Salvo, Alberto; Huse, Christian; Goldbaum, Sergio; … - 2007
the retail price of ethanol to that of gasoline. Of relevance to the current food-versus-fuel" debate, the outward shift … of the ethanol demand curve, at price levels where traditional gasoline consumers arbitrage, may lead to higher sugar … developing a successful substitute for gasoline merits attention. Brazil is the only sizable economy to date to have developed a …