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A global analysis of energy prices and agriculture



A global analysis of energy prices and agriculture



Staff Report Economic Research Service, United States Department of Agriculture ( AGES 9148): iv + 18pp.



A multi-region computable general equilibrium (CGE) model was used to assess the long-run effects of higher energy prices on agricultural production, prices, and trade. An increase in the price of energy enters farmers' cost functions through direct energy use and through the indirect influence of energy prices on intermediate inputs, especially fertilizers.

Accession: 002009905

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