Food Security and Biofuels in Latin America and the Caribbean Region: A Data Panel Analysis on Eight Countries

This study analyzes the historical correlation between three dependent variables related to food security and independent variables framed by biofuel production through a panel data analysis in eight Latin American and Caribbean countries between 2007 and 2021. Of the three econometric models analyzed, two are statistically significant. The first shows a positive correlation between biofuel production and the food production index. The third shows a negative correlation between the percentage of undernourished people and biofuel production. The study concludes that, according to the historical data evaluated, the impact of biofuel production on the analyzed food security variables is positive.