IDEAS home Printed from https://ideas.repec.org/p/ags/aaea26/404377.html

Estimating US and foreign supply responses to US biofuel policy shocks: Implications for using biofuels to support domestic farmers

Author

Listed:
  • Chen, Tzu-Hui
  • Sexton, Richard
  • Smith, Aaron
  • Swanson, Andrew

Abstract

No abstract is available for this item.

Suggested Citation

  • Chen, Tzu-Hui & Sexton, Richard & Smith, Aaron & Swanson, Andrew, 2026. "Estimating US and foreign supply responses to US biofuel policy shocks: Implications for using biofuels to support domestic farmers," 2026 Annual Meeting, July 26 - 28, 2026, Kansas City, Missouri 404377, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea26:404377
    DOI: 10.22004/ag.econ.404377
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/404377/files/177480_197058_115232_bbd_responses_june_2026.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.404377?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Gabriel E. Lade & Aaron Smith, 2025. "Biofuels: Past, Present, and Future," Annual Review of Resource Economics, Annual Reviews, vol. 17(1), pages 105-125, October.
    2. Nathan P. Hendricks & Joseph P. Janzen & Aaron Smith, 2015. "Futures Prices in Supply Analysis: Are Instrumental Variables Necessary?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 97(1), pages 22-39.
    3. Lapan, Harvey & Moschini, GianCarlo, 2012. "Second-best biofuel policies and the welfare effects of quantity mandates and subsidies," Journal of Environmental Economics and Management, Elsevier, vol. 63(2), pages 224-241.
    4. Jingbo Cui & Harvey Lapan & GianCarlo Moschini & Joseph Cooper, 2011. "Welfare Impacts of Alternative Biofuel and Energy Policies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(5), pages 1235-1256.
    5. Colin A. Carter & Gordon C. Rausser & Aaron Smith, 2017. "Commodity Storage and the Market Effects of Biofuel Policies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 99(4), pages 1027-1055.
    6. M. Bronfenbrenner, 1961. "Notes On The Elasticity Of Derived Demand," Oxford Economic Papers, Oxford University Press, vol. 13(3), pages 254-261.
    7. GianCarlo Moschini & Harvey Lapan & Hyunseok Kim, 2017. "The Renewable Fuel Standard in Competitive Equilibrium: Market and Welfare Effects," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 99(5), pages 1117-1142.
    8. Mekbib G. Haile & Matthias Kalkuhl & Joachim von Braun, 2016. "Worldwide Acreage and Yield Response to International Price Change and Volatility: A Dynamic Panel Data Analysis for Wheat, Rice, Corn, and Soybeans," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 98(1), pages 172-190.
    9. Michael J. Roberts & Wolfram Schlenker, 2013. "Identifying Supply and Demand Elasticities of Agricultural Commodities: Implications for the US Ethanol Mandate," American Economic Review, American Economic Association, vol. 103(6), pages 2265-2295, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hyunseok Kim & GianCarlo Moschini, 2018. "The Dynamics of Supply: U.S. Corn and Soybeans in the Biofuel Era," Land Economics, University of Wisconsin Press, vol. 94(4), pages 593-613.
    2. Nicholas J. Pates & Nathan P. Hendricks, 2021. "Fields from Afar: Evidence of Heterogeneity in United States Corn Rotational Response from Remote Sensing Data," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(5), pages 1759-1782, October.
    3. Stigler, Matthieu M., "undated". "Supply response at the field-level: disentangling area and yield effects," 2018 Annual Meeting, August 5-7, Washington, D.C. 274343, Agricultural and Applied Economics Association.
    4. Hendricks, Nathan P. & Haroon Bin Farrukh, Syed, "undated". "A Global Analysis of Crop Supply Response to Domestic Prices," 2018 Annual Meeting, August 5-7, Washington, D.C. 274334, Agricultural and Applied Economics Association.
    5. Karel Janda & Ladislav Krištoufek, 2019. "The Relationship Between Fuel and Food Prices: Methods and Outcomes," Annual Review of Resource Economics, Annual Reviews, vol. 11(1), pages 195-216, October.
    6. Christophe Gouel, 2020. "The Value of Public Information in Storable Commodity Markets: Application to the Soybean Market," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(3), pages 846-865, May.
    7. Christophe Gouel & Nicolas Legrand, 2025. "The role of storage in commodity markets: Indirect inference based on grain data," Quantitative Economics, Econometric Society, vol. 16(2), pages 705-747, May.
    8. JunJie Wu & Christian Langpap, 2015. "The Price and Welfare Effects of Biofuel Mandates and Subsidies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(1), pages 35-57, September.
    9. Karel Janda & Ladislav Kristoufek, 2019. "The Relationship Between Fuel and Food Prices: Methods, Outcomes, and Lessons for Commodity Price Risk Management," CAMA Working Papers 2019-20, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    10. Iglesias Pinedo, Wilman J., 2021. "The impact of Renewable Energy Standards on the biomass supply and agricultural land demand in the US Great Plains Region," 2021 Annual Meeting, August 1-3, Austin, Texas 314085, Agricultural and Applied Economics Association.
    11. Valenti, Daniele & Bertoni, Danilo & Cavicchioli, Davide & Olper, Alessandro, "undated". "Understanding the role of supply and demand factors in the global wheat market: a Structural Vector Autoregressive approach," FEEM Working Papers 338780, Fondazione Eni Enrico Mattei (FEEM).
    12. Nicolas Legrand, 2023. "War in Ukraine: The rational “wait‐and‐see” mode of global food markets," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(2), pages 626-644, June.
    13. Christina Korting & Harry de Gorter & David R Just, 2019. "Who Will Pay for Increasing Biofuel Mandates? Incidence of the Renewable Fuel Standard Given a Binding Blend Wall," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 101(2), pages 492-506.
    14. Stephen P. Holland & Jonathan E. Hughes & Christopher R. Knittel & Nathan C. Parker, 2013. "Unintended Consequences of Transportation Carbon Policies: Land-Use, Emissions, and Innovation," NBER Working Papers 19636, National Bureau of Economic Research, Inc.
    15. Magrini, Emiliano & Morales-Opazo, Cristian & Balie, Jean, 2014. "Supply response along the value chain in selected SSA countries: the case of grains," 2014: Food, Resources and Conflict, December 7-9, 2014. San Diego, California 197193, International Agricultural Trade Research Consortium.
    16. de Gorter, Harry & Rausser, Gordon C., 2013. "US Policy Contributions to Agricultural Commodity Price Fluctuations, 2006-12," WIDER Working Paper Series 033, World Institute for Development Economic Research (UNU-WIDER).
    17. de Gorter, Harry & Drabik, Dusan, 2015. "Developing Countries' Policy Responses to Food Price Boom and Biofuel Policies," 2015 Conference, August 9-14, 2015, Milan, Italy 211564, International Association of Agricultural Economists.
    18. Dalia Ghanem & Aaron Smith, 2022. "Causality in structural vector autoregressions: Science or sorcery?," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(3), pages 881-904, May.
    19. Khanna, Madhu & Hector, Nunez & David, Zilberman, 2014. "The Political-Economy of Biofuel and Cheap Oil Policies in Brazil," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169471, Agricultural and Applied Economics Association.
    20. Qin, Zhiran & Merel, Pierre, 2026. "From Trials to Commercialization: Global Market Effects of China's Genetically Modified Soybean and Corn Policies," 2026 Annual Meeting, July 26 - 28, 2026, Kansas City, Missouri 404675, Agricultural and Applied Economics Association.

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea26:404377. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.