Essec\Faculty\Model\Contribution {#2216
  #_index: "academ_contributions"
  #_id: "13148"
  #_source: array:26 [
    "id" => "13148"
    "slug" => "dynamics-of-biofuel-prices-on-the-european-market-the-impact-of-eu-environmental-policy-on-resources-markets"
    "yearMonth" => "2022-03"
    "year" => "2022"
    "title" => "Dynamics of biofuel prices on the European market: the impact of EU environmental policy on resources markets."
    "description" => "DECLERCK, F., INDJEHAGOPIAN, J.P. et LANTZ, F. (2022). Dynamics of biofuel prices on the European market: the impact of EU environmental policy on resources markets. <i>Journal of Energy Markets</i>, 15(1), pp. 19-45."
    "authors" => array:3 [
      0 => array:3 [
        "name" => "DECLERCK Francis"
        "bid" => "B00000143"
        "slug" => "declerck-francis"
      ]
      1 => array:3 [
        "name" => "INDJEHAGOPIAN Jean-Pierre"
        "bid" => "B00000258"
        "slug" => "indjehagopian-jean-pierre"
      ]
      2 => array:1 [
        "name" => "LANTZ Frédéric"
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:2 [
      0 => "bifuel prices"
      1 => "policy"
    ]
    "updatedAt" => "2024-05-27 16:19:07"
    "publicationUrl" => "https://www.risk.net/journal-of-energy-markets/7948431/dynamics-of-biofuel-prices-on-the-european-market-the-impact-of-eu-environmental-policy-on-resources-markets"
    "publicationInfo" => array:3 [
      "pages" => "19-45"
      "volume" => "15"
      "number" => "1"
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "Cet article vise à expliquer les principaux moteurs des prix du marché du biodiesel en examinant les prix des ressources agricoles et les prix du gasoil pour les carburants automobiles dans le contexte de la politique environnementale de l'UE. Une analyse économétrique a été effectuée sur des données mensuelles de novembre 2006 à janvier 2016. Cependant, les tests de ruptures structurelles montrent plusieurs changements dans le comportement des prix. Cela nous amène à estimer un modèle de changement de régime qui révèle deux régimes principaux pour la structure des prix du biodiesel. Lorsque les prix du pétrole sont élevés, les prix du biodiesel, du colza et du gazole sont liés, principalement tirés par les prix du pétrole. Lorsque les prix du pétrole sont bas, les prix du biodiesel sont principalement liés aux prix du colza, conformément aux réglementations de l'UE exigeant le mélange de biodiesel et de gasoil."
      "en" => "This paper aims at explaining the major drivers of biodiesel market prices by examining agricultural resource prices and gasoil prices for automotive fuels in the context of the EU environmental policy. An econometric analysis was performed using monthly data from November 2006 to January 2016. However, tests for structural breaks show several changes in price behavior. This leads us to estimate a regime-switching model which reveals two main regimes for the biodiesel price pattern. When oil prices are high, biodiesel, rapeseed and diesel oil prices are related, mainly driven by oil prices. When oil prices are low, biodiesel prices are mostly related to rapeseed prices according to EU regulations requiring the blending of biodiesel and gasoil."
    ]
    "authors_fields" => array:2 [
      "fr" => "Systèmes d'Information, Data Analytics et Opérations"
      "en" => "Information Systems, Data Analytics and Operations"
    ]
    "indexedAt" => "2024-12-28T01:21:50.000Z"
    "docTitle" => "Dynamics of biofuel prices on the European market: the impact of EU environmental policy on resources markets."
    "docSurtitle" => "Journal articles"
    "authorNames" => "<a href="/cv/declerck-francis">DECLERCK Francis</a>, <a href="/cv/indjehagopian-jean-pierre">INDJEHAGOPIAN Jean-Pierre</a>, LANTZ Frédéric"
    "docDescription" => "<span class="document-property-authors">DECLERCK Francis, INDJEHAGOPIAN Jean-Pierre, LANTZ Frédéric</span><br><span class="document-property-authors_fields">Information Systems, Data Analytics and Operations</span> | <span class="document-property-year">2022</span>"
    "keywordList" => "<a href="#">bifuel prices</a>, <a href="#">policy</a>"
    "docPreview" => "<b>Dynamics of biofuel prices on the European market: the impact of EU environmental policy on resources markets.</b><br><span>2022-03 | Journal articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="https://www.risk.net/journal-of-energy-markets/7948431/dynamics-of-biofuel-prices-on-the-european-market-the-impact-of-eu-environmental-policy-on-resources-markets" target="_blank">Dynamics of biofuel prices on the European market: the impact of EU environmental policy on resources markets.</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 8.447113
  +"parent": null
}