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Evaluating The Impacts Of An Increase In Fuel-Ethanol Demand On Agriculture And The Economy

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  • Ferris, John N.
  • Joshi, Satish V.

Abstract

Fuel ethanol demand is projected to increase because of proposed ban on methyl tertiary butyl ether (MTBE) in gasoline, renewable fuels standard, and the revised eight-hour ozone standards. In this paper, several scenarios of increased fuel ethanol demand and its effects on crop and feed prices, farm income and state finances under current tax-subsidy structure, are analyzed using a multi-sector econometric model AGMOD.

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File URL: http://purl.umn.edu/20089
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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2004 Annual meeting, August 1-4, Denver, CO with number 20089.

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Date of creation: 2004
Date of revision:
Handle: RePEc:ags:aaea04:20089

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Keywords: Resource /Energy Economics and Policy;

References

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  1. Ferris, John N., 1998. "Market Outlook And The Economics Of Producing And Marketing Michigan Wheat," Staff Papers 11500, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  2. Ferris, John N., 2000. "An Analysis Of The Importance Of Agriculture And The Food Sector To The Michigan Economy," Staff Papers 11793, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  3. Gallagher, Paul W. & Otto, Daniel & Dikeman, Mike, 2000. "Effects of an Oxygen Requirement for Fuel in Midwest Ethanol Markets and Local Economies," Staff General Research Papers 5244, Iowa State University, Department of Economics.
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Citations

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Cited by:
  1. Blanco, Luisa & Isenhouer, Michelle, 2010. "Powering America: The impact of ethanol production in the Corn Belt states," Energy Economics, Elsevier, vol. 32(6), pages 1228-1234, November.
  2. Park, Hwanil & Fortenbery, T. Randall, 2007. "The Effect of Ethanol Production on the U.S. National Corn Price," 2007 Conference, April 16-17, 2007, Chicago, Illinois 37565, NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
  3. Fortenbery, T. Randall & Park, Hwanil, 2008. "The Effect of Ethanol Production on the U.S. National Corn Price," Staff Paper Series 523, University of Wisconsin, Agricultural and Applied Economics.
  4. Annalisa Zezza, 2007. "The economic and environmental sustainability of biofuel production," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, November.
  5. Cha, Kyung Soo & Bae, Jeong Hwan, 2011. "Dynamic impacts of high oil prices on the bioethanol and feedstock markets," Energy Policy, Elsevier, vol. 39(2), pages 753-760, February.

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