Systematic review of the economic impacts of bioenergy on agricultural markets
Jephta Mensah Kwakye, Darlington Eze Ekechukwu, Olorunshogo Benjamin Ogundipe
Abstract
This systematic review examines the economic impacts of bioenergy on agricultural markets, synthesising findings from existing literature across various regions and climatic conditions. Analysing effects on crop prices, land use decisions, and economic sustainability, the review highlights key insights. It identifies common trends, patterns, and divergences. Bioenergy production interacts with agricultural markets through multiple channels, influenced by policy interventions, technological innovation, and market dynamics. Implications for policy, practice, and future research are discussed, emphasising the importance of considering economic factors in bioenergy development and agricultural policy-making. The findings underscore the need for integrated modeling approaches, data improvements, and cross-sectoral collaboration to inform evidence-based decision-making and promote sustainable bioenergy development. Keywords: Bioenergy, Agricultural Markets, Economic Impacts, Crop Prices, Land Use Decisions, Sustainability.