultural resources for energy crop production are not well understood. This paper assesses the economy-wide impacts of growing biodiesel crops to meet 20% blending target set in the biofuel policy of India. The results show that biodiesel can generate 0.7%–1.0% one-time incremental growth in India’s economy with significant employment generation in rural areas, without adverse effects on the other sectors of the economy.
Citation
Gunatilake, Herath; Pohit, Sanjib; Sugiyarto, Guntur. 2011. Economy-Wide Impacts of Biodiesel Production and Use in India: A Computable General Equilibrium Model Assessment. © Asian Development Bank. http://hdl.handle.net/11540/1411. License: CC BY 3.0 IGO.Keywords
Alternative Energy Development
Asian Development Bank
Development
Development Cooperation
Rural Development Projects
Energy Development Finance
Rural planning
Aid coordination
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