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Estimating the Importance of the Ethanol Industry to the Iowa Economy in 2011

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  • Swenson, David A.

Abstract

At ISU we produce estimates of the total value of certain industries to the state's economy using modeling systems that contain up-to-date secondary data on the major components of industrial production in the state. We, for example, periodically describe the importance of agriculture and ag-related manufacturing to jobs and incomes in Iowa for the College of Agriculture and Life Sciences as it promotes its education and outreach services to its many and diverse stakeholders. Similar studies have been done for manufacturing clusters, like the Cedar Rapids area food and kindred products manufacturing sector, or whole industries, like the state's vaunted insurance sector.This report summarizes the ethanol industry's value to the state of Iowa using the same methods ISU employs with other industries it periodically evaluates as well as the same methods it has deployed in previous studies of Iowa's ethanol sector.

Suggested Citation

  • Swenson, David A., 2011. "Estimating the Importance of the Ethanol Industry to the Iowa Economy in 2011," Staff General Research Papers Archive 34755, Iowa State University, Department of Economics.
  • Handle: RePEc:isu:genres:34755
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    File URL: http://www2.econ.iastate.edu/papers/p14755-2011-12-30.pdf
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    Keywords

    corn ethanol; economic impacts;

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