Yi, Fujin; Lin, C.-Y. Cynthia; Thome, Karen - Agricultural and Applied Economics Association - AAEA - 2013
renewable fuels standard (RFS) on the U.S. fuel ethanol industry. Analyses that ignore the dynamic implications of these … future evolution of the fuel ethanol industry. In this paper, we construct a dynamic model to recover the entire cost … corn-based fuel ethanol production, and that investment subsidies and entry subsidies are more effective than production …