This paper analyzes the effects of the Renewable Fuel Standard (RFS) and the existing accompanying volumetric ethanol excise tax credit (VEETC) and import tariff on food prices in the US relative to a counter-factual business-as-usual (BAU) scenario. It shows that policies like the VEETC and...

Biofuel production is being promoted through various policies such as mandates and tax credits. This paper uses a dynamic, spatial, multi-market equilibrium model, Biofuel and Environmental Policy Analysis Model (BEPAM), to estimate the effects of these policies on cropland allocation, food and...

Biofuel production is being promoted through various policies such as mandates and tax credits. This paper uses a dynamic, spatially explicit, multi-market equilibrium model, Biofuel and Environmental Policy Analysis Model (BEPAM), to estimate the effects of these policies on allocation of land...