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
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Development policy
Energy Demand
Alternative energy program
Domestic Energy
Communication in rural development
Communication in community development
Economic development projects
Development banks
Economic forecasting
Environmental auditing
Cumulative effects assessment
Human rights and globalization
Rural manpower policy
Biogas
Biomass chemical
Biomass gassification
Biomass energy
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