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Economic Impacts of Not Extending Biofuels Subsidies

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  • FAPRI

Abstract

This study uses a stochastic model to analyze the impact of not extending the ethanol tax credit, the ethanol import tariff, or the $1.00 per gallon biodiesel tax credit on the biofuels and agricultural commodity markets.

Suggested Citation

  • Fapri, 2007. "Economic Impacts of Not Extending Biofuels Subsidies," FAPRI-MU Report Series 42189, Food and Agricultural Policy Research Institute (FAPRI).
    • Handle: RePEc:ags:faprre:42189
    DOI: 10.22004/ag.econ.42189
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    File URL: https://ageconsearch.umn.edu/record/42189/files/FAPRI_UMC_Report_17_07.pdf
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    References listed on IDEAS

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    1. Duffield, James A. & Collins, Keith J., 2006. "Evolution of Renewable Energy Policy," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 21(1), pages 1-6.
    2. Amani Elobeid & Simla Tokgoz & Dermot J. Hayes & Bruce A. Babcock & Chad E. Hart, 2006. "Long-Run Impact of Corn-Based Ethanol on the Grain, Oilseed, and Livestock Sectors: A Preliminary Assessment, The," Center for Agricultural and Rural Development (CARD) Publications 06-bp49, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    3. Amani Elobeid & Simla Tokgoz, 2006. "Removal of U.S. Ethanol Domestic and Trade Distortions: Impact on U.S. and Brazilian Ethanol Markets," Center for Agricultural and Rural Development (CARD) Publications 06-wp427, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    4. Gallagher, Paul W. & Shapouri, Hosein & Price, Jeffrey & Schamel, Guenter & Brubaker, Heather, 2003. "Some Long-Run Effects of Growing Markets and Renewable Fuel Standards on Additives Markets and the U.S. Ethanol Industry," Staff General Research Papers Archive 10648, Iowa State University, Department of Economics.
    5. Gallagher, Paul W. & Shapouri, Hosein & Price, Jeffrey & Schamel, Guenter & Brubaker, Heather, 2003. "Some long-run effects of growing markets and renewable fuel standards on additives markets and the US ethanol industry," Journal of Policy Modeling, Elsevier, vol. 25(6-7), pages 585-608, September.
    6. Gallagher, Paul W. & Shapouri, Hosein & Price, Jeffrey & Schamel, Guenter & Brubaker, Heather, 2003. "Some long-run effects of growing markets and renewable fuel standards on additives markets and the US ethanol industry," ISU General Staff Papers 200309010700001445, Iowa State University, Department of Economics.
    7. Eidman, Vernon R., 2005. "Agriculture's Role in Energy Production: Current Levels and Future Prospects," Energy from Agriculture: New Technologies, Innovative Programs and Success Stories, December 14-15, 2005, St. Louis, Missouri 7628, Farm Foundation.
    8. Oecd, 2006. "Agricultural Market Impacts of Future Growth in the Production of Biofuels," OECD Papers, OECD Publishing, vol. 6(1), pages 1-57.
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    Citations

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    Cited by:

    1. Luther Tweeten & Carl Zulauf, 2008. "Farm price and income policy: lessons from history," Agribusiness, John Wiley & Sons, Ltd., vol. 24(2), pages 145-160.
    2. Westhoff, Patrick C. & Brown, Scott & Binfield, Julian C.R., 2008. "Why Stochastics Matter: Analyzing Farm And Biofuel Policies," 107th Seminar, January 30-February 1, 2008, Sevilla, Spain 6601, European Association of Agricultural Economists.
    3. Robert Hahn & Caroline Cecot, 2009. "The benefits and costs of ethanol: an evaluation of the government’s analysis," Journal of Regulatory Economics, Springer, vol. 35(3), pages 275-295, June.
    4. Tweeten, Luther G. & Thompson, Stanley R., 2008. "Long-term Global Agricultural Output Supply-Demand Balance and Real Farm and Food Prices," Working Papers 46009, Ohio State University, Department of Agricultural, Environmental and Development Economics.
    5. Lihong Lu McPhail & Bruce A. Babcock, 2008. "Short-Run Price and Welfare Impacts of Federal Ethanol Policies," Center for Agricultural and Rural Development (CARD) Publications 08-wp468, Center for Agricultural and Rural Development (CARD) at Iowa State University.

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