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Biofuel production must increase to 36 billion gallons by the year 2022, according to government mandates. The majority of this fuel must be produced from “advanced” or second-generation biofuel feedstocks after 2015. Advanced biofuel feedstocks include annual crops such as sweet sorghum....
Persistent link: https://www.econbiz.de/10009210898
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 …
Persistent link: https://www.econbiz.de/10010880896
Among many, increasing the price of municipal water is considered to be the most effective mechanism for enhancing municipal water conservation, whether during times of drought or not. However, increasing the price of something that is considered to be, literally, a life-giving resource is...
Persistent link: https://www.econbiz.de/10010915965
Persistent link: https://www.econbiz.de/10010916125
hundred percent of ethanol. This paper investigates how motorists arbitrage between hydrous ethanol and gasoline using … demands for hydrous ethanol and gasoline. I estimate using nonlinear seemingly unrelated regressions the demands for hydrous … ethanol and gasoline in Brazil, and motorists preferences for hydrous ethanol. I nd that on average, accounting for the …
Persistent link: https://www.econbiz.de/10010916256
In this study stylized gasoline blender’s optimal hedging strategy in the presence of ethanol mandates is analyzed. In …
Persistent link: https://www.econbiz.de/10010916469
and ethanol policies on farmland values and rental rates. Using weighted ordinary least squares and two stage least … squares, we find that government payments, urban pressure and the proximity of the farm to an ethanol facility have a positive …
Persistent link: https://www.econbiz.de/10010916482
among these six variables: rice, wheat, corn, coal, crude oil and ethanol. Our major contribution to the existing literature … energy prices. We also find that ethanol price is neither in the long-run equilibrium nor responding to deviation from long …-run equilibrium. It supports that under the current policy, Chinese government has done well to prevent the ethanol price driving up …
Persistent link: https://www.econbiz.de/10010916715
Selected Paper prepared for presentation at the Agricultural & Applied Economics Association's 2012 AAEA Annual Meeting, Seattle, Washington, August 12-14, 2012. This research was supported by a cooperative agreement with U.S. Department of Agriculture, the Economic Research Service. We thank...
Persistent link: https://www.econbiz.de/10010916730
Our paper looks at how price volatility in the Brazilian ethanol industry changes over time and across markets by using … multivariate GARCH process. Our results suggest that crude oil prices not only influence ethanol price levels, but also their … volatility. Increased volatility in crude oil markets results in increased volatility in ethanol markets. Ethanol prices, on the …
Persistent link: https://www.econbiz.de/10005000495