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2020 | 13 | nr 1 | 262--278
Tytuł artykułu

Development of Liquid Biofuel Market: Impact Assessment of the New Support System in Ukraine

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
In the light of the growing importance of biofuels in the world and Ukraine's potential for its production, the current research focuses on analysing future development of liquid biofuel market and production possibilities in Ukraine until 2030 using the AGMEMOD model. The AGMEMOD model is an econometric, dynamic, partial equilibrium, multi-commodity model which has the capacity to evaluate changes in Ukrainian agricultural policy and the impacts of political decisions on the agricultural sector in Ukraine. The current paper offers an introduction of state aid in the form of direct support and tax preferences for liquid biofuels producers to meet the needs of the domestic market in biofuels and to achieve the indicative target of 10% consumption biofuels in the total consumption of motor fuel by transport sector till 2020. For the quantitative assessment of these effects, the AGMEMOD model was used. The results of this study indicate that implementation of the direct state support, introduction of the system of returning and cancelling excise duty for biofuels producers will stimulate the achievement of the indicative target of 10% biofuels' consumption by the transport sector. (original abstract)
Rocznik
Tom
13
Numer
Strony
262--278
Opis fizyczny
Twórcy
autor
  • National University of Life and Environmental Sciences of Ukraine
  • National University of Life and Environmental Sciences of Ukraine
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171588707

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