Yano, Yuki; Blandford, David; Surry, Yves R. - Agricultural Economics Society - AES - 2010
The U.S. Renewable Fuel Standard program (RFS), which involves mandates for various biofuels, is complex and has been often misinterpreted or oversimplified in previous studies. In this paper we analyze the implications of the RFS for the U.S. domestic and international ethanol markets. We...