strengthening relationship among corn, ethanol, and gasoline prices. We identify a structural change point at March 25, 2008 using …This study addresses the complex relationship between energy and agricultural markets—represented by corn, ethanol, and … gasoline prices—particularly in light of the growth in biofuel production. Contemporaneous price response and transmission of …

corn, crude oil, ethanol, gasoline, soybeans, and sugar, and their open interest. The empirical results demonstrate the … presence of these relationships in this nexus, and underscore the importance of ethanol and soybeans in all these relationships …. In particular, ethanol and be considered as a catalyst in this nexus because of its significance as a loading factor, a …

estimates. To bring more clarity to this issue, we review studies on U.S. corn ethanol expansion released between 2008 and 2013 …. Normalizing corn price impacts by the increase in corn ethanol volume, we find that each billion gallon expansion in ethanol …, projection year, inclusion of ethanol co-products, international biofuel production, and baseline and policy ethanol volumes …

enhanced if the mandate policies are accompanied by liberalization in ethanol trade. …

among these six variables: rice, wheat, corn, coal, crude oil and ethanol. Our major contribution to the existing literature … innovation accounting analysis of the ECM shocks. 2) We uncover a recent price transmission among major food-energy markets in … energy prices. We also find that ethanol price is neither in the long-run equilibrium nor responding to deviation from long …