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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.

Suggested Citation

  • Ferris, John N. & Joshi, Satish V., 2004. "Evaluating The Impacts Of An Increase In Fuel-Ethanol Demand On Agriculture And The Economy," 2004 Annual meeting, August 1-4, Denver, CO 20089, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea04:20089
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    File URL: http://purl.umn.edu/20089
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    References listed on IDEAS

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    1. Ferris, John N., 1989. "A Description of "AGMOD" -- An Econometric Model of U.S. and World Agriculture," Staff Papers 200979, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    2. 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.
    3. 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.
    4. 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 Archive 5244, Iowa State University, Department of Economics.
    5. Ferris, John N., 1995. "Evaluation of the Economic Impact of a Dry Mill Ethanol Plant in Michigan Using Corn as a Feedstock," Staff Papers 201205, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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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. 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.
    3. 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.
    4. Galik, Christopher S. & Abt, Robert C. & Latta, Gregory & Méley, Andréanne & Henderson, Jesse D., 2016. "Meeting renewable energy and land use objectives through public–private biomass supply partnerships," Applied Energy, Elsevier, vol. 172(C), pages 264-274.
    5. Annalisa Zezza, 2007. "The economic and environmental sustainability of biofuel production," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, November.

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    Keywords

    Resource /Energy Economics and Policy;

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