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strengthening relationship among corn, ethanol, and gasoline prices. We identify a structural change point at March 25, 2008 using …This study addresses the complex relationship between energy and agricultural markets—represented by corn, ethanol, and … gasoline prices—particularly in light of the growth in biofuel production. Contemporaneous price response and transmission of …
Persistent link: https://www.econbiz.de/10009002514
MSc Banking and Finance, Queen Mary University of London, School of Economics and Finance. Supervisor: Dario Maimone Ansaldo Patti
Persistent link: https://www.econbiz.de/10010960662
Events external to agriculture have set in motion the conditions for structural change in the marketing of corn in the U.S. These included a rapid increase in the price of crude oil from $40 per barrel to over $100 caused by hurricanes, geopolitical events, an increased global demand for energy...
Persistent link: https://www.econbiz.de/10008546408
biofuels production. We examine the impact of corn-based ethanol production in the United States on land use in other countries. …
Persistent link: https://www.econbiz.de/10008922700
whether E-10 ethanol-enhanced fuel contributes to acetaldehyde air pollution over the pre-ethanol methyl tertiary-buthyl ether …
Persistent link: https://www.econbiz.de/10011068986
We model the energy–agriculture linkage through structural vector autoregression (VAR) model. This model quantifies the relative importance of various contributing factors in driving prices in both markets. The LiNGAM algorithm from the machine learning literature is used to help identify...
Persistent link: https://www.econbiz.de/10011069015
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
enhanced if the mandate policies are accompanied by liberalization in ethanol trade. …
Persistent link: https://www.econbiz.de/10010913936
Persistent link: https://www.econbiz.de/10010916125
among these six variables: rice, wheat, corn, coal, crude oil and ethanol. Our major contribution to the existing literature … innovation accounting analysis of the ECM shocks. 2) We uncover a recent price transmission among major food-energy markets in … energy prices. We also find that ethanol price is neither in the long-run equilibrium nor responding to deviation from long …
Persistent link: https://www.econbiz.de/10010916715