Núñez, Héctor M.; Onal, Hayri - Centro de Investigación y Docencia Económicas (CIDE) - 2014
Brazil uses taxes, subsidies, and blending mandates as policy instruments to manage its transportation fuel markets. Despite all the market stabilization efforts, the fuels sector has been very dynamic in recent years. In response to ethanol supply fluctuations, the ethanol blending rate is...