Has Brazilian Ethanol Production Displaced Food Crops?
In this thesis a first order differential supply response model, the Linear Approximate Acreage Allocation Model (Holt, 1999), is used to analyze the competition between ethanol (sugarcane) and food crops (soy, corn, cotton, rice and orange) in Brazil. In this linear multi-crop supply response model total land is assumed to exogenous, leaving the shares to be estimated along with elasticities betw
