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Table 1 Regional substitution elasticities among vegetable oils in GTAP-BIO model

From: US biofuel production and policy: implications for land use changes in Malaysia and Indonesia

Region

Elasticity values

Region

Elasticity values

US

0.5

M&I

10.0

EU

5.0

Rest of South East Asia

5.0

Brazil

0.5

Rest of South Asia

5.0

Canada

5.0

Russia

5.0

Japan

5.0

Central and Eastern Europe

5.0

China

10.0

Other Europe

5.0

India

10.0

Middle East and North Africa

5.0

Central America

0.5

Sub-Saharan Africa

5.0

South America

0.5

Oceania

5.0

East Asia

5.0

  
  1. These values are taken from California Air Resources Board [19]